Optimism, a layer-2 scaling solution for Ethereum, has gained widespread adoption by several major crypto institutions, including Kraken, Uniswap, World Network, and Sony's Blockchain Lab. As a result, Optimism's founding team, led by Jing Wang, has been nominated for CoinDesk's 2024 Most Influential list. The team consists of Ethereum OGs and their story dates back to 2016 when Wang was introduced to Karl Floersch, a former Ethereum Foundation researcher. Optimism's technology, known as optimistic rollups, has been successful in bundling large amounts of transaction data into digestible batches, making transactions cheaper and faster on the network. Optimism's success has also been attributed to its OP Stack, a framework that enables developers to create their own layer-2 chains easily. The company has been providing grants in the form of OP tokens to projects building on its stack, although the exact amounts have not been disclosed. Optimism's approach of providing easy technology and grants aims to foster collaboration and improve the overall ecosystem. The success of Optimism in the Ethereum scaling race remains to be seen.



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