What Is Optimism (OP)? Complete Guide & Review About Optimism

What Is Optimism (OP)?

The live Optimism price today is $1.57 USD with a 24-hour trading volume of $441,847,634 USD. They update OP to USD price in real-time. This is down 65.73% in the last 24 hours. The current CoinMarketCap ranking is #2810, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.

If you would like to know where to buy Optimism at the current rate, the top cryptocurrency exchanges for trading in the stock are currently Binance, OKX, Bybit, Bitget, and MEXC. You can find others listed on crypto exchanges page.

Optimism Coin (OP) is a cryptocurrency. It has a current supply of 4,294,967,296 with 0 in circulation. The last known price of This is 1.5751188 USD and is down -65.53 over the last 24 hours. It is currently trading on 26 active market(s) with $442,036,075.38 traded over the last 24 hours.

Important Points Table Of Optimism Coin

How to Buy the Continental & Trade On Exchange?

Open source, secure, permissionless, and decentralized.

That’s what a blockchain needs to survive. Very few of them check all these boxes. Ethereum is one of them.

A strong foundation determines the long-term success of any endeavor. Join a thriving digital metropolis of decentralized applications that’s here to stay.

The L2 with the best UX and DevX, hands down.

Optimism addresses the practical needs of developers and users. It works great now, and it’s only getting better.

Simple and elegant

As few lines of code as possible separate The from Ethereum’s battle-tested infrastructure. Build your app on the L2 that doesn’t quit.

Click and deploy

Optimism is equivalent with the Ethereum Virtual Machine, not just compatible. This means all Ethereum apps and tooling just work.

A community of builders

Hop in the Discord and get all the technical support you need from the Optimism Coin Support Nerds or find teammates for your next big project.

Developer resources

Everything you need to get started building on Optimism, all in one place.

How Optimism Works

Design philosophy

Optimism is built according to a strong design philosophy that stands on four main pillars: simplicity, pragmatism, sustainability, and, of course,. It’s important to understand these pillars as they heavily influence the design of as a whole

Simplicity

Optimism Coin is designed to be as simple as possible for the feature set it provides. Ideally, They should be composed of the minimum number of moving parts required for a secure, scalable, and flexible L2 system. This simplicity gives design a number of significant advantages over other more complex L2 constructions.

Simplicity reduces engineering overhead, which in turn means they can spend our time working on new features instead of re-creating existing ones. The prefers to use existing battle-tested Ethereum code and infrastructure where possible. The most visible example of this philosophy in practice is the choice to use Geth as Optimism’s client software

Pragmatism

For all its idealism, the design process behind this is ultimately driven by pragmatism. The core The team has real-world constraints, the projects that build on They have real-world needs, and the users that engage with Optimism have real-world problems. The design philosophy prioritizes user and developer needs over theoretical perfection. Sometimes the best solution isn’t the prettiest one.

Optimism Coin is also developed with the understanding that any core team will have limited areas of expertise. This is developed iteratively and strives to continuously pull feedback from users. Many core the features today (like EVM Equivalence (opens new window)) were only made possible by this iterative approach to protocol development

Sustainability

Optimism is in it for the long haul. Application developers need assurance that the platform they’re building on will remain not only operational but competitive over long periods of time. The design process is built around the idea of long-term sustainability and not taking shortcuts to scalability. At the end of the day, a scalable system means nothing without the ecosystem that sustains it.

Sustainability actively influences Optimism Coin protocol design in ways that go hand-in-hand with philosophy of simplicity. The more complex a codebase, the more difficult it is for people outside of the core development team to actively contribute. By keeping our codebase simple we’re able to build a bigger community of contributors who can help maintain the protocol long-term

Rollup Protocol

We’ve covered most of the “why” behind Optimism. Now it’s time to explain the big idea that makes possible: the Optimistic Rollup. We’ll go through a brief explainer of how Optimistic Rollups work at a high level. Then we’ll explain why This is built as an the Rollup and why they believe it’s the best option for a system that addresses all of our design goals.