Optimism is a groundbreaking blockchain scaling solution that operates as a layer 2 protocol on top of the Ethereum blockchain. The platform addresses the key issue of network congestion by increasing transaction throughput and reducing gas fees. The use of Optimistic Rollups enables Optimism to handle up to 2,000 tps, which significantly enhances the speed and efficiency of ETH transactions. Furthermore, Optimism provides a user-friendly interface, tools, and features that allow developers to build and deploy Dapps with ease.
OP is the native crypto of the Optimism platform, which serves as the backbone of the ecosystem. It enables a wide range of transactions, including rewards for users who contribute to the platform, such as providing liquidity and participating in governance decisions.