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TürkçeOptimism Information
Optimism is a layer 2 scaling solution for Ethereum that aims to enhance its transaction throughput and reduce fees, thereby improving the overall user experience. By leveraging optimistic rollups, it aggregates multiple transactions off-chain before submitting them as a single, condensed transaction to the Ethereum mainnet. This approach not only alleviates network congestion but also maintains the security and decentralization inherent in Ethereum.
Understanding Optimism: A Layer 2 Solution
Optimism is a Layer 2 scaling solution built on Ethereum's blockchain, aimed at enhancing the speed and reducing the cost of transactions. It achieves this by utilizing optimistic rollups, a technology that aggregates multiple transactions off-chain and posts the final results on the Ethereum network. This enables faster and cheaper transactions, addressing some of the significant limitations of Ethereum's scalability.
Historical Development and Market Presence
Since its inception, Optimism has made considerable strides in the market. The coin reached its all-time low (ATL) of $0.402159 on June 18, 2022, and soared to an all-time high (ATH) of $4.84 on March 6, 2024. Despite its high volatility, Optimism has demonstrated resilience, with current trading prices around $1.71. The market capitalization has also shown growth, reflecting the increasing adoption and belief in Layer 2 solutions.
Advantages of Optimism
One of the primary advantages of Optimism is its capability to significantly reduce transaction fees on Ethereum, making it more accessible for users. Furthermore, the use of optimistic rollups ensures that the security of transactions is maintained without compromising the speed, creating a balance between efficiency and security.
Additionally, Optimism's infrastructure allows developers to seamlessly deploy their decentralized applications (DApps) on the Layer 2 network, promoting innovation and further adoption of blockchain technology. The compatibility with Ethereum also means developers do not have to learn new programming languages, leveraging existing developer knowledge.
Challenges and Limitations
Despite its advantages, Optimism is not without challenges. The concept of optimistic rollups relies on a dispute resolution mechanism, which can occasionally lead to delays and require a watchful eye for potential fraud. Moreover, while the Layer 2 solution reduces costs, it does not entirely eliminate Ethereum's inherent scaling issues.
Future Prospects and Market Outlook
As the cryptocurrency market continues to evolve, Optimism is well-positioned to play a critical role in Ethereum's scalability issues. The ongoing development and improvement of its technology may lead to greater adoption, fostering a more efficient Ethereum ecosystem. With blockchain technology continually expanding, solutions like Optimism present promising futures, potentially elevating their market value over time.
Investors and stakeholders are likely to monitor Optimism's progress closely, especially in conjunction with Ethereum's roadmap, as any substantial upgrades or changes to Ethereum 2.0 could significantly impact the demand and functionality of Layer 2 solutions.
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from price
$2
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General Information |
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Title
Optimism
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Symbol
op
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Whitepaper
-
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Website
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Community
-
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Last Updated
2025-01-21 23:53
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Price Data |
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Current Price $
1.75
$
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High 24h
1.79
$
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Low 24h
1.63
$
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Price Change 24h
0.0460288
$
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Price Change % 24h
2.70833
%
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Market Data |
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Market Cap
2359296259
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Total Volume
283823029
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Market Cap Change 24h
39660840
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Market Cap Change % 24h
1.70979
%
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Return on Investment (ROI)
-
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Supply and Availability |
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Circulating Supply
1351719035
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Total Supply
4294967296
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Max Supply
4294967296
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Historical Data |
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All Time High (ATH)
4.84
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ATH Change %
-63.9251
%
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ATH Date
2024-03-06 08:35
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All Time Low (ATL)
0.402159
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ATL Change %
334.54936
%
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ATL Date
2022-06-18 20:54
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