Optimism is many things: a rapidly diversifying economy, a stack of open source modules for scalable blockchains, and a Collective of companies, contributors, and community members working towards common goals. It is an ethos and a vibe. Optimism’s vision is to create a global economy with a profit motive for public goods. To reach this vision, Optimism is pioneering a new model for digital governance – one that both echoes our earliest democracies and learns from our industry’s current patte...

Optimism is many things: a rapidly diversifying economy, a stack of open source modules for scalable blockchains, and a Collective of companies, contributors, and community members working towards common goals. It is an ethos and a vibe. Optimism’s vision is to create a global economy with a profit motive for public goods. To reach this vision, Optimism is pioneering a new model for digital governance – one that both echoes our earliest democracies and learns from our industry’s current patte...

Excitement has been brewing since last week’s announcement of the Optimism Collective. It’s going to be an OP Summer. Over the coming weeks, we’ll be publishing more details on how we plan to scale a sustainable future for the Optimism Collective—starting today with OP Stimpack, the first formal action of the Token House. This activates the Governance Fund (231,928,234 OP) to begin incentivizing growth on OP Mainnet. You can read about our long-term vision for sustainable governance at scale ...

Excitement has been brewing since last week’s announcement of the Optimism Collective. It’s going to be an OP Summer. Over the coming weeks, we’ll be publishing more details on how we plan to scale a sustainable future for the Optimism Collective—starting today with OP Stimpack, the first formal action of the Token House. This activates the Governance Fund (231,928,234 OP) to begin incentivizing growth on OP Mainnet. You can read about our long-term vision for sustainable governance at scale ...

An Inconvenient TruthOptimism was built to empower humanity through decentralized blockchain technology that enables unprecedented coordination of human intelligence across the globe, at scale. And there is a lot to celebrate: by our estimation, over the past two years, OP Mainnet has cumulatively saved users $2.69 billion in fees, 15.8 years of waiting for transaction confirmations, and currently secures $2.8 billion in onchain value. But the reality is: nobody has truly scaled Ethereum. Tha...

An Inconvenient TruthOptimism was built to empower humanity through decentralized blockchain technology that enables unprecedented coordination of human intelligence across the globe, at scale. And there is a lot to celebrate: by our estimation, over the past two years, OP Mainnet has cumulatively saved users $2.69 billion in fees, 15.8 years of waiting for transaction confirmations, and currently secures $2.8 billion in onchain value. But the reality is: nobody has truly scaled Ethereum. Tha...

It’s time for a new chapter. As crypto enters its next wave of adoption, the calls for scalability are deafening. This demand is often answered by centralized layer-1 competitors, who abandon Ethereum’s security and values under the guise of cheap fees and a quick buck. We must not recreate Web2 incentives in our quest for Web3 scalability. Web3 offers the opportunity to rebuild the internet to align with the values of its users. Sacrificing this mission is sacrificing the purpose of crypto. ...

It’s time for a new chapter. As crypto enters its next wave of adoption, the calls for scalability are deafening. This demand is often answered by centralized layer-1 competitors, who abandon Ethereum’s security and values under the guise of cheap fees and a quick buck. We must not recreate Web2 incentives in our quest for Web3 scalability. Web3 offers the opportunity to rebuild the internet to align with the values of its users. Sacrificing this mission is sacrificing the purpose of crypto. ...

*⚠️ Stay safe: ⚠️ there is no claims page for Airdrop 2. Tokens have been sent directly to eligible addresses. Do not interact with any website claiming to distribute Airdrop #2. The OP token contract address is *0x4200000000000000000000000000000000000042. In May 2022, Optimism conducted Airdrop #1, distributing over 200m OP tokens to 250,000 early adopters and engaged users. With the introduction of OP, the Collective set out to establish a bicameral governance system that provides the found...

*⚠️ Stay safe: ⚠️ there is no claims page for Airdrop 2. Tokens have been sent directly to eligible addresses. Do not interact with any website claiming to distribute Airdrop #2. The OP token contract address is *0x4200000000000000000000000000000000000042. In May 2022, Optimism conducted Airdrop #1, distributing over 200m OP tokens to 250,000 early adopters and engaged users. With the introduction of OP, the Collective set out to establish a bicameral governance system that provides the found...

OP Airdrop #1 is now live. 🔴‿🔴 Details below. But first, a quick recap of what’s been an absolute whirlwind of a month:Not Your Average Token LaunchA little over a month ago, we announced the launch of the Optimism Collective: our large-scale experiment in digital democratic governance, with a mission of realigning the internet with its constituents. The Collective is a band of communities, companies, and citizens united by a mutually beneficial pact to adhere to the axiom of impact=profit ...

OP Airdrop #1 is now live. 🔴‿🔴 Details below. But first, a quick recap of what’s been an absolute whirlwind of a month:Not Your Average Token LaunchA little over a month ago, we announced the launch of the Optimism Collective: our large-scale experiment in digital democratic governance, with a mission of realigning the internet with its constituents. The Collective is a band of communities, companies, and citizens united by a mutually beneficial pact to adhere to the axiom of impact=profit ...

The Design Philosophy Behind the First Release of the OP StackThe successful OP Goerli Testnet upgrade is behind us, a robust audit competition is putting the Bedrock architecture under a microscope, and voting on the upgrade proposal submitted to the Token House commences February 15. Bedrock is so close to landing on OP Mainnet, and we want to take this opportunity to share more details about the vision and technical specifics behind this release. Read on to learn about the design philosoph...

The Design Philosophy Behind the First Release of the OP StackThe successful OP Goerli Testnet upgrade is behind us, a robust audit competition is putting the Bedrock architecture under a microscope, and voting on the upgrade proposal submitted to the Token House commences February 15. Bedrock is so close to landing on OP Mainnet, and we want to take this opportunity to share more details about the vision and technical specifics behind this release. Read on to learn about the design philosoph...

Earlier this year, we declared a Summer of Optimism heralded by the launch of the Optimism Collective, the OP token, and the distribution of grants to projects aligned with The Optimistic Vision in order to kickstart the growth of the Optimism ecosystem. Fast forward to the present, and we're beginning to see just that! On-chain transactions are up, with OP Mainnet settling an average of 150k+ transactions per day over the last 30 days—up about 40% versus the prior 90 days.OP Mainnet Tra...

Earlier this year, we declared a Summer of Optimism heralded by the launch of the Optimism Collective, the OP token, and the distribution of grants to projects aligned with The Optimistic Vision in order to kickstart the growth of the Optimism ecosystem. Fast forward to the present, and we're beginning to see just that! On-chain transactions are up, with OP Mainnet settling an average of 150k+ transactions per day over the last 30 days—up about 40% versus the prior 90 days.OP Mainnet Tra...

Rewarding positive impact while fueling ecosystem growth Retroactive Public Goods Funding is the engine that drives the growth of the Optimism ecosystem. With the knowledge and data afforded by hindsight, RetroPGF aims to effectively allocate capital to the builders whose efforts have provided public good to the Collective. By investing in the projects and people that have created positive impact, the Collective is supercharging the tooling, education, infrastructure, utilities, and open sour...

Rewarding positive impact while fueling ecosystem growth Retroactive Public Goods Funding is the engine that drives the growth of the Optimism ecosystem. With the knowledge and data afforded by hindsight, RetroPGF aims to effectively allocate capital to the builders whose efforts have provided public good to the Collective. By investing in the projects and people that have created positive impact, the Collective is supercharging the tooling, education, infrastructure, utilities, and open sour...

The Optimism Collective is an attempt to birth a new form of organization, built on the belief that that humans > capital and impact = profit, and committed to tackling the coordination problems which crypto as a whole has yet to solve. Ultimately, Optimism isn’t building a blockchain—it’s building a digital society. But ambitious goals demand equally ambitious infrastructure. Today, we’re proud to introduce the next evolution of Optimism’s scalability architecture: the OP Stack. The OP Stack...

The Optimism Collective is an attempt to birth a new form of organization, built on the belief that that humans > capital and impact = profit, and committed to tackling the coordination problems which crypto as a whole has yet to solve. Ultimately, Optimism isn’t building a blockchain—it’s building a digital society. But ambitious goals demand equally ambitious infrastructure. Today, we’re proud to introduce the next evolution of Optimism’s scalability architecture: the OP Stack. The OP Stack...

// TL;DR: The Optimism Collective is a large-scale experiment in non-plutocratic governance and funding public goods for a more aligned internet. In this post, we explain our agile approach to governance—relentlessly iterating until we form a system which can stand the test of time. Last month, we unveiled our vision for Optimism’s governance system. For years leading up to this milestone, people asked us: “when token?” But fewer asked: “why token?” The answer to “why token” is simple, but po...

// TL;DR: The Optimism Collective is a large-scale experiment in non-plutocratic governance and funding public goods for a more aligned internet. In this post, we explain our agile approach to governance—relentlessly iterating until we form a system which can stand the test of time. Last month, we unveiled our vision for Optimism’s governance system. For years leading up to this milestone, people asked us: “when token?” But fewer asked: “why token?” The answer to “why token” is simple, but po...

Wow. 2022 has been quite the decade. As we prepare to leave it behind us and greet the new year, we thought we'd take a look back on another year of Optimism. In 2022, OP governance was born. In April, we introduced the Optimism Collective, and soon after, the Token House went live. It’s now entering its third Season of iterative governance. They sure grow up fast! RetroPGF 2 will allocate 10m OP to public goods early next year, an early step in applying that same iterative philosophy to...

Wow. 2022 has been quite the decade. As we prepare to leave it behind us and greet the new year, we thought we'd take a look back on another year of Optimism. In 2022, OP governance was born. In April, we introduced the Optimism Collective, and soon after, the Token House went live. It’s now entering its third Season of iterative governance. They sure grow up fast! RetroPGF 2 will allocate 10m OP to public goods early next year, an early step in applying that same iterative philosophy to...