Optimism (OP) Review (2023)

This is an in-depth Optimism review that covers many different attributes and metrics.

Table of Contents

  1. What is Optimism?
  2. Who is the Optimism founder?
  3. What is Optimism's ticker?
  4. How fast is Optimism?
  5. What is Optimism's block time?
  6. Can you mine Optimism?
  7. Does Optimism have smart contracts?
  8. Is Optimism EVM compatible?
  9. Is Optimism dead?


What is Optimism?

The Optimism blockchain is a distributed, peer-to-peer database that allows users to store and share their own information, including text, photos, and videos. The blockchain is completely open source and has a public ledger for transparency.

Who is the Optimism founder?

Optimism was founded by Jinglan Wang, Benjamin Jones, Karl Floersch, and Kevin Ho.

What is Optimism's ticker?

Optimism's ticker is OP.

How fast is Optimism?

Optimism can process an estimated 4000 transactions per second.

What is Optimism's block time?

Optimism's block time is approximately 2 seconds. This means that every 2 seconds, the Optimism blockchain produces a new block.

Can you mine Optimism?

No, you cannot mine Optimism. Optimism is a PoS blockchain.

Does Optimism have smart contracts?

Yes, Optimism has smart contracts. Therefore it supports DeFi and NFTs.

Is Optimism EVM compatible?

Yes, Optimism is EVM compatible. You can use it with popular Web3 wallets like Metamask. It supports smart contracts, DeFi, NFTs, dApps, and more.

Is Optimism dead?

No, blockchains don't die. They're specifically designed not to die. Provided there is a node running, Optimism will remain in use. Sure, there may be exploits, or a lul in user activity, but these are resolvable.

How does Optimism compare with other blockchains?

Optimism Links