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.

Table of Contents

  1. Who created Optimism?
  2. What is Optimism's symbol?
  3. How fast is Optimism?
  4. What is Optimism's block time?
  5. Can you mine Optimism?
  6. Does Optimism support smart contracts?
  7. Is Optimism EVM compatible?
  8. Is Optimism dead?

Who created Optimism?

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

What is Optimism's symbol?

Optimism's ticker is OP.

How fast is Optimism?

Optimism can process an estimated 4000 transactions per second. Though, you should also consider block time in this equation too.

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 support smart contracts?

Yes, Optimism has smart contracts. It can support DeFi, NFTs, gaming, and more.

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?

Blockchains don't tend to "die"... They're designed to continue running without a centralize authority or provider. If there's still a node running, Optimism will remain in use. Sure, there may be exploits, or luls in user activity, but generally it should keep running!

Optimism comparisons

Compare Optimism with other blockchains to see how it stacks up.

We've compared Optimism with 18 other blockchains. Click on a comparison to learn more!

Optimism's social links

Find out more about Optimism by visiting their official channels!