Optimism Changed The Project Name To OP Mainnet To Represent Optimism “Super Chain” Vision

Optimism (✨🔴_🔴✨) on Twitter: "It’s official: the chain formerly known as Optimism is now OP Mainnet! This distinction makes clear the delineation between the OP Mainnet blockchain and the Collective, vibe, and ethos that “Optimism” encompasses." 

On June 23; Optimism, a layer 2 scaling solution, changed the name to OP Mainnet to reflect its “superchain” vision. Optimism uses Optimistic Rollup technology that process transactions on Optimism blockchain, then roll up all the transactions and bridge back to Ethereum blockchain.

OP Stack

OP Stack from Optimism lets anyone who wants to create layer 2 blockchains use open-source code from Optimism to create their own layer 2 blockchains.

Superchain

Base from Coinbase also uses OP Stack and BNB Chain layer 2 uses OP Stack technology as well to scale BNB Chain. Superchain is the creation of many OP Stack. OP Stack are interoperable with each other with OP mainnet as an umbrella and core network of the Optimism superchain. Many blockchains can use Optimism’s technology to scale their transactions and reduce network fees.  

OP Token

Optimism is a layer 2 that has its own token called OP. OP tokens are governance tokens. OP token has 2% annual inflation rate.

Optimism ranks 48^th for largest crypto by market cap. However, fully diluted market cap of Optimism is already $5.86 billion. On the other hand, fully diluted market cap of Polygon is $6.85 billion. 

www.optimism.io