Optimism revealed on Monday a proposal to develop a native protocol solution which will address the issue of fragmented liquidity across the ecosystem of its rollup chains.
Layer-2’s giant solution unifies its ecosystem by a “universal standard of interoperability.”
Even though it is easy to create a rollup with just a few mouse clicks, the user still faces issues such as fragmented liquidity and a difficult experience.
The new Optimism protocol layer for multichain will include four main components: a message passing protocol, a standardized SuperchainERC20 token standard, an interoperable OP Stack chain set that all OP Stack rolls up chains can use, and a fault-proof system shared between multiple chains.
Optimism’s native protocol will leverage ERC-7683 as well, a standard proposed by Uniswap and Across to enable interoperability at the dapp level.
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A three-stage rollout plan is being developed. A devnet is launched first to get feedback. Next, the testnet and message passing protocol will be released along with SuperchainERC20. The mainnet will be launched after the devnet.
End goal: To create a single experience that is unified not just between all the Optimism Chains but also Ethereum. Users can then enjoy seamless inter-chain movement and benefit from unified liquidity.
Optimism’s OP Stack is the most popular rollup stack among all others, largely due to a first mover advantage which is crucial in an open source network.
OP, an open source and modular software development platform that allows builders to develop a custom rollup.
Optimism’s Superchain boasts 29 OP Stack chains — including Base, Blast and Zora — more than any other rollup development stack. The upcoming World Chain layer-2, backed by Worldcoin and Sam Altman, is also slated for launch using the OP Stack in later this year.
According to L2beat, the 29 chains control 36.4% (or $16.57 Billion) of layer-2 value and transactions as of August 20, 2024.
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