scaling solutions News and Articles

Optimism, which is an offchain scaling solution for Ethereum, attracted $150 M in a Series B funding round. Investors have valued the project at $1.65 B. Paradigm and a16z led the round. A blog post by the company says within a year since its release on the mainnet, Optimism has allowed users to...

Ethereum offchain scaling solution Optimism revealed that there was found a vulnerability in the codebase by software engineer Jay Freeman (saurik), who reported the issue. The bug would enable a hacker to print assets on any chain via a fork of go-ethereum. Optimism patched the bug, and awarded...

Ethereum is the most used blockchain protocol as of December 2021. However, as the network is heavily congested, it faces difficulties such as high transactional costs and delayed operations. Meanwhile, alternative blockchain ecosystems continue to grow, making the competition stronger. At the...