Optimism Activates Fault-Proofs On Mainnet, OP Is Down 55% In 3 Months
Summary
Optimism, a layer-2 scaling platform for Ethereum, has activated an open-source fault-proof system, enhancing decentralization and security. This system allows trustless verification of offchain transactions and enables users to challenge fraudulent activities. The platform aims to gradually decentralize and plans to release a more advanced fault-proof system in the future. Ethereum co-founder Vitalik Buterin acknowledged this milestone. Meanwhile, despite the achievement, Optimism's token (OP) is under pressure in the market.
