About Optimism
Optimism focuses on enhancing the Ethereum blockchain by providing OP Mainnet, a Layer 2 (L2) solution that increases transaction speed and reduces gas fees. OP Mainnet operates as a secondary framework on top of Ethereum, allowing developers to run their applications more efficiently and at a lower cost. The technology is compatible with existing Ethereum software, ensuring that applications can transition smoothly to this platform. Additionally, Optimism is working on the Superchain project, which aims to improve interoperability and composability among different blockchains using the OP Stack, creating a more integrated Ethereum ecosystem. The company also supports public good initiatives through its Retroactive Public Goods Funding program, which rewards developers who contribute positively to the community. Revenue is generated from transaction fees on OP Mainnet, which is then reinvested into the ecosystem to support further development.