Optimism is a Layer 2 scaling solution designed to enhance the Ethereum blockchain's performance by improving transaction speed and reducing costs, all while retaining Ethereum's security features. Utilizing Optimistic Rollups, Optimism processes transactions off-chain and periodically submits a summary to the Ethereum mainnet.
This method decreases the workload on Ethereum's Layer 1 network, resulting in lower gas fees and faster transaction confirmations. Optimism's seamless integration with Ethereum allows developers to deploy decentralized applications (dApps) with minimal changes, fostering a more scalable and user-friendly ecosystem.
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