Lattice announces Redstone, an “alternative data availability” network for Optimism, currently in testing phase
The Optimism blockchain ecosystem is gaining its own "alternative data availability" or "alt-DA" network Redstone, supported by the development team Lattice. Redstone is currently in the testing phase and aims to provide cost-effectiveness for on-chain games and DApps. Redstone will "operate like traditional optimistic rollups, except that instead of publishing input states to L1, it publishes data commitment hashes. The input states corresponding to the input commitments are stored off-chain by data availability providers." The Lattice team plans to join the Optimism ecosystem and contribute as core developers to the OP Stack. (CoinDesk) Earlier in August, DeFi oracle RedStone announced its support for the Optimism blockchain and its ecosystem. RedStone will provide oracle services for DeFi protocols in the Optimism ecosystem, supporting DApp development with models and customized functions, providing convenience for builders.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Investors Pivot to Bitcoin and Major Altcoins as Memecoin Hype Fades
![](https://img.bgstatic.com/multiLang/image/social/d4ccfdc4368bea1a671b9d12f17a23931739291597694.webp)
Bank of England boss says stablecoins require 'high bar' regulations, still exploring a UK CBDC
Bank of England Governor Andrew Bailey said that bitcoin and stablecoins will require different approaches to regulation.The central bank chief also confirmed it was still looking into a CBDC in collaboration with the UK government.
![](https://img.bgstatic.com/multiLang/image/social/acd286985db88dc08e54c0a0017a25201739291033406.jpg)
Sol Strategies tapped as staking provider for 3iQ’s proposed Solana Staking ETF in Canada
3iQ submitted on Jan. 28 the preliminary prospectuses with the Ontario Securities Commission and other Canadian regulators to list the 3iQ Solana Staking ETF.As of Jan. 31, Sol Strategies and its subsidiaries held an aggregate of 189,968 SOL, worth about $38 million at press time.
![](https://img.bgstatic.com/multiLang/image/social/5d411af22b131c7ece917db666b6abcd1739291033100.jpg)
LAYERUSDT now launched for futures trading and trading bots
Trending news
MoreCrypto prices
More![Bitcoin](https://img.bgstatic.com/multiLang/coinPriceLogo/bitcoin.png)
![Ethereum](https://img.bgstatic.com/multiLang/coinPriceLogo/ethereum.png)
![Tether USDt](https://img.bgstatic.com/multiLang/coinPriceLogo/0208496be4e524857e33ae425e12d4751710262904978.png)
![XRP](https://img.bgstatic.com/multiLang/coinPriceLogo/ripple.png)
![Solana](https://img.bgstatic.com/multiLang/coinPriceLogo/solana.png)
![BNB](https://img.bgstatic.com/multiLang/coinPriceLogo/binance.png)
![USDC](https://img.bgstatic.com/multiLang/coinPriceLogo/usdc.png)
![Dogecoin](https://img.bgstatic.com/multiLang/coinPriceLogo/dogecoin.png)
![Cardano](https://img.bgstatic.com/multiLang/coinPriceLogo/cardano.png)
![TRON](https://img.bgstatic.com/multiLang/coinPriceLogo/tron.png)