Optimism plans to unify its Superchain with an interoperability layer
Optimism’s Superchain consists of 29 OP Stack chains today, soon to be unified through one interoperability layer
Optimism announced on Monday a plan to create a native protocol layer solution that will solve the problem of liquidity fragmentation across its ecosystem of rollup chains, also referred to as the Superchain.
The layer-2 giant’s solution will unify its ecosystem through a “universal standard of interoperability.”
In a world where spinning up a rollup is as simple to do with a few clicks, issues of liquidity fragmentation and high-friction user experience remain as users require third-party bridges to jump from chain to chain.
The new Optimism multichain protocol layer will comprise four key components: A message passing protocol for cross-chain communication, a standardized SuperchainERC20 token standard for bridged assets, an interoperable chain set for all OP Stack rollup chains to read data from and lastly, a shared interop fault proof system which allows fault proofs between multiple chains.
Newsletter
Subscribe to Blockworks Daily
Optimism ’s native protocol layer will also leverage ERC-7683 , a proposed standard by Uniswap and Across for cross-chain intents to facilitate interoperability on the dapp layer.
Read more from our opinion section: Interoperability isn’t just a buzzword
The rollout is planned over a three-stage roadmap. First, a devnet will be launched to gather feedback, followed by a testnet launch alongside the message passing protocol and SuperchainERC20 token standard. Finally will come the mainnet launch.
The end goal is to create a unified experience not only between all Optimism chains but also across Ethereum, where users can enjoy the convenience of seamless cross-chain movements and the benefit of unified liquidity.
Optimism’s OP Stack has seen the highest traction between all other rollup development stacks, largely thanks to a crucial first-mover advantage that is key in an open-source network.
OP is an open-source and modular software development stack that builders use to deploy a customized rollup.
Optimism’s Superchain boasts 29 OP Stack chains — including Base, Blast and Zora — more than any other rollup development stack. Sam Altman-backed Worldcoin’s upcoming World Chain layer-2 is also slated to be launched using the OP Stack later this year.
All 29 chains account for 36.4% of all layer-2 transactions, as of August 2024, and control $16.57 billion of value in TVL, according to L2beat .
Start your day with top crypto insights from David Canellis and Katherine Ross. Subscribe to the Empire newsletter .
Explore the growing intersection between crypto, macroeconomics, policy and finance with Ben Strack, Casey Wagner and Felix Jauvin. Subscribe to the On the Margin newsletter .
The Lightspeed newsletter is all things Solana, in your inbox, every day. Subscribe to daily Solana news from Jack Kubinec and Jeff Albus.
- Interoperability
- optimism
- rollups
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
How Much Did Famous Names’ Predictions for Bitcoin Price in 2024 Do? Here is a Compilation of Predictions
What did cryptocurrency analysts predict for Bitcoin price in 2024, and how accurate were their predictions?
How Will January Go in Cryptocurrencies? How is the Market Sentiment?
Cryptocurrency analysis company Greekslive examined market sentiment for Bitcoin and altcoins in its latest analysis.
Dogecoin Whales Accumulate $89M as Market Eyes Holiday Rally
When Could Dogecoin Reach $4? Market Expert Weighs In