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What is Optimism?
Ethereum's new scalability framework guarantees swift transactions and effective smart contract execution. Optimism functions as a Public Benefit Corporation (PBC), which is designed to generate profits while also delivering societal benefits through responsible and sustainable methodologies. This organizational model requires us to balance our shareholders' financial interests with the well-being of those affected by our decisions, adhering to a defined "public benefit charter." The primary goal of the Company is to enhance and protect fair access to public goods on the internet by developing open-source software. This charter reflects our dedication to the Ethereum community, as we work to uphold its core values by building infrastructure that supports the growth and sustainability of a public goods ecosystem. By doing so, we not only seek to advance technological progress but also to promote an inclusive atmosphere where all users can thrive. Ultimately, our efforts aim to bridge the gap between innovation and accessibility, ensuring that the benefits of technology are shared widely.
What is Arbitrum?
The latest advancements in layer 2 solutions for Ethereum dApps empower developers to leverage their preferred tools while effectively reducing the expenses associated with scaling their applications. Within this framework, an aggregator functions similarly to a node on Ethereum, allowing client software to execute remote procedure calls (RPCs) through a standardized API to interact with an Arbitrum chain. This aggregator plays a crucial role by transmitting these calls to the EthBridge and returning the results of transactions to the client, reflecting the behavior of a conventional Ethereum node. Although it's common for clients to route their transactions through an aggregator when engaging with an Arbitrum chain, this is not strictly necessary. The architecture permits an unlimited number of aggregators to be created, and there are no restrictions on who can act as an aggregator. To optimize processing efficiency, aggregators often merge several client transactions into a single submission to the Arbitrum chain. Moreover, the Arbitrum ecosystem includes a specialized Sequencer capable of organizing transactions, which leads to rapid transaction confirmations with minimal latency. This groundbreaking arrangement not only enhances overall throughput but also cultivates an adaptable environment where developers can explore and innovate without the constraints of high costs, ultimately promoting greater experimentation within the blockchain space. By providing such flexibility, layer 2 solutions are poised to significantly transform the landscape of decentralized applications.
Integrations Supported
Aboard Exchange
ApeX Pro
CYBAVO
CipherBC
Crypto Backoffice
DackieSwap
Ethereum
Exponential DeFi
Gemini Wallet
OMNIA
Integrations Supported
Aboard Exchange
ApeX Pro
CYBAVO
CipherBC
Crypto Backoffice
DackieSwap
Ethereum
Exponential DeFi
Gemini Wallet
OMNIA
API Availability
Has API
API Availability
Has API
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Company Facts
Organization Name
Optimism PBC
Date Founded
2019
Company Location
United States
Company Website
optimism.io
Company Facts
Organization Name
Offchain Labs
Date Founded
2018
Company Location
United States
Company Website
arbitrum.io