Optimism (OP) – project overview, CHART + PRICE PREDICTION & ANALYSIS 2022!

 optimism coin is a project aimed at scaling the Ethereum blockchain. The company was formerly known as Plasma Group, a non-profit organization (2019). Then she was mainly engaged in research, and in 2020 she began practical actions. The solution is based on the Optimism Rollup technology, which allows scaling common smart contracts and providing instant transactions on the Ethereum network.
OP is an Optimism project governance token launched on June 1, 2022. Distributed by airdrop to 232,000 users on the waiting list. The launch was not very successful, the token dropped significantly in price after the launch.

The OP token was immediately added to the listing of many large crypto exchanges, such as  Binance ,  OKX ,  Bybit , Huobi , MEXC , KuCoin , Bitget . Also available on  Uniswap decentralized exchange . Liquid OP/ USDT trading pair   on Binanc.

Optimism (OP)

• Contents 
• 1 General information
• 2 Course Schedule
• 3 Purpose of the protocol. What is Optimism Rollup
• 4 Price prediction, analysis 2022
• 5 Protocol management
• 6 Where to buy, sell, store OP
• 7 Conclusion

1-general information

Name: optimism

Ticker:  OP

Year of launch: 2022

Token type: ERC-20

Blockchain: Ethereum

Contract address: 0x42000000000000000000000000000000000000042

Reviewer:https://optimistic.etherscan.io/

Maximum emission: 4 294 967 296 OP

Official site: https://www.optimism.io/

Blog: https://optimismpbc.medium.com/

Social networks:

https://twitter.com/optimismPBC

https://discord.com/invite/8Fy4XNYr

2- course schedule

OPUSDT Chart by TradingView

3-Purpose of the protocol. What is Optimism Rollup

Optimism is a comprehensive layer 2 scaling solution compatible with the EVM (Ethereum Virtual Machine). It uses rollup technology to speed up transactions and reduce gas costs.

The name Rollup (“rollup”) reflects the principle of operation of the solution - transactions are transferred to the main chain in “packages”. Aggregators (block producers) publish only the minimum necessary information and provide evidence only in case of fraud.

The process of interacting with the decision of the 2nd level looks something like this:

• The user sends a transaction related to off-chain smart contract deployment to the aggregator.
• He creates a new smart contract, deploying the received transaction locally.
• The aggregator calculates the new Merkle root (state root).
• The aggregator generates an Ethereum transaction that includes this new root.
• If the user notices that the aggregator is deploying an invalid state root (that is, one that includes invalid transactions), the user can challenge this action and force the aggregator to deploy the real root.
• Once the proof of fraud is complete, the network rolls back and resumes from the previous valid block.
• It is stated that as a result, any user using a decentralized application deployed on Optimism receives economic benefits: almost free instant transactions (200 ms)

4 Price prediction, analysis 2022

5-Protocol management

Optimism is jointly governed by the Optimism Collective and the Optimism Foundation. The main governing structure of the Optimism Collective consists of two equal parts: Token House and Citizens' House. They must maintain a balance of short-term incentives and long-term vision.

OP token holders will be able to vote on the distribution of project incentives, protocol upgrades, and more. Citizens' House will make it easier to manage the distribution of public goods. All this is still an experiment, the system will be improved and developed as Collective grows.

How OP is distributed:

19% - airdrops (of which 5% in the first and 14% in subsequent ones)

25% - proactive financing of a project, grant program, etc.

20% - retroactive financing of public goods.

19% - to the main participants.

17% - to investors.

6-here to buy, sell, store OP

Immediately after the airdrop, the token was added to the listing by such crypto exchanges as:

• Binance
• OKX
• Bybit
• Huobi
• KuCoin
• MEXC
• Gate.io
• Coinbase
• And also it is on the Uniswap decentralized exchange .

Any wallets supporting ERC-20 tokens are suitable for storage: Metamask , Trust Wallet , MathWallet , Token Pocket , etc.

7-Conclusion

Layer 2 solutions such as Optimism allow users to use applications with enhanced convenience, such as sending and receiving transactions faster and cheaper than on the Ethereum blockchain, but without compromising network security. The rollup solution is one of the most promising solutions in this area today, which significantly reduces the load on traffic in the blockchain network. As for the OP token and its not entirely successful airdrop - as they say, the first pancake is lumpy, most likely, the developers will really take into account the shortcomings in order to avoid them in the next distributions.