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    Optimism announces ‘one-click’ upgrades for roll-up deployment

    Optimism announces ‘one-click’ upgrades for roll-up deployment

     

    Optimism published a blog post on September 18, discussing that Ethereum-native protocols are set to launch their own network by a single click by October 2021.

     

    The post highlighted that any kind of tooling that runs on Ethereum would be able to automatically run on Optimistic Ethereum.

     

     

    The Ethereum Foundation-backed team of Optimism is currently working on building a layer-two roll-up network, alongside announcing upgrades to its protocol that would further enable developers with just “one-click” deploy on its network.

     

     

    The blog post has also asserted that Optimism has overhauled its coding to extend beyond the Ethereum Virtual Machine (EVM) compatibility for achieving “EVM equivalence”, which would happen through shrinking the protocol down to its possibly minimum lightweight and efficient form.

     

     

    In order to implement the minimalist philosophy, Optimism’s custom compiler had been deleted other than “25,000 lines” of the other coding as part of the upgrades.

     

     

    The team says that it has currently achieved full EVM equivalence with the Geth Ethereum client and are now hoping to facilitate its compatibility with alternative node implementations like the OpenEthereum and Erigon within “1,000 lines of code.”

     

     

    The blog further mentioned that Optimism had made no changes to its present security model.

     

    The recent progress of Optimism has come at a time when capital is migrating from the Ethereum mainnet to EVM compatible chains. Also, layer-two scaling solutions are building for mitigating the high fees associated with transactions on Ethereum’s base layer.

     

    Dune Analytics data suggests that Optimism’s rival network Arbitrum at present boasts of the largest Ethereum bridge by total value locked (TVL) with about $2.62 billion despite its launch roughly three weeks ago.

     

    Arbitrum is further followed by the Polygon ERC-20 Bridge, having about $2.35 billion; the Avalanche Bridge with nearly $1.86 billion; and the Fantom Anyswap Bridge with $476 million.

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