A16z Reveals Plan About Optimism-Based New Layer 2 Rollup Client
Key Points:
- A day after causing a Twitter frenzy by tweeting an orange dot, a16z Crypto has officially unveiled what all the commotion was about a new Layer 2 rollup client named Magi.
- The program is based on the OP Stack, a software stack designed to establish a blockchain dApp ecosystem centered on the Optimism Layer 2 network.
- The system, implemented in the Rust programming language, is intended to be a speedier alternative to op-node.
a16z Crypto recently revealed what all the commotion was about, a new Layer 2 rollup client named Magi, after spending a day generating anticipation with a series of cryptic tweets involving photos of an orange dot.
According to a blog post announcing the launch, the venture capital firm’s client software is being developed on the OP Stack, a software stack designed to establish a blockchain dApp ecosystem around the Optimism Layer 2 network.
According to a statement released by crypto engineer Noah Citron, Magi is still under development and months away from becoming a production-ready solution. Magi’s future ambitions include increasing latency, sync speed, and testing frameworks.
“This effort isn’t limited to Ethereum L1. Just as client diversity is important for Ethereum; it’s critically important for rollups. Multiple independent client implementations can help ensure the safety and liveliness of the network. They’re also a whole lot of fun to work on,” the blog said.
The system is designed in the Rust programming language and is intended to be a speedier alternative to op-node, OP Labs’ sole existing rollup client implemented in the Go programming language.
A client is a piece of software that enables users to engage with a blockchain network by authenticating transactions and keeping a local copy of the network. A blockchain network must have various clients or client diversity in order to avoid a single point of failure.
According to a16z, the adoption of a Rust-based system will attract more developers, resulting in more robust decentralization for Optimism.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Harold
Coincu News
Author
Blockchain
A16z Reveals Plan About Optimism-Based New Layer 2 Rollup Client
Key Points:
- A day after causing a Twitter frenzy by tweeting an orange dot, a16z Crypto has officially unveiled what all the commotion was about a new Layer 2 rollup client named Magi.
- The program is based on the OP Stack, a software stack designed to establish a blockchain dApp ecosystem centered on the Optimism Layer 2 network.
- The system, implemented in the Rust programming language, is intended to be a speedier alternative to op-node.
a16z Crypto recently revealed what all the commotion was about, a new Layer 2 rollup client named Magi, after spending a day generating anticipation with a series of cryptic tweets involving photos of an orange dot.
According to a blog post announcing the launch, the venture capital firm’s client software is being developed on the OP Stack, a software stack designed to establish a blockchain dApp ecosystem around the Optimism Layer 2 network.
According to a statement released by crypto engineer Noah Citron, Magi is still under development and months away from becoming a production-ready solution. Magi’s future ambitions include increasing latency, sync speed, and testing frameworks.
“This effort isn’t limited to Ethereum L1. Just as client diversity is important for Ethereum; it’s critically important for rollups. Multiple independent client implementations can help ensure the safety and liveliness of the network. They’re also a whole lot of fun to work on,” the blog said.
The system is designed in the Rust programming language and is intended to be a speedier alternative to op-node, OP Labs’ sole existing rollup client implemented in the Go programming language.
A client is a piece of software that enables users to engage with a blockchain network by authenticating transactions and keeping a local copy of the network. A blockchain network must have various clients or client diversity in order to avoid a single point of failure.
According to a16z, the adoption of a Rust-based system will attract more developers, resulting in more robust decentralization for Optimism.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Harold
Coincu News
Other Posts
Related Posts
Latest
Best New Meme Coins with 1000X Potential: BTFD Coin’s Hot BIG50 Discount As Baby Doge Coin, Dogs Takes Gaming to the Next Level
BlockDAG Surges Past $170M as BDAG250 Bonus End Countdown Begins – Aave Targets $400 & Solana Shines with Scalability
Qubetics Presale Price Surge Approaches: The Best Coins to Invest in Right Now While Toncoin, and XRP Gain Traction
Press Release
Best New Meme Coins with 1000X Potential: BTFD Coin’s Hot BIG50 Discount As Baby Doge Coin, Dogs Takes Gaming to the Next Level
BlockDAG Surges Past $170M as BDAG250 Bonus End Countdown Begins – Aave Targets $400 & Solana Shines with Scalability
