Key Points:
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.
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New York, New York, 14th June 2024, Chainwire
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