Similar “proof” technology is used by all layer-2 rollup networks, including Optimism competitors like Arbitrum. It’s meant to ensure that a rollup’s users–be they NFT traders, retail investors, or big-name financial institutions–can trust Ethereum’s sprawling operator network, rather than the rollup’s own internal systems, to record their transactions and withdrawals accurately.
sekar nallalu Cryptocurrency,Ethereum,Layer 2,News,Optimism,Optimism foundation,rollup,Rollups,Technology Optimism Finally Gets Its Mission-Critical ‘Fault Proofs’