Optimism plans to unify its Superchain with an interoperability layer

Optimism’s Superchain consists of 29 OP Stack chains today, soon to be unified through one interoperability layer

article-image

CryptoFX/Shutterstock and Adobe modified by Blockworks

share

Optimism announced on Monday a plan to create a native protocol layer solution that will solve the problem of liquidity fragmentation across its ecosystem of rollup chains, also referred to as the Superchain.

The layer-2 giant’s solution will unify its ecosystem through a “universal standard of interoperability.”

In a world where spinning up a rollup is as simple to do with a few clicks, issues of liquidity fragmentation and high-friction user experience remain as users require third-party bridges to jump from chain to chain.

The new Optimism multichain protocol layer will comprise four key components: A message passing protocol for cross-chain communication, a standardized SuperchainERC20 token standard for bridged assets, an interoperable chain set for all OP Stack rollup chains to read data from and lastly, a shared interop fault proof system which allows fault proofs between multiple chains.

Optimism’s native protocol layer will also leverage ERC-7683, a proposed standard by Uniswap and Across for cross-chain intents to facilitate interoperability on the dapp layer.

Read more from our opinion section: Interoperability isn’t just a buzzword

The rollout is planned over a three-stage roadmap. First, a devnet will be launched to gather feedback, followed by a testnet launch alongside the message passing protocol and SuperchainERC20 token standard.  Finally will come the mainnet launch.

The end goal is to create a unified experience not only between all Optimism chains but also across Ethereum, where users can enjoy the convenience of seamless cross-chain movements and the benefit of unified liquidity.

Optimism’s OP Stack has seen the highest traction between all other rollup development stacks, largely thanks to a crucial first-mover advantage that is key in an open-source network.

OP is an open-source and modular software development stack that builders use to deploy a customized rollup.

Optimism’s Superchain boasts 29 OP Stack chains — including Base, Blast and Zora — more than any other rollup development stack. Sam Altman-backed Worldcoin’s upcoming World Chain layer-2 is also slated to be launched using the OP Stack later this year.

All 29 chains account for 36.4% of all layer-2 transactions, as of August 2024, and control $16.57 billion of value in TVL, according to L2beat.


Start your day with top crypto insights from David Canellis and Katherine Ross. Subscribe to the Empire newsletter.

Explore the growing intersection between crypto, macroeconomics, policy and finance with Ben Strack, Casey Wagner and Felix Jauvin. Subscribe to the On the Margin newsletter.

The Lightspeed newsletter is all things Solana, in your inbox, every day. Subscribe to daily Solana news from Jack Kubinec and Jeff Albus.

Tags

Upcoming Events

Salt Lake City, UT

MON - TUES, OCT. 7 - 8, 2024

Blockworks and Bankless in collaboration with buidlbox are excited to announce the second installment of the Permissionless Hackathon – taking place October 7-8 in Salt Lake City, Utah. We’ve partnered with buidlbox to bring together the brightest minds in crypto for […]

Salt Lake City, UT

WED - FRI, OCTOBER 9 - 11, 2024

Permissionless is a conference for founders, application developers, and users. Come meet the next generation of people building and using crypto.

recent research

Blinks Report Image.png

Research

Blinks enable the ability to vampire attack user monetization of existing networks by inserting onchain and financialized functionalities directly within the popular social feeds and digital experiences of today.

article-image

Cypherpunk Holdings has rebranded to Sol Strategies in a pivot to a Solana-first investment approach

article-image

BitGo’s wrapped bitcoin (wBTC) has a new custodial challenger

article-image

Make no mistake: Tether makes a ton of money. But exactly how much depends a lot on the price of bitcoin.

article-image

A new report on stablecoin activity in emerging markets shows their immense popularity in Nigeria

article-image

Version 2.0 brings users closer to a “Coinbase experience”

article-image

Nic Carter of Castle Island Ventures believes we’re witnessing the first crypto dollarization event