![]() We will discuss each component in more detail below. The smart contracts in the Optimism protocol can be separated into a few key components. UIs and wallets), should be able to interact with L2 contract with little more than an updated RPC endpoint. Optimism is meant to look, feel and behave like Ethereum but cheaper and faster.įor developers building on our Optimism, we aim to make the transition as seamless as possible.Įxisting Solidity smart contracts can run on L2 exactly how they run on L1. This document is intended for anyone looking for a deeper understanding of how the protocol works We aim to make transacting on Ethereum affordable and The Optimistic network is expected to solve two main problems of the existing Ethereum network: near-instant transaction finality and much lower transaction fees.Optimism is a Layer 2 scaling protocol for Ethereum applications. Optimism pledges to uphold the values of Ethereum by producing infrastructure that promotes the growth and sustainability of public goods. Optimism is an EVM-compatible Optimistic Rollup chain designed to be fast, simple, and secure. Join our communities: Telegram | Facebook | Discord About Optimism It supports the most popular chains, including BTC, ETH, TOMO, Tron, Binance Smart Chain, Solana, Polkadot, Kusama, HECO Chain, Near, Avalanche X-Chain & C-Chain, Binance Chain, Celo, BandChain, Kava, Terra, Cosmos, ThorChain, Fantom, Polygon, Persistence, XDai, Kardiachain, Ronin, GateChain, OKExChain, Klaytn, Boba Network, Optimism, Arbitrum.Ĭoin98 Wallet has both the Mobile App and the Extension version that act as a gateway, connecting users to the DeFi world.įollow us: Twitter | Website | Docs | Blog About Coin98 WalletĬoin98 Wallet is a non-custodial NFT wallet used to store, manage, trade, and swap multi-chain, multi-source digital assets. Users can follow this step-by-step guide for further instructions on sending and receiving ETH (Boba Network) on the Coin98 Mobile Wallet.īesides, users can also experience the native cross-chain bridge to convert assets from Ethereum to Arbitrium, walk through how to use Arbitrum cross-chain bridge here. You can also click Manage to check your wallets. Your Optimism Wallet will instantly display on the home screen. If you are already a Coin98 Wallet user, you should refresh your multi-chain wallets to get updated with Optimism wallet, as well as other integrated blockchains on the latest version automatically. We recommend you create a Multi-Chain wallet on Coin98 Wallet to easily manage and get access to all single blockchain wallets with only one single Passphrase. How to create an Optimism Wallet on Coin98 Walletīefore we begin, you need to install or update our Mobile App to the latest version: In addition, Coin98 Wallet also supports the cross-chain bridge between Ethereum and Optimism, which means that users can now easily transfer their assets from Layer 1 to Layer2 natively on the Mobile App and enjoy the low gas fee & scalable environment of Optimism. This is one of the primary purposes of building Rollup on Ethereum blockchain, where transaction fees are too high for the majority. Transaction fees: Optimism offers typically between 1% and 10% lower transaction fees than those on L1.Transaction finality: You know almost immediately if your transaction took place or not using a blockchain explorer.Coin98 Wallet wants to bring users a simple gateway to ride this massive wave at its very early stage.Ĭoin98 Wallet users’ experience shall be enhanced with Optimism in terms of: Technically, there have been 2.2 million transactions executed on Optimism with $100+ million saved in gas fee, which depicts the momentum shift of users changing from L1 to L2 solutions, especially Optimism. We expect this integration to bring Coin98 Wallet users closer to multiple DApps developed on the Rollup chain, enjoying amazingly low gas fees compared to the Ethereum. In our latest attempt to mitigate the high gas fees and limited scalability of Ethereum, Coin98 Wallet is delighted to announce the official integration with Optimism, a Layer 2 scaling solution for Ethereum.
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