gm gm,
Things are a little quiet it seems - is it just G18 fatigue? Even with G18 ending, it’s been quite a week with Grayscale winning the lawsuit against the SEC, and demand for Worldcoin still on the rise…
Following up from last week’s deep dive, this week’s deep dive is on Optimism. Here’s what you’ll find in the piece:
What makes a rollup Optimistic?
OP Mainnet
OP Collective & Token
Coming up next week, the Future of Optimism and the OP Stack.
WAGMI.
What’s Inside
📣 Latest News
📚 What We’re Thinking About
🚀 Opportunities
📡 On Our Radar
🌊 Being Optimistic
We left off last time mentioning Optimism, but didn’t really go too deep into it. There is quite a bit of history around how Optimism got started, but better than ME telling you… why not let Jing Wang, CEO of Optimism, tell you the story herself?
What makes a rollup Optimistic?
There are currently two competing types of Rollups, remember those exit ramps and separate towns, which are differentiated by “monitoring” technology that is used to prove that all the transactions happening on its chain are legit and not fraudulent. Those are zero knowledge rollups (don’t worry too much about this for now), and optimistic rollups. This is the primary technology that Optimism utilizes. Optimistic rollups are considered “optimistic” because they assume off-chain transactions are valid and don’t publish proofs of validity for transaction batches posted on-chain.
Read on to learn all about Optimism…
📣 Latest News
Circle joins forces with Mercado Pago to bring USDC to Chile
Demand for World ID leads to single day sign-up record in Argentina
Web3.js releases a plugin for simplifying gas fee calculations in the Optimism ecosystem
Gitcoin passport holders can now move their passports Onchain
📚 What We’re Thinking About
🗣 Africa’s crypto revolution: Leapfrogging into the future, a dialogue around crypto adoption in Africa and a network state project called Afropolitan, which aims to build an Afro-centric digital nation. (Bankless)
👁 How will Web3 transform donor engagement? (CryptoAltriusm)
📔 Learn about how The American Foundation for Suicide Prevention was able to fundraise $400,000 in cryptocurrency donations with The Giving Block. (The Giving Block)
📃 Why data matters for high-integrity carbon markets: The quality and accessibility of carbon credit data needs to become better. This increases trust and drives effective climate action in the VCM. (Toucan Protocol)
🌐 Money is like a fungus: A scrollable story about reimagining our relationship with money and earth, inspired from GreenPill podcast. (Forkinwisdom)
🌲 ReFi DAO Season 3 trailer - In this season, they will explore groundbreaking ideas, connect with visionary leaders, and share insights that shape the future. (ReFi DAO).
📃 A thread on Polygon Ecosystem's commitment to Ethereum. (Polygon Labs)
🗺 How blockchain tech and dMRV can help carbon trading markets: Combining blockchain with digital monitoring, reporting and verification protocols may not only improve VCMs but even rescue them. (CoinTelegraph)
🔊 Topl Spotlight #17: Advancing Collaborative Finance & Memes Harnessing With Crypto Commons Association’s Giulio Quarta. (Topl)
🪙 What you need to know: Native USDC on OP Mainnet. (Circle)
🌐 How Yoni Assis created EToro. (CoinTelegraph)
💛 It’s time to shift the paradigm - Let’s honor the women in Web3 (Apple tree)
🚀 Opportunities & Events
Attend: The next iteration of Funding the Commons is in Berlin on September 8.
Apply: The European Blockchain Conference is on the hunt for Europe’s 50 blockchain startups. (https://eblockchainconvention.com/ebc-startup-battle/)
Apply: Curve Labs is hiring a Web3 Project Manager
Apply: RedStone is hiring a Technical Content and Twitter Specialist.
Register: Permissionless II Hackathon in Texas, September 9-10.
📡 On Our Radar
Mesoamerican Reef DAO is a Regenerative Coral Reef Science initiative that focuses on the creation of a DAO of DeSci that seeks to scale coral reef conservation efforts in the Mesoamerican Reef (MAR).
M3tering protocol is a token incentivized protocol with the objective of driving capital investment in solar energy projects to electrify underserved regions, especially in Latin America and sub-Saharan Africa, by incentivizing individuals and institutions to become electricity providers through on-site rooftop solar installations PPAs.