A16z’s hyped-up orange balls revealed to be an L2 rollup client

A16z revealed what its cryptic orange ball tweets meant and it's not a layer-2 as many had guessed.

The OP Stack refers to the set of software that powers the Ethereum layer-2 solution Optimism. Among the other benefits it provides, it helps simplify the process of creating layer-2 blockchains.

Citron explained Magi “takes the place of a consensus client in the OP Stack, and works alongside an execution client such as op-geth to sync,” meaning that it allows the Ethereum chain to advance by feeding new blocks to the execution client., Jesse Pollak, also chimed in on the announcement tweeting that “magi means more decentralization, security, and scale for the OP Stack.”

Vi har oppsummert denne nyheten slik at du kan lese den raskt. Er du interessert i nyhetene kan du lese hele teksten her. Les mer:

Cointelegraph /  🏆 562. in US

Norge Siste Nytt, Norge Overskrifter

Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.

A16z Crypto teases Twitter with mysterious orange ballVC Andreessen Horowitz's crypto team is up to something. Maybe. It's not quite clear right now as all we have to go on is tweets.
Les mer »

A16z Says It's Working on an Optimism-Based Rollup Called MagiVenture capital firm a16z is developing an Optimism-based rollup called Magi, the second rollup for the network and the first based on the Rust programming language. BrandyBetz reports
Les mer »

A16z Crypto teases Twitter with mysterious orange ballVC Andreessen Horowitz's crypto team is up to something. Maybe. It's not quite clear right now as all we have to go on is tweets.
Les mer »