Optimism is managed by the Optimism Foundation, a nonprofit organization committed to the expansion of the Optimism ecosystem. Like Ethereum, Optimism aspires to be a fully decentralized public asset that is not focused on profit generation. The initiative is entirely supported by donations and grants, with a commitment to developing infrastructure that fosters the growth and sustainability of public goods.

Optimism is structured around four fundamental principles: - Simplicity - Pragmatism - Sustainability - Optimism Optimism seeks to minimize complexity when developing a layer-two solution for Ethereum. This approach involves utilizing proven Ethereum code and infrastructure wherever feasible. The objective is to maintain simplicity in its code while integrating directly with existing codebases. The ecosystem places significant emphasis on pragmatism, aligning its development with the practical needs and constraints of both its team and its users. Consequently, Optimism focuses on building iteratively and gradually implementing features like EVM equivalence. The design philosophy of Optimism prioritizes long-term sustainability, consciously avoiding shortcuts in scalability. It employs optimistic rollups and leverages Ethereum's consensus mechanism for network scaling. In this system, blocks are created and executed on the L2 (Optimism), while user transactions are batched and submitted to the L1 (Ethereum). The L2 does not have a mempool, ensuring that transactions are immediately accepted or declined. This approach guarantees a seamless user experience while maintaining security through Ethereum's consensus mechanism. Transactions are submitted to Ethereum without direct proof of validity and are subject to a challenge period (currently seven days), after which a transaction is deemed final. Consequently, withdrawals from Optimism to Ethereum require seven days to process.

Optimism aims to establish an ecosystem where value is generated for its three key constituencies: * Token holders benefit from the effective reallocation of sequencer revenue. * Contributors and builders gain value from retroactive funding for public goods. * Users and community members receive benefits from ongoing airdrops and project incentives. In essence, the demand for OP block space generates revenue, which is allocated to public goods, thereby fueling further demand for block space. Consequently, the allocation of Optimism's tokens is structured as follows: * Ecosystem fund (25%): divided into the governance fund (5.4%), the partner fund (5.4%), the seed fund (5.4%), and unallocated (8.8%). * Retroactive Public Goods Funding (20%) * User airdrops (19%): consisting of an initial airdrop of 5% with further airdrops to be announced. * Core contributors (19%): individuals instrumental in bringing the Optimism Collective from concept to reality. * Investors (17%) The initial token supply comprises 4,294,967,296 OP tokens, with an annual inflation rate of 2%. In the first year, 30% of the initial token supply will be made available to the Foundation for distribution. Subsequently, token holders will vote to decide the Foundation's annual OP distribution budget. The Foundation anticipates the following annual allocations: * Year 2: 15% of the initial token supply * Year 3: 10% of the initial token supply * Year 4: 4% of the initial token supply

Optimism employs the use of optimistic rollups, a mechanism that can securely record transactions on a second-layer blockchain. These rollups periodically transmit merkle roots of transactions to the first-layer blockchain. External validators are responsible for verifying these merkle roots, resulting in a typical withdrawal delay of one week for funds from layer-twos operating on optimistic rollups. For more detailed information, you can find data about Optimism on Eulerpool.

Optimism (OP) can be accessed on Binance, Huobi, KuCoin, Gate.io, Bybit, and Coinbase. For more information, you can visit Eulerpool.