Ethereum $3,701.1 Its network has long struggled with scalability issues, becoming slower and more costly as the number of users increases. In order to partially solve this problem, starting from 2019, the Ethereum community developed layer 2 solutions or rollups. Optimism stood out as one of the first solutions on the market.
The Growth of Optimism
Optimism’s technology was adopted by many major organizations in 2024, including Kraken, Uniswap, World Network, and Sony’s Blockchain Lab, to build their own layer-2 networks. The OP team was able to convince the crypto world’s largest institutions to join its ecosystem, and its success led to founding team leader Jing Wang being nominated for CoinDesk’s 2024 Most Influential List.
The Story of the Founding Team
Optimism’s founding team consists of experienced members of the Ethereum community and includes Jing Wang, Ben Jones, Karl Floersch, Mark Tyneway, Kelvin Fichter and Kevin Ho. Jing Wang’s start in the crypto world Bitcoin 
$97,963.4 However, his transition to Ethereum was with the encouragement of Vitalik Buterin.
Technological Development and OP Stack
Founded in 2019, the Optimism network became operational at the end of 2021. In 2022, the company was split into OP Labs BPC and Optimism Foundation. The framework, called OP Stack, allows developers to easily create their own layer-2 networks and aims to create an integrated blockchain network called Superchain.
“It is Jing Wang who has her finger on the pulse of Optimism’s collective lifeline,” said Ben Jones, executive director of the Optimism Foundation.
The success of OP Stack is explained by its user-friendly structure and the fact that developers can easily set up their own chains. Large companies like Kraken have built their own layer-2 networks using OP Stack, strengthening Optimism’s place within the ecosystem.
Optimism Foundation aims to grow its ecosystem with the OP tokens they provide to developers. These tokens are given in exchange for projects contributing to the ecosystem and contribute to the development of Superchain.
In conclusion, the Optimism team plays an important role in solving Ethereum’s scalability problem with the convenience and supporting strategies it offers. While the OP Stack and token supports provided to developers contribute to the expansion of the ecosystem, it is aimed to create a more integrated and efficient blockchain network in the future with the Superchain vision.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
