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Optimism saves users $1B in fees, raises $150M in Series B

Layer 2 scaling solution Optimism, has secured $150M in funding which it will use to hire new developers and decrease fees on the Ethereum network.
Popular Ethereum scaling solution Optimism has announced a $150 million Series B funding round co-led by Andreessen Horowitz (a16z) and Paradigm at a total valuation of $1.65 billion. According to a blog post from Optimism, the Layer 2 (L2) solution has saved users of the Ethereum network over $1 billion in gas fees. The funding will be used to expand the Optimism team and go towards working on reducing network fees even further. Fees on the Optimism network were reduced by a cumulative 30% last year, and now the team is contributing work towards an Ethereum Improvement Proposal (EIP-4844) for Shard Blob Transactions, which may potentially reduce Ethereum network fees by up to 100x in the near future. Today on Ethereum #AllCoreDevs, our very own @protolambda presented EIP-4844:

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We współpracy z: https://cointelegraph.com/news/optimism-saves-users-1b-in-fees-raises-150m-in-series-b

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