Optimism will restore the deposit function on Bitbank

According to the official statement, on May 12, operations for depositing and withdrawing funds on the main Optimism network were restored after a temporary suspension. The return to normal mode allows transactions on the blockchain to be conducted without restrictions.

Information about OP

Optimism is a Layer 2 solution (Layer 2, L2), designed to enhance the speed and scalability of the Ethereum network. The project was created to improve the performance and transaction speed of Ethereum while simultaneously reducing the cost of fees. Optimism utilizes optimistic rollup technology.

Optimistic rollups are a second-layer technology that operates on the Ethereum mainnet and significantly increases its throughput. These rollups allow multiple transactions to be bundled into a single block, which is then confirmed on the Ethereum mainnet. This approach greatly accelerates transaction processing and reduces costs, as a larger number of transactions can be processed simultaneously.

The Optimism system is compatible with standard Ethereum development tools, such as Solidity and Ethereum Virtual Machine (EVM), allowing developers to easily port applications to this platform.

OP is the native governance token. The token can be used to participate in the governance of projects within the Optimism Collective community and to vote on protocol upgrades and the allocation of fund resources.