Ethereum (CRYPTO: ETH) creator Vitalik Buterin congratulated layer-2 protocol Op Mainnet (CRYPTO: OP) on its recent milestone, using the opportunity to flaunt the achievements of Ethereum's scaling solutions over the years.
What Happened: OP Labs, the company behind the development of Optimism protocol, announced a major technological upgrade, catapulting the project to "Stage 1" of decentralization.
With the introduction of permissionless fault proofs, withdrawals of Ether and ERC-20 token from the the Op Mainnet can be initiated without requiring the involvement of third parties.
Apart from Op Mainnet, scaling solutions like Arbitrum (CRYPTO: ARB) and dYdX V3 possess this capability.
Vitalik ...