In a strategic move to address the persistent challenges of high gas fees and limited scalability on the Ethereum network, Micro3 is thrilled to announce the official integration with Optimism, a Layer 2 scaling solution for Ethereum.

Key Features of the Optimism Integration:

• Enhanced Scalability:

  • Optimism serves as a Layer 2 scaling solution, providing Micro3 users with a gateway to multiple DApps developed on the Rollup chain. This integration promises significantly lower gas fees compared to traditional Ethereum transactions.

• Transaction Finality:

  • Users benefit from immediate transaction finality, gaining real-time insights into the status of their transactions through a blockchain explorer. This ensures a seamless and efficient user experience.

• Cost-Efficient Transactions:

  • Optimism consistently offers transaction fees typically between 1% and 10% lower than those on Layer 1 (L1). This cost efficiency aligns with the core objective of deploying Rollup on the Ethereum blockchain, mitigating high transaction fees for a broader user base.

• Cross-Chain Bridge Support:

  • Micro3 goes a step further by supporting the cross-chain bridge between Ethereum and Optimism. Users can effortlessly transfer their assets from Layer 1 to Layer 2 directly within the Mobile App, enjoying the advantages of low gas fees and a scalable environment on Optimism.

Technical Momentum and User Benefits:

• Transaction Volume on Optimism:

  • Optimism has witnessed a staggering 2.2 million transactions with users saving over $100 million in gas fees. This surge underscores the growing preference for Layer 2 solutions, particularly Optimism, as users transition from Layer 1.

Join us as Micro3 continues to lead the way in providing innovative solutions, enhancing user experiences, and contributing to the broader adoption of Layer 2 technologies within the crypto ecosystem.

About Optimism

Optimism is an EVM-compatible Optimistic Rollup chain designed to be fast, simple, and secure. Optimism pledges to uphold the values of Ethereum by producing infrastructure that promotes the growth and sustainability of public goods.

The Optimistic network is expected to solve two main problems of the existing Ethereum network: near-instant transaction finality and much lower transaction fees.

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