Optimism OP - BEST Ethereum Layer 2 | CRYPTO PORTFOLIO 2023 | Optimism Price Prediction 00:00 Introduction 01:48 Optimism Price 02:18 What is Optimism? 03:54 What benefits does Optimism bring to Ethereum? 04:54 Conclusion 06:09 Optimism Price Prediction 06:42 My thoughts We have been holding Optimism since it launched but we are still adding more OP tokens to our portfolio Ethereum is the blockchain where the lion's share of dApp activity takes place – but struggling in terms of affordability, scalability, and even accessibility. Layer one alternatives like Solana also proved to be insufficiently effective in handling the massive load of user requests. With Optimism or what is called Optimistic Ethereum, you are using a layer 2 chain that is running on top of the Ethereum mainnet (layer 1). Optimism offers a platform for the execution of transactions, but the data about transactions are posted to the mainnet, which validates them. There is comfort and safety that you get from driving on a highway while also driving on a less crowded side street. What is Optimism? Ethereum can experience problems when it comes to handling a large number of transactions, which makes the execution of a transaction long and costly. Optimism works as an additional protocol on top of Ethereum's blockchain. It is therefore a second layer which runs on top of the layer 1 blockchain (Ethereum). It is possible to support all dApps implemented on Ethereum using Optimism. This is achieved by performing the computation off-chain, thereby increasing speed and reducing the cost of the computation. In any case, the Ethereum blockchain is still used for recording information about transactions. Optimism has been able to record a significant increase in transaction speeds for exchanges that use it. It has also been noted that transaction fees have decreased significantly over 100 times over. As a result of these benefits, Ethereum’s properties have not been compromised in any way. This makes it an extremely secure and decentralized solution. Transactions executed over Optimism are approved immediately. This happens without a transaction being checked beforehand. In this way, users can have transactions processed at lightning speed. What benefits does Optimism bring to Ethereum? Optimism has a lot of benefits, like equivalence with the EVMs, data security, speed, and cost savings. There are a few chains out there that are as closely EVM compatible as Optimistic, but it goes a step beyond that and aspires to be EVM equivalent. Optimistic Virtual Machine (OVM) was created as an EVM compatible Virtual Machine to assist Ethereum developers in supporting any Ethereum application on any Ethereum network. As opposed to sidechains such as Ronin, which have their own internal security because they operate independently, rollups such as Optimism leverage the Ethereum mainnet to provide their security. The Optimism blockchain is used to process transactions, but the data associated with the transactions are stored and written to Ethereum. -------------------------------------------------------------------------------------------------------------------- CRYPTO NEVER SLEEPS aka Bitcoin Channel.Live delivers the news, from the Traditional Markets and Convert them into Crypto News.. From Traditional to Digital, we take Mainstream News and convert them into Crypto News Subscribe to our channel: https://www.youtube.com/c/CryptoNeverSleeps Subscribe to CRYPTO NEVER SLEEPS : On Telegram : Channel - https://t.me/CNSOfficial Chat - https://t.me/CNSCommunity On Instagram - https://www.instagram.com/crypto_never_sleeps/ Our Twitter - https://twitter.com/CNSOfficial__ In Facebook - https://www.facebook.com/BitcoinChannel.LIVE On Reddit - https://www.reddit.com/r/BitcoinChannelLIVE/ On TIKTOK - https://www.tiktok.com/@cnsofficial_ *** THIS IS NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OUR OPINION! I OR ANY OF THE CRYPTO NEVER SLEEPS TEAM MEMBERS ARE FINANCIAL EXPERTS! WE DO NOT GUARANTEE A PARTICULAR OUTCOME, FURTHERMORE WE HAVE NO INSIDE KNOWLEDGE! WE STRONGLY ADVICE THAT YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST OUR POINT OF VIEW! THE CRYPTO NEVER SLEEPS CHANNEL IS ONLY TRYING TO EXPLAIN HOW TRADITIONAL NEWS HAS AN IMPACT ON CRYPTO NEWS. This is NOT an offer to buy or sell securities. Investing and trading in cryptocurrencies is very risky, very volatile... PLEASE DON'T USE MARGIN OR LEVERAGE!!!! This information is what was found publicly on the internet. All information is meant for public awareness and is public. #optimism #OP #altcoins #altcoinstobuy #cryptocurrency #crypto #cryptoportfolio #defi #Eethereum

Ethereum Price Prediction After The Merge Update - Impact on Crypto Market - Ethereum News 2022 Sept. 19 2022 has been set as the preliminary date for "The Merge" on Ethereum "The Merge" is a transition from a proof-of-work consensus mechanism to proof-of-stake, which means the flow of revenue for confirming blockchain transactions will go from miners performing calculations to stakers, who simply "stake" their Ethereum. There have been multiple tests and years of development going into this change, and the hope is that transactions per second will increase and the cost of transactions will decline after The Merge. At least right now, we have a target date in mind. In this video we're gonna give you the latest ethereum update just another reason why ethereum is the future of finance! Furthermore we willl also look at some price predictions for ethereum. it is with great conviction and hard work that i try to provide you top quality projects , I told you long time ago that the future of finance would be build on ethereum in fact my video from nov 2020 https://odysee.com/@BitcoinChannelLIVE:8/ethereum-the-future-of-finance:4 I explained the future of ethereum…. so please hit the like subscribe to the channel join my live stream so that you can become among the 1%... my name The live Ethereum price today is $1,330.89 USD The current CoinMarketCap ranking is #2, with a live market cap of $162,464,221,970 USD. All Time High 72.18%Nov 16, 2021 (8 months ago) The cause of the big rise seems to be big buyers, also known as whales, increasing their positions in Ethereum. Blockchain analytics firm IntoTheBlock reported on Friday that the biggest 1% of Ethereum holders have increased their positions after If "The Merge" is completed this fall and lowers costs and increases transaction speed on Ethereum, it would be bullish for the crypto industry overall. Ethereum has the most developers and many cryptocurrencies are simply tokens on Ethereum, so a faster base blockchain would be good for everyone. That said, I think today's move is mostly noise for crypto investors long term. A move that happens that fast can fade quickly, What I'll be watching over the next few months is the changing regulatory environment and continued liquidations by crypto lenders. Regulatory certainty could actually help the industry long term, and if there's an end to the bankruptcies and liquidation of lenders it could be good news for crypto markets overall. I continue to be bullish on cryptocurrencies and their disruptive potential in technology. The blockchain is a unique ledger for data and developers who can leverage that capability could open new opportunities for innovators. This innovation will help cryptocurrencies, but it'll be a bumpy ride along the way. CRYPTO NEVER SLEEPS aka Bitcoin Channel.Live delivers the news, from the Traditional Markets and Convert them into Crypto News.. From Traditional to Digital, we take Mainstream News and convert them into Crypto News Subscribe to our channel: https://www.youtube.com/c/CryptoNeverSleeps Visit Our Website: https://crypto-never-sleeps.com/ Our March Shop: https://cryptoneversleeps.myspreadshop.net/ Subscribe to CRYPTO NEVER SLEEPS : On Telegram : Channel – https://t.me/CNSOfficial Chat – https://t.me/CNSCommunity On Instagram – https://www.instagram.com/crypto_never_sleeps/ On Twitter – https://twitter.com/CNSOfficial__ In Facebook – https://www.facebook.com/BitcoinChannel.LIVE On Reddit – https://www.reddit.com/r/BitcoinChannelLIVE/ On TIKTOK – https://www.tiktok.com/@cnsofficial_ *** THIS IS NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OUR OPINION! I OR ANY OF THE CRYPTO NEVER SLEEPS TEAM MEMBERS ARE FINANCIAL EXPERTS! WE DO NOT GUARANTEE A PARTICULAR OUTCOME, FURTHERMORE WE HAVE NO INSIDE KNOWLEDGE! WE STRONGLY ADVICE THAT YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST OUR POINT OF VIEW! THE CRYPTO NEVER SLEEPS CHANNEL IS ONLY TRYING TO EXPLAIN HOW TRADITIONAL NEWS HAS AN IMPACT ON CRYPTO NEWS. This is NOT an offer to buy or sell securities. Investing and trading in cryptocurrencies is very risky, very volatile… PLEASE DON’T USE MARGIN OR LEVERAGE!!!! This information is what was found publicly on the internet. All information is meant for public awareness and is public. #ethereum #eth #blockchain