Sunday, December 3, 2023

Optimism Says Ether $ETH Now Handled as Native Cryptocurrency Alongside $OP Token



“With Bedrock, we’ve added a brand new methodology of creating deposits through the brand new Optimism Portal contract. This strategy treats ETH as a local token, in order that an L1 to L2 transaction can have each ETH and information related to it,” mentioned Maurelian. “To attain this, we would have liked to decouple the storage of ETH from the remainder of the ERC-20 tokens in our bridge, and transfer it into the Optimism Portal.”

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