Layer 2 Network Optimism to Use Ethereum Attestation Service to Promote User Trust
Blockchain
Optimism, an Ethereum-based layer-2 blockchain, will use Ethereum Attestation Service (EAS), an on-chain attestation protocol, that may allow customers to evaluate the trustworthiness of the platform’s customers and vouch for whether or not one thing really occurred on the blockchain, as per a launch despatched to CoinDesk.
This might promote fairer OP token distribution and neighborhood voting techniques on Optimism.
Any Optimism person can use the know-how to attest to info that they imagine is correct, similar to whether or not an individual constructed, or contributed to, a specific challenge, whether or not a person makes worthwhile trades or not, and extra.
EAS’s launch goals to allow Optimism customers’ to permit them to confirm on-chain content material that would sway how the platform’s native OP tokens are distributed and the way customers work together with each other extra broadly.
“We’re attempting to be a base layer the place id platforms can exist, the place provide chain firms can attest to produce actions, and provenance, the place governments can attest to land registries and entities can vote,” EAS Co-founder and Chief Expertise Officer Steve Dakh advised CoinDesk.
The group mentioned the know-how will enable builders to create revolutionary id merchandise throughout Optimism, and different networks similar to Base, Polygon, and Ethereum.
Such a service may embody merchandise similar to an aggregated score system for DeFi customers’ reputations that would assign a person a status rating primarily based on different customers’ attestations of their interactions with that particular person.
The know-how may also assist the work of the Optimism Collective, an entity that rewards the ecosystem’s contributors with crypto, by offering the group with the knowledge it must distribute OP tokens to neighborhood members who’ve positively contributed to the blockchain, Zain Bacchus, senior product supervisor of ecosystem at OP Labs, advised CoinDesk.
It will incentivize builders to construct crucial infrastructure on Optimism and pursue different tasks that enhance customers’ experiences throughout the ecosystem.
“Folks within the Optimism Collective have been type of attempting to determine, ‘hey, how can we really establish one particular person — and never identical to any particular person, however like a optimistic contributor to the house — to provide these tokens to’ and that is once we began experimenting with attestations,” Bacchus mentioned.
Utilizing EAS, customers may also put up a publicly accessible, on-chain document of how the collective distributes tokens. This might enable on-chain analysts to extra simply perceive who’s receiving OP tokens and for what function, selling transparency throughout all the ecosystem.
Learn Extra: A16z Says It is Engaged on an Optimism-Primarily based Rollup Consumer Known as Magi
