Synthetix, a decentralized finance protocol, has teamed up with Ethereum Layer-2 research group Optimism to launch a demo of their Optimistic Rollup technology. This demonstration, based on the Optimistic Virtual Machine (OVM), highlights significant improvements in performance metrics. The new architecture reduces oracle update latency by 37.5 times and transaction latency by 75 times, showcasing the potential for enhanced efficiency in decentralized finance operations.
Synthetix and Optimism Unveil Optimistic Rollup Demo
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