##OP
What is Optimism?
Optimism is a Layer 2 scaling solution for Ethereum that can support all Ethereum Dapps. Instead of running all calculations and data on the Ethereum network, Optimism places all transaction data on-chain and runs the calculation off-chain, increasing Ethereum's transactions per second and reducing transaction fees.
The Optimism community explains its mission with the following sentences:
âThe Optimism Foundation is a non-profit organization dedicated to growing the Optimism Collective.
We're not just writing software that scales Ethereum technology, we're scaling Ethereum values ââby building rails for highly impactful projects that don't have a business model to succeed.
âUntil the project is fully decentralized, we will donate all profits from running a centralized sorter to scaling and maintaining public goods.â