Layer 2 Community Optimism to Use Ethereum Attestation Service to Promote Person Belief

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 methods on Optimism.

Any Optimism person can use the expertise to attest to data that they consider is correct, comparable to whether or not an individual constructed, or contributed to, a selected venture, 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 making an attempt 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 Know-how Officer Steve Dakh informed CoinDesk.

The crew stated the expertise will permit builders to create progressive id merchandise throughout Optimism, and different networks comparable to Base, Polygon, and Ethereum.

Such a service may embody merchandise comparable to an aggregated ranking system for DeFi customers’ reputations that would assign a person a popularity rating primarily based on different customers’ attestations of their interactions with that particular person.

The expertise can even assist the work of the Optimism Collective, an entity that rewards the ecosystem’s contributors with crypto, by offering the group with the data 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, informed CoinDesk.

It will incentivize builders to construct important infrastructure on Optimism and pursue different initiatives that enhance customers’ experiences throughout the ecosystem.

“Folks within the Optimism Collective have been type of making an attempt to determine, ‘hey, how will we really establish one particular person — and never identical to any particular person, however like a constructive contributor to the area — to provide these tokens to’ and that’s once we began experimenting with attestations,” Bacchus stated.

Utilizing EAS, customers can even put up a publicly accessible, on-chain report of how the collective distributes tokens. This might permit on-chain analysts to extra simply perceive who’s receiving OP tokens and for what goal, selling transparency throughout the complete ecosystem.