The Dow Dow Stable Dai coin is getting some speed and fee improvements with its upcoming upgrade on Tier 2.
According to Queen Telegraph, the Ethereum Optimization scaling solution provider will provide the technology as announced in the MakerDow forum on March 9th.
Bellwood Studios' co-founder and CEO Sam Macpherson explained that the Maker Dow community will officially release Day 2 Optimism for Layer 2, and this will provide Optimism Day Bridge with improvements to other apps.
Macpherson stated that at present, Optimism requires a seven-day lock-out period when withdrawing tokens back to Layer 1 (Ethereum) as groups rely on publishing data on Blockchain and allow a challenge period for potential fraud proofs.
and added that the Maker protocol could reduce this shutdown period and allow almost instantaneous Day withdrawal.
The mechanism for creating and verifying the two Die types was explained in detail in the forum, with Macpherson explaining: This is a game-changer not only for the Maker protocol, but for the Ethereum ecosystem in general. Where we can finally offer a fast and decentralized method for optimizing assemblies.
The announcement added that the initial bridge will be launched soon but that quick withdrawals are not expected until the third or fourth quarter.
Optimizm assemblies are already being piloted through the Synthetics decentralized funding protocol which announced a phased transition from the second tier to the platform in mid-January after several months of testing and incentives for participants. / p>
it is also rumored that UNICEF is looking into Optimizm compilations for its upcoming upgrade to version 3 later this year.
