Research

Optimism’s Journey to Technical Decentralization

Nov 30, 2023 ⋅  8 min read

Optimism has been largely centralized since its launch, with key control vested in the Optimism Foundation. This centralized phase has allowed for technical advancements and governance experiments, as a rapid shift to decentralization can introduce vulnerabilities. Optimism's roadmap for 2024 includes plans to decentralize the sequencer by adding additional sequencers and holding them accountable through a new fault-proof system. Various responsibilities are being gradually shifted to the Optimism Collective through permanent councils, such as Optimism's upgrade keys which will be managed by a Security Council. These steps aim to ensure a safe transition towards technical decentralization, as Optimism aims to become the first autonomous and decentralized Layer-2.

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Patryk is an Experienced Research Analyst at Messari whose areas of expertise include Layer-1 and Layer-2 networks, infrastructure, and stablecoins. Previously, Patryk worked as a Financial Crimes Consultant and studied finance at the University of Illinois at Urbana-Champaign.

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About the author

Patryk is an Experienced Research Analyst at Messari whose areas of expertise include Layer-1 and Layer-2 networks, infrastructure, and stablecoins. Previously, Patryk worked as a Financial Crimes Consultant and studied finance at the University of Illinois at Urbana-Champaign.

Mentioned in this report