Discover and read the best of Twitter Threads about #OVM

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A quick one on @arbitrum #Nitro

- What is it?
- How is it different?
- What are the tradeoffs? ( bc remember EVERYTHING is a tradeoff)
- Should you care?
- and a little $ARBI airdop juice
Arbitrum is an optimistic rollup (OP) L2 built by @OffchainLabs.

The currently-live implementation is called Arbitrum One and is the most successful rollup to date (measured by TVL).
While both are Optimistic rollups, Arbitrum has some key differences from its counterpart, Optimism.

@optimismFND #OVM 2.0 is EVM-equivalent, running directly inside the #EVM, while Arbitrum One is only EMV-compatible.
Read 12 tweets
Blown away by @kaiynne's #L222 #SNX roadmap.

Here is 22 reasons why #Synthetix is going to melt faces in 2022:

#Optimism:

@synthetix_io is built on @optimismPBC L2. @MakerDAO, @AaveAave, @CurveFinance, @Uniswap, @gnosisPM, @Barn_Bridge and other top dogs joined as well.

1/22
Parallel development of #Synthetix V2x and V3:

#Synthetix core-contributors split up into two groups in 2021, to build two different scopes at the same time. At the same time #SNX on-boarded additional engineers and core contributors to accelerate the process.

2/22
#Synthetix V2x:

#SNX V2x scope consists of three phases:

1. #Optimism migration and dealing with tech debt
2. Debt Synthesis (L1/L2 debt merge) and other stuff
3. Rollout of new #synths to #Optimism

Leveraged Synths aka #Futures split into separate workstream.

3/22
Read 22 tweets

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