Ethereum Co-founder Vitalik Buterin Bullish on Optimism's Non-Token Governance Shift
Optimism, an Ethereum layer-2 scaling solution featuring optimistic rollups, is garnering significant attention, and for good reason. With its recent debut of OP tokens, Optimism has attracted immense support. Notably, Vitalik Buterin, the co-founder of Ethereum (ETH), has voiced strong approval for a potential change in Optimism's governance model. Buterin's optimism stems from a proposal to potentially move away from a traditional token-based governance system.
Optimism made quite a debut of its OP tokens earlier this week. This Ethereum layer-2 scaling solution garnered immense support from an array of people. Vitalik Buterin, co-founder of Ethereum, has recently expressed support for the new governance structure by Optimism.
In a tweet on the 3rd of June, Ethereum founder Vitalik Buterin supported the proposal of changing the use of OP tokens from being a governance token to the main network token used for gas.😲 The network detailed Vitalik Buterin, the founder of Ethereum, has backed a proposal to change the use of OP tokens from a governance token to a major network token for gas payments.
He mentioned that the idea to use the OP token for gas fees show Optimisman Ethereum layer-2 solution featuring optimistic rollupsis planning to decentralize its governance through the release of a token. Vitalik Buterin has recently praised and showcased his support for Optimism’s governance proposal.
Buterin believes that this shift demonstrates a forward-thinking approach to network management and could foster a more decentralized and efficient ecosystem for Optimism in the long run. This move could solidify Optimism's position as a leader in Ethereum scaling solutions.