Lattice announces Redstone, an “alternative data availability” network for Optimism, currently in testing phase
The Optimism blockchain ecosystem is gaining its own "alternative data availability" or "alt-DA" network Redstone, supported by the development team Lattice. Redstone is currently in the testing phase and aims to provide cost-effectiveness for on-chain games and DApps. Redstone will "operate like traditional optimistic rollups, except that instead of publishing input states to L1, it publishes data commitment hashes. The input states corresponding to the input commitments are stored off-chain by data availability providers." The Lattice team plans to join the Optimism ecosystem and contribute as core developers to the OP Stack. (CoinDesk) Earlier in August, DeFi oracle RedStone announced its support for the Optimism blockchain and its ecosystem. RedStone will provide oracle services for DeFi protocols in the Optimism ecosystem, supporting DApp development with models and customized functions, providing convenience for builders.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ZA Miner Introduces Free Cloud Mining Platform for Bitcoin and Dogecoin
ZA Miner, a UK-based cloud mining provider, has officially launched a new platform to make cryptocurrency mining more accessible to a broader audience.

OSC Warns of Surge in AI-Driven Crypto Scams as Canadian Fraud Losses Climb to $640 Million
According to the Globe and Mail report, the Ontario Securities Commission (OSC) is raising red flags over a sharp rise in cryptocurrency fraud across Canada, as scammers now weaponize artificial intelligence to swindle unsuspecting investors.

Arkansas City Planning Commission Rejects Crypto Mining Proposal Amid Strong Community Backlash
The Vilonia Planning Commission has unanimously turned down a proposed cryptocurrency mining facility within city limits, following weeks of vocal opposition from residents.

Bitcoin Climbs to $94,000 Driving Market Above $3 Trillion

Trending news
MoreCrypto prices
More








