Benefits of using OP Stack

OP Stack is a decentralized open-source development stack developed, maintained, and managed by a decentralized self-governing organization (DAO), which consists of various companies and community members working together to build a sustainable future for Ethereum called Optimism Collective. Many components of the OP Stack codebase have been audited by experts in the relevant field.

Coinbase, the biggest digital asset exchange in the United States, has joined since the launch of OP Stack-based first Layer 2 Chain Optimism on March 31, 2022, and on May 12, 2023, Worldcoin, led by Sam Altman, CEO of OpenAI, famous for ChatGPT, also announced that it will join the OP Stack-based superchain ecosystem.

Chain
Details
Leading Company
Development Status

Optimism

Optimistic Rollup-based L2 Chain

OP Labs

Mainnet Launching (’22.3.31.)

Base

L2 Chain for Mass Adoption

Coinbase

Testnet Launching (’22.2.23.)

Worldcoin

Privacy Priority ID Protocol

Worldcoin Foundation

Announced to join the Superchain

The OP Stack[1] is building an AttestationStation that serves as a data layer for all OP Stack-based chains' decentralized identity (DID)[2] and reputation systems, as well as the scalability (low fees and fast transaction speed) mentioned above, security, and improved user experience.

As will be explained in detail below, the Hwik Circle Layer has a circular ecosystem structure in which all participants in the ecosystem become prosumers and consume products or services at the same time, so the identity and reputation information of all participants is ultimately a key factor in determining the success of the Hwik Circle Layer.

AttestationStation[3] allows you to identify and manage a particular user's reputation based on community contributions without being owned or controlled by a centralized entity (individual or organization), which is considered to have great advantages as a technology stack for Hwik Circle Layer.

[1] https://stack.optimism.io/

[2] https://www.w3.org/TR/did-core/

[3] https://community.optimism.io/docs/identity/intro/

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