Index Investing News
Sunday, May 24, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

VC Firm Andreessen Horowitz Releases New Optimism Rollup Client

by Index Investing News
April 20, 2023
in Cryptocurrency
Reading Time: 3 mins read
A A
0
Home Cryptocurrency
Share on FacebookShare on Twitter


Key Takeaways

  • Andreessen Horowitz is releasing a new OP Stack rollup client called Magi.
  • Magi is written in Rust, contrarily to OP Labs’ existing client, op-node, which is written in Go.
  • The firm acknowledged that Magi is still months away from being a viable alternative to op-node.

Share this article

Venture Capital firm a16z is aiming to diversify Optimism’s rollup clients with a client of its own. 

Magi and op-node

Andreessen Horowitz is launching new infrastructure on Optimism.

The venture capital firm announced today that it was releasing Magi, a OP Stack rollup client written in Rust. 

Optimism is a Layer 2 solution that aims to help Ethereum scale up its throughput capabilities. Instead of processing each and every Ethereum transaction on the mainnet itself—which leads to congestion of the blockchain, slow transaction confirmations, and high fees—Optimism provides a way for Ethereum to outsource computational data.

OP Stack is the standardized, open-source development stack that powers Optimism; it’s essentially the toolbox that allows the creation of decentralized applications (dApps) on the Layer 2 solution. According to a16z engineer Noah Citron, Magi aims to provide more diversity to Optimism rollup clients—the software that allows developers to interact with a blockchain network. So far, only one client exists on Optimism: op-node, maintained by OP Labs and written in the Go programming language. 

“Magi aims to be an independently developed, drop-in replacement for op-node, adding to the rollup’s client diversity,” wrote Citron. “We hope that building out this new, Rust-based client will encourage greater safety and liveliness throughout the OP Stack, and bring more contributors into the ecosystem.” 

Citron indicated that Magi was still in development and would likely take months to become a viable alternative to op-node. He also stated that Magi’s development was made with the help of the OP Labs team. 

Disclosure: At the time of writing, the author of this piece owned BTC, ETH, and several other crypto assets.

Share this article

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.

You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.

See full terms and conditions.

ZK-Rollups and the Path to Scaling Ethereum

As the cost of using Ethereum increases, the need to scale the network has become more apparent than ever. Zero-Knowledge Rollup technology promises to lower gas fees without compromising on…

Optimism Community Discusses Excluding Token Sellers From Future Airdr…

An Optimism community member has proposed to exclude airdrop token sellers from future protocol airdrops on the basis that they were only interested in profit and not governance. The idea…

Optimism Community Discusses Excluding Token Sellers From Future Airdr...



Source link

Tags: AndreessenclientfirmHorowitzOptimismreleasesRollup
ShareTweetShareShare
Previous Post

Key Tips For Living On One Income

Next Post

Madison Beer Reveals She Considered Suicide After Nude Photo Leak: ‘I Felt So Backed Into A Corner’

Related Posts

Binance Denies WSJ Report Alleging 0M in Iran-Linked Crypto Transactions

Binance Denies WSJ Report Alleging $850M in Iran-Linked Crypto Transactions

by Index Investing News
May 23, 2026
0

Binance CEO Richard Teng has pushed back against a new Wall Street Journal investigation claiming the exchange processed $850 million...

Crypto gives back gains as macro headwinds overwhelm regulatory optimism

Crypto gives back gains as macro headwinds overwhelm regulatory optimism

by Index Investing News
May 15, 2026
0

For about 48 hours, crypto had something genuine to celebrate. The CLARITY Act, a landmark piece of stablecoin regulation, cleared...

Bitcoin ETF Issuers Are Predicting ,000,000 Per Coin As Inflows Accelerate

Bitcoin ETF Issuers Are Predicting $1,000,000 Per Coin As Inflows Accelerate

by Index Investing News
May 11, 2026
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure VanEck’s Matthew Sigel has become the latest...

Retail Traders Get Crypto Access as Morgan Stanley Follows SoFi in Trading Push

Retail Traders Get Crypto Access as Morgan Stanley Follows SoFi in Trading Push

by Index Investing News
May 7, 2026
0

FM Daily Brief - 6 May 2026 FM Daily Brief - 6 May 2026 FM Daily Brief - 6 May...

Why Cross-Chain DEX Trading Is Becoming the New Default in Crypto

Why Cross-Chain DEX Trading Is Becoming the New Default in Crypto

by Index Investing News
May 3, 2026
0

Image source: GeminiThe manner in which individuals conduct crypto trading has changed. Not slightly but structurally. A decentralized exchange platform which...

Next Post
Madison Beer Reveals She Considered Suicide After Nude Photo Leak: ‘I Felt So Backed Into A Corner’

Madison Beer Reveals She Considered Suicide After Nude Photo Leak: ‘I Felt So Backed Into A Corner’

Millennials And Gen Z Have A Plan For Buying Homes: Scratch And Win

Millennials And Gen Z Have A Plan For Buying Homes: Scratch And Win

RECOMMENDED

Understanding Crypto Cost Basis & the Impact on Cryptocurrency Futures

Understanding Crypto Cost Basis & the Impact on Cryptocurrency Futures

November 13, 2022
How Much Does It Cost To Build A House In 2023?

How Much Does It Cost To Build A House In 2023?

January 10, 2023
Wolves hold talks with Atletico Madrid over double transfer swoop in January

Wolves hold talks with Atletico Madrid over double transfer swoop in January

December 5, 2022
UK mortgage approvals and consumer lending fall as rising prices bite

UK mortgage approvals and consumer lending fall as rising prices bite

October 31, 2022
5 Prime Sensible Contract Crypto To Purchase Now – March 2022

5 Prime Sensible Contract Crypto To Purchase Now – March 2022

March 11, 2022
Fascism is occurring right here –
Las Vegas Solar Information

Fascism is occurring right here – Las Vegas Solar Information

May 3, 2025
Bulgarian authorities survives a no-confidence vote over corruption

Bulgarian authorities survives a no-confidence vote over corruption

April 17, 2025
The Suddenly Hot ‘Coco and Jessie Show’ Is Ready to Open in New York

The Suddenly Hot ‘Coco and Jessie Show’ Is Ready to Open in New York

August 27, 2023
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In