Fantom Explores Adding Optimistic Rollups to Connect to Ethereum

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Fantom Explores Adding Optimistic Rollups to Connect to Ethereum
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Fantom is exploring adding optimistic rollups to connect to Ethereum

The Fantom Foundation is investigating adding optimistic rollups between Fantom and Ethereum.

“We have been looking at Optimistic Stacks, Arbitrum Stack, all of these things to see how their canonical bridges use these proofs to be able to have [a] higher security guarantee,” Cronje said. “Are we considering one of their stacks to become our own canonical bridge? Yes, we are. And we are actively investigating that.”

Fantom Foundation CEO Michael Kong added that implementing Layer 2 technology in this way will allow the Fantom network to access more liquidity from the Ethereum ecosystem.Cronje, however, doesn’t think there’s any such thing as a Layer 2 network. He prefers to see what’s typically referred to as a Layer 2 network as a sidechain and sees the optimistic rollup technology that combines them as a bridge between the two.

Cronje argued that such Layer 2 technology, like optimistic rollups, is a bridging technology that allows for native assets to move to another blockchain in a slightly more secure way. But he argued that the security this technology provides is invalidated once there are other bridges connected to the blockchains in question.

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