The developers of the second-tier Optimism scaling solution for Ethereum have announced that a preliminary launch on the mainnet is scheduled for January 15th.
As part of the preliminary launch, the Synthetix decentralized exchange will have access to transaction scaling. Smart contracts will be converted to the Optimistic Virtual Machine (OVM) format and launched on the mainnet. Given that OVM is almost fully compatible with the Ethereum Virtual Machine, developers won’t have to rewrite their smart contracts.
“Two weeks ago, we froze the code to prepare for the pre-launch of the project’s mainnet and testing with Synthetix. This means that we are almost ready to provide our first users with a complete solution, including converting contracts to OVM and deploying them to the main network, ”reads the Optimism blog.
The developers emphasize that the launch on the main network is preliminary, so errors, crashes and other problems are possible. The Optimism team plans to keep the keys for updating the system for at least six months – so that in case of serious problems they can quickly respond and update the solution.
The launch of the public testnet is scheduled for March 15. The developers hope to provide the necessary documentation by this time so that Ethereum project creators can integrate Optimism support.
As a reminder, the OVM demo was launched in May 2020. The creators of the DeFi Synthetix protocol took part in the launch and testing of OVM.