Zora launches L2 blockchain on Optimism

Zora launches its layer 2 blockchain project on the Optimism network. Zora is a new Web3 platform dedicated to the creation of NFTs. With the introduction of its layer 2 chain, users have more opportunities to utilize the platform.

Creators can use Zora’s toolkit to turn their artwork, songs, videos, podcasts, animations, or memes into NFT collections. Collectors can browse Zora’s home feed to discover live-and-mintable collections from the Zora community. Zora also offers personalizable profiles for collectors, allowing them to showcase their collections and connect with other Zora users.

Optimism is a layer-2 scaling solution for Ethereum. It utilizes optimistic rollups to increase the throughput and reduce the gas costs of Ethereum transactions. Optimistic rollups work by bundling transactions together and submitting them to Ethereum as a single transaction. This allows Optimism to process more transactions per second compared to Ethereum alone.

All transactions on Optimism are ultimately secured by Ethereum’s miners. This means that if an attacker were to gain control of the Optimism network, it would be challenging to steal funds or disrupt the network. Optimism currently hosts several Web3 projects, including Synthetix, Uniswap, and Velodrome.

On the Zora platform, there is an NFT Rendering tool that enables creators to display their NFTs, Zora Dev Kit through which users can access the Zora API without prior knowledge of GraphQL, Zora API which grants access NFT metadata, monitor on-chain events, analyze sales activity, and more.

According to Zora, users can access and use the platform with their mobile devices, and while NFT creators, “royalties can be set on erc-721 collections created on ZORA, although whether or not these royalties are enforced on other marketplaces is completely dependent on the marketplace.”

Read also;

MetaMask expands its Swap to Layer 2s with Arbitrum and Optimism