Cointime

Download App
iOS & Android

Falling into the Optimism rabbit hole: Bedrock, OP Stack, and Superchain

Validated Project

TL;DR

  1. Bedrock is an epic software update that Optimism put everything they learned. Optimism started splitting the code into three parts to become a rollup framework -- Consensus, Execution, and Proof.
  2. OP Stack is a rollup framework that allows anyone to plug different modules for rollup’s three parts based on the Bedrock update’s modularization.
  3. Superchain is a collective of chains that use OP Stack. Superchain provides a single-chain experience for users by leveraging a single set of sequencers.

Intro

Hey there! We are TiP. We build stuff that scales Ethereum.

Bedrock update is coming to Optimism, but none of our team knew Bedrock exactly. We couldn’t also find a blog that explains Bedrock exactly. Everyone is talking about block time and gas cost, but we felt it’s more than block time or gas cost.

We started to dig deeper into Bedrock and fell into the Optimism rabbit hole. It was amazing. This article takes you down the same rabbit hole we fell: the big picture of Optimism connecting Bedrock, OP Stack, and Superchain.

Me at 2 am googling OP on the bed

Bedrock

Bedrock is a) an epic software update that Optimism put everything they learned while operating the chain, and b) a gentle announcement that Optimism is not just a single rollup but also a rollup framework.

Software Update

Bedrock contains a bunch of enhancements. Here are some of the key topics -

We see modularization as the 👑 crown jewel of the Bedrock update.

Modularization

Optimism had a monolithic codebase which caused a big problem. Engineers couldn't have flexibly modified the code because the entire codebase is tangled. Therefore, Optimism decided to separate the proof system, which had the most dependencies on the system.

After Optimism initiated the modularization, amazing things happened. The new codebase was so intuitive that the community could’ve forked the code and implemented a whole new rollup, such as Minecraft rollup and Game boy rollup. Modularization ended up enabling the community to accessibly build variations of Optimism rollup and advance the rollup community at the end of the day.

As a result, the Optimism team built a bedrock for the OP Stack.

OP Stack

Source: Introducing the OP Stack (https://optimism.mirror.xyz/fLk5UGjZDiXFuvQh6R_HscMQuuY9ABYNF7PI76-qJYs)

OP Stack is a rollup framework that allows anyone to plug different modules for rollup’s three parts -- Consensus, Execution, and Settlement. It could be possible thanks to Bedrock’s modularization!

OP Stack allows you to build various kinds of chains! You can build an EVM chain that uses ZK-proof and stores data to the blob on Ethereum; or a Game Boy chain that uses fault-proof and stores data on your desktop computer. I’m not joking; it’s happening!

Optimism defined consensus, execution, and settlement as a mental model representing the rollup’s technical stack. This means you can make your new rollup by combining a consensus module, an execution module, and a settlement module, like a burrito!

The wordings are pretty hard. But don’t you worry, Anon. In short, the Consensus Layer saves, retrieves, and interprets the data; the Execution Layer executes interpreted data; and the Settlement Layer checks if everything is valid.

Consensus Layer

The Consensus Layer is responsible for storing, retrieving, and interpreting data. It contains two layers -- the Data Availability Layer and the Derivation Layer.

The Data Availability Layer is responsible for storing and retrieving the chain’s data. It’s data storage for your rollup. You can put the rollup’s data on Ethereum calldata, Ethereum blob, IPFS, or even your desktop computer.

The Derivation Layer is responsible for interpreting the data retrieved from the Data Availability Layer.

FYI, S represents State and DA represents Data Availability in the formula.

Source: Modular Rollup Theory Through the Lens of the OP Stack by Kelvin Fichter (https://youtu.be/jnVjhp41pcc?t=596)

Execution Layer

The Execution Layer is responsible for the execution. It takes interpreted data from the Consensus Layer, executes it, and generates the following status of the chain.

You can use various execution engines—for example, EVM (of course), Game Boy, and Minecraft. The sky is the limit!

Source: Modular Rollup Theory Through the Lens of the OP Stack by Kelvin Fichter (https://youtu.be/jnVjhp41pcc?t=828)

Settlement Layer

The Settlement Layer is responsible for settling the chain. The Settlement Layer checks if the data and execution are right by putting everything all together. If the Settlement Layer verifies everything is correct, then the chain is settled to the next state.

You can use various methods to build the Settlement Layer—for example, Fault Proof and Validity Proof.

Source: Modular Rollup Theory Through the Lens of the OP Stack by Kelvin Fichter (https://youtu.be/jnVjhp41pcc?t=1206)

Superchain

Source: Optimism’s OP Stack by Karl Floersch (https://youtu.be/HiU-g8XHi5s?t=1290)

Superchain is a collective of chains that uses OP Stack. From the revealed information, Superchain leverages OP Stack’s modular architecture and a single shared sequencer set, allowing a) atomic cross-chain composability between chains and b) trustless rollup maintenance.

If we dare speculate Optimism’s intention for a Superchain, we see intentions to make a rollup like a smart contract. With a smart contract, a deployer doesn’t have to maintain their own infra to run their own code. But the code frictionlessly runs on the nodes; most importantly, the code executor doesn’t have to trust the deployer.

Similarly, when there is a shared Superchain sequencers set that commit to sequence and execute rollups on behalf of the deployers, both rollup deployers and users are happy. Because deployers don’t have to maintain their infra and put efforts into deploying a rollup, and users don’t have to trust the deployer. Nothing was compromised from the initial vision of trustless computing but only scales enough to serve everyone on the internet.

Therefore, with Superchain, we get a world where builders can build a new rollup by combining modules, deploy a rollup easily like a smart contract, and don’t have to maintain a thing; users can interact easily with other rollups as if they are using single big chain (single-chain experience); the trustless execution is guaranteed because nodes are well-decentralized.

Of course, realistically, we have some to-dos to make the Superchain possible. Here are some notable to-dos for the Superchain.

  • Multiple chains run on a sequencer. We call it M:1 problem.
  • Multiple sequencers that run a single chain. We call it 1:N problem.
  • Combining 1:N and M:1 for the M:N network.
  • A communication protocol between rollups for atomic transactions between rollups.
  • Diverse modules and implementations for Consensus Layer, Execution Layer, and Settlement Layer.

Each to-do is quite a topic, but I know we can make it. We are talking about Optimism, my friends!

In conclusion

As a team commits to scaling Ethereum, Superchain is a mission that flutters our hearts. The most amazing part is that Optimism is a public good for the community’s public benefit. The entire codebase is under the MIT Licence, which allows everyone to contribute new ideas and redistribute freely.

Optimism is building days and nights for everyone’s public benefit. They are especially working harder at the moment since Bedrock is merging to test net soon. When each feature is shipped, we are getting one step closer to the Superchain.

Lastly, I would like to thank the Optimism team for building an amazing product for the community. Their positive impact is not something I’ve ever seen in my life.

Let’s stay optimistic!

Comments

All Comments

Recommended for you

  • Cointime July 27th News Express

    1. As of July 25, BlackRock IBIT held more than 338,000 bitcoins, an increase of more than 1,092 bitcoins from the previous day.

  • Polymarket adds new Olympics category

    Predicting market Polymarket adds "Olympics" category, including:Currently, among the countries predicted to win the most gold medals at the Paris Olympics, the United States accounts for 79% and China accounts for 20%. The amount of the prediction market project has reached 1.2 million US dollars; among the countries predicted to win the most medals, the United States accounts for 94% and China accounts for 6%. The amount of the prediction market project has reached 1.3 million US dollars.

  • Robert Kennedy Jr.'s four Bitcoin policies, including that BTC-USD transactions do not need to be reported or taxed to the IRS

    US presidential candidate Robert Kennedy praised the role that Bitcoin could play in improving the US economy at the Bitcoin 2024 conference. He proposed a comprehensive reform of US monetary policy and added that BTC could restore the US economy to its pre-Nixon era. He promised to issue four executive orders related to Bitcoin if elected:

  • Hong Kong Legislative Council Member Tam Yue-heng: Accelerate the issuance and trading of stablecoins that match the characteristics of the linked exchange rate system

    Tan Yueheng, a member of the National Committee of the Chinese People's Political Consultative Conference and the Legislative Council, published an article entitled "Consolidating the Status of Financial Center and Sharing the Dividend of Deepening Reform". In it, he pointed out that in the field of digital finance, the SAR government must continue to develop digital finance and qualified virtual products, explore new beneficial financial formats, and promote the new productive forces of the financial industry. Hong Kong must promote the participation of financial technology companies in the stable coin sandbox mechanism, accelerate the issuance and trading of stable coins with the characteristics of matching linked exchange rate system, expand the testing scope and landing scenarios of digital RMB as a cross-border payment tool, and focus on developing products that are linked to virtual assets and underlying real assets, transforming art, real estate, equity, and carbon emissions into digital tokens through blockchain technology.

  • Hong Kong’s virtual asset ETF market has established a mature structure including exchanges, market makers, primary and secondary custodians, etc.

    Wang Long, Chairman of the Greater Bay Area Financial Professionals Association, pointed out in an article published in Ta Kung Pao entitled "Web3.0 Promotes Diversification of Financial Products" that although Hong Kong's ETF market is still in its development stage compared to the United States, it has established a mature architecture, including exchanges, market makers, primary and secondary custodians, etc. The Hong Kong Securities and Futures Commission has approved six virtual asset spot ETFs and 14 virtual asset spot ETFs, including Hong Kong dollars, US dollars, and renminbi categories, for trading on platforms holding the Hong Kong Securities and Futures Commission license. Nowadays, more and more global investors are paying attention to how to invest in virtual assets, and both the United States and Hong Kong, China have approved the listing of ETF funds for virtual assets, and the investment scale is rapidly increasing.

  • Bloomberg ETF Analyst: XRP ETF may be the next exchange-traded fund product to be launched

    Bloomberg ETF analyst James Seyffart forwarded market news on X platform, stating that during the Bitcoin 2024 conference, Discover Crypto CEO Joshua Jake was interviewed and he said that XRP ETF could be the next possible exchange-traded fund product to launch.

  • Hong Kong's financial industry may study launching stablecoin trading desks and institutional custody services

    Hong Kong Monetary Authority recently announced the list of participants in the stablecoin issuer sandbox, including JD Coin Chain, Circle Coin Innovation, Standard Chartered Bank, Anni Group, Hong Kong Telecom and other institutions. Research reports released by Zeng Shengjun, a researcher at the Greater Bay Area Financial Research Institute of the Shenzhen Branch of Bank of China, and Guan Zhenqiu, a researcher at the Hong Kong Financial Research Institute of Bank of China, analyzed that the Hong Kong dollar stablecoin can improve the efficiency and inclusiveness of the Hong Kong financial system. Its stability, free convertibility, high security, high open source and cross-border mobility can provide support for a wider range of financial innovations.

  • Bitcoin scaling network Mezo completes $7.5 million in financing, led by Ledger Cathay Fund

    Bitcoin scaling network Mezo has completed a $7.5 million financing round, with Ledger Cathay Fund leading the investment and Mantle EcoFund ecosystem projects from ArkStream Capital, Aquarius Fund, Flowdesk, GSR, Origin Protocol, and Bybit participating. This round of financing brings its total funding to $30 million.The new funds will be used for Mezo's plan to expand the adoption of its network, including integrating more products into its network, such as its Bitcoin staking platform Acre.

  • As of July 25, BlackRock IBIT held more than 338,000 bitcoins, an increase of more than 1,092 bitcoins from the previous day.

    BlackRock's official update on the Bitcoin ETF shows that as of July 25th, the market value of IBIT has reached $21,890,121,436.41, and the position has increased to 338,128.5551 BTC, an increase of 1,092.7881 BTC from the previous trading day.

  • The U.S. core PCE price index rose 0.2% in June, compared with expectations of 0.1% and the previous value of 0.10%.

    The US core PCE price index for June was 0.2%, exceeding expectations of 0.1% and the previous value of 0.10%; the US core PCE price index for June recorded a year-on-year increase of 2.6%, higher than expected. The US core PCE price index for June recorded a monthly rate of 0.1%, unchanged from the previous month and in line with expectations.