The Layer 2 blockchain public items community launched a testnet on July 7, promising to spend “the overwhelming majority of internet sequencer charges” on public items as an alternative of paying them to the event workforce or holders of tokens, in accordance with an announcement from the community builders. In economics, a “public good” is an effective that can’t be produced for revenue as a result of it’s tough to exclude non-payers from its consumption.
The brand new community was developed by the identical workforce that created Gitcoin, a challenge that seeks to lift funds for open-source tasks. The community of public items is constructed utilizing the OP stack, which implies that it may be a part of the proposed “superchain” which will embody optimism and Core Networks.
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