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all right guys today were going to talk about optimisms pump 16 amid the coinbase layer 2 launch coinbase has said that theyre going to be contributing to the open source development of the optimism stack now this is a very bullish and the reason is because optimism is a scaling solution built on the ethereums network coinbase has now made an announcement that its Layer Two Network solution is going to be adopted now the reason its going to be interesting is because coinbase is going to go into this project called base and its powered by optimism and theyre going to be partnering up with the Dow which is an open source development on the op stack now as a reminder layer 2 Solutions are designed to make the transactions faster and cheaper there on the respective layer one blockchain where ethereums fees are technically going to be an issue at peak times because of this weve been having a lot of momentum in the optimism Network currently arbitum and optimism both comprise over