Optimism Community Call Recaps & Recordings Thread

Community Call #25 [LAW OF CHAINS]: August 1, 2023

It was an amazing call! Some great questions and discussion on Law of Chains (contribute to the discussion here) !

Recording is here: August 1st Community Call Recording.mp4 - Google Drive

Recap:

  • The VAST MAJORITY of the call was spent discussing the newly published Law of Chains .
    • @ben-chain was with us to discuss and to answer questions
    • Law of Chains doesn’t include operationalization, but instead outlines the stakeholders of the superchain and enumerates their rights
      • For example, covers preventing censorship of users
    • If ratified, it’s an addition to the working constitution of the collective
    • We are moving from governing a single chain (OP mainnet) to governing a standard (the OP stack) on which all of these chains in the “Superchain” will follow
    • This is a long term document meant to survive for many years
  • Q & A
    • Why isn’t governance mentioned (token/citizen house)?
      • The document defines the relationship between governance as a whole and stakeholders
    • Are existing partners (Base/Zora) bought in?
      • yes and they are excited about it!
    • Does this include chains that are forking current OP stack codebase?
      • OP stack will still be open source and available to fork but this is specifically a higher open standard for chains to be a part of the Superchain
        • This includes upgrades voted on by the OP Collective
    • What upgrades/params will be chosen by governance vs by the chains themselves?
      • Specifics will continue to be fleshed out, but some settings (chain profit margin, the specific sequencing seem) will be available to be parameterized by chain governance.
    • How will new chains be represented in governance?
      • This is an ongoing discussion, however this happens will be transparent and approved by governance
    • The security model should be homogenous across all chains in the Superchain. Users should be able to move from chain to chain without worrying about changing security surfaces.
    • Will we have a chain house?
      • For now, probably not, it adds much more complexity. However token house (economic) is a probably a good fit.
    • Native bridges will be the same for all the chains
    • What are the social contracts for delegates that need to be updated in order to manage new chains?
    • Very important that governance has the least complexity possible, and we should do everything we can to shift governance into programatic/algorithmic protections.
  • Next call we will be diving deeper into the future of governance as outlined by this blog post! The Future of Optimism Governance — The Optimism Collective
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