Open-source advocates launch OP Stack testnet to fund public items

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 out to the event staff or tokenholders, in keeping with an announcement from the community’s builders. In economics, a “public good” is an efficient that can not 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 staff that created Gitcoin, a undertaking that seeks to boost funds for open-source initiatives. Public Items Community is being constructed utilizing the OP Stack, that means that it will possibly change into a part of the proposed “Superchain” that will embody Optimism and Base networks.

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