SHAPE Network Layer 2 of Optimism
Introduction to SHAPE
The Chain for Creators
SHAPE is designed to be the ultimate blockchain for creators, providing a unique ecosystem where culture and creativity thrive. It offers a space where digital objects can interact programmatically, enabling creators to build, experiment, and contribute to the ever-expanding web of creativity.
Shape Culture and Get Gasback
SHAPE introduces an innovative concept called Gasback, which redirects 80% of sequencer fees back to the contract owners, ensuring that creators share in the network’s success. This model addresses the historical lack of recognition and reward for cultural contributions.
Testnet and Mainnet Launch
The SHAPE testnet is currently live, with the mainnet scheduled to go live in Q3 2024. This launch will open up new opportunities for creators to engage with the network and start earning from their contributions.
Shaping Culture Through SHAPE
Society and Culture
Society is deeply influenced by culture, which is shaped by beliefs, ideas, and art. SHAPE aims to be the home where culture takes root, from rare works to open editions, allowing anyone to design, build, and experiment.
Open and Inclusive Network
SHAPE is universal and not restricted to any single user type or group. It is an open space with no gatekeepers, opaque practices, or obligations to boardrooms, encouraging a diverse range of creations from fine art to new experimental ideas.
Supporting Communities
With cultures come communities. SHAPE supports a wide range of communities by providing a platform where everyone can contribute and benefit from the ecosystem’s growth.
SHAPE and the Superchain
EVM Equivalence and Optimism OP Stack
SHAPE is EVM equivalent and powered by the Optimism OP Stack. This ensures an open-source, easy-to-use platform that integrates seamlessly with Ethereum, offering the best of Ethereum at a fraction of the cost.
Security, Stability, and Scalability
SHAPE inherits its security directly from Ethereum, ensuring robust security. The network also prioritizes stability and scalability, utilizing key infrastructure partners like Alchemy and Optimism to maintain these states.
Funding Public Goods
As a member of the Superchain, SHAPE allocates 15% of sequencer fees to fund public goods, contributing to the broader ecosystem and supporting ongoing network-level cooperation.
Differences Between Ethereum and SHAPE
Minor Differences and Advantages
While SHAPE is EVM equivalent, there are some minor differences developers should be aware of, such as opcodes and transaction fees. These differences are designed to optimize the user experience and reduce costs.
Transaction Fees on SHAPE
SHAPE transaction fees are significantly lower than those on Ethereum. Each transaction involves two separate costs: the L1 Fee for security and the L2 Fee for execution. The L1 Fee ensures transaction data is published to Ethereum, maintaining SHAPE’s security properties, while the L2 Fee covers execution costs on SHAPE.
Gasback: Redistributing Fees
Gasback ensures that 80% of the ETH collected from L2 Fees is directed back to the contract owners, promoting a fair and rewarding system for creators. The remaining 20% is allocated to the Optimism Collective and infrastructure development.
How to Get Involved
Join the Network
Creators, builders, and dreamers are invited to join the SHAPE network. By following SHAPE and completing the provided form, individuals can stay updated and get in touch with the SHAPE team.
Supported by the Culture
SHAPE is backed by a vibrant community of supporters, including notable figures and organizations in the digital art and blockchain space. This strong community support underscores SHAPE’s commitment to cultural and creative growth.
Conclusion
SHAPE is set to revolutionize the blockchain space for creators, offering a unique platform where culture and creativity are rewarded and celebrated. With its innovative Gasback model, EVM equivalence, and robust community support, SHAPE is poised to shape the future of digital creativity.
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