Founders of Optimism, a layer 2 network built on the Ethereum blockchain, has created an Ethereum-based transactional system Drippie.
Optimism does a lot of on-chain transactions, and effectively managing all those interactions securely can prove to be a headache.
Hence the introduction of Drippie, a web3 technology that mirrors IFTTT, a similar technology on the Ethereum network only that it’s web2 technology.
It’s not a mystery that Drippie will be more effective than its predecessor IFTTT due to the more advanced technological components it was built with.
Drippie is like a manager who manages all the Optimism network transactions and allows trades to be executed only if agreed conditions are met.
However, some services must trigger these actions when the agreed conditions are met. Some services employed by Optimism are Gelato, Chainlink keepers, openZeppelin Defender, and AutoTask.
Each of these platforms has little difference, but they render similar services and the same idea: to automatically send Ethereum(ETH) transactions.
Drippie was built as a layer on all these automation platforms, so it doesn’t have to rely on the correctness of the on-chain or off-chain services these providers run.
In addition, they never have to be boxed into a single provider.
Drippie was designed in a flexible and trust-minimized manner. It can plug into all these services ideally.
In addition, Drippie enables easy programming (in solidity) coupled with sets of checks and actions called drip.
Drippie can be explained simply as a small but mighty engine that performs the majority of on-chain operations the platform needs daily.
Optimism moves funds from layer 1 and 2 blockchains and regularly maintains various account balances using Drips.
Finally, they use it to automatically pay for Drippie’s transaction, talk of killing 3 birds with a stone.
It is also worth noting that Drippie, just like Optimism, is fully licensed by MIT and is open-sourced.