What is Optimistic Virtual Machine (OVM)?

The Optimistic Virtual Machine (OVM) is a virtual machine (VM) created by the Optimism blockchain team to help scale Ethereum through Optimistic Rollup (OR) technology. The OVM was designed to make Ethereum transactions faster and cheaper; it also provides a framework for developers to scale smart contracts with its Ethereum Virtual Machine (EVM) Layer-2 compatibility. This technology has been implemented on the Uniswap decentralized exchange (DEX) in partnership with Optimism.