After spending a day building hype with a series of cryptic tweets including images of orange balls, A16z Crypto just revealed what all the fuss was about: a new Layer 2 rollup client called Magi. 

The venture capital giant's client software is being built on the OP Stack, a software stack to create a blockchain dApp ecosystem around the Optimism Layer 2 network, according to a blog post announcing the launch.

Magi is a new rollup client developed in Rust to increase client diversity and improve the OP Stack ecosystem. It is in its early stages and needs further development before being a feasible alternative to existing clients. Future plans for Magi include improving latency, sync speed and testing frameworks, according to the firm.

(by Adam Morgan McCarthy and Vishal Chawla)