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Arbitrum

Arbitrum (ARB) is an Ethereum scaling solution developed by Offchain Labs.

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All edits by Sergei Kalinenko

Edits on 21 Jan, 2022

Sergei Kalinenko

edited on 21 Jan, 2022

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Sergei Kalinenko

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Arbitrum

Arbitrum (ARB) is an Ethereum scaling solution developed by Offchain Labs that dramatically reduces costs and latency. As an “optimistic rollup”, Arbitrum instantly scales applications to reduce costs and increase capacity without compromising the security of Ethereum

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It launched as Arbitrum One in early September after a massive $120 million funding round. According to the second layer data platform L2beat, Arbitrum is the most popular second layer network at the moment with a total value of $2.57 billion, giving it a 47% L2 market share.

Porting contracts to Arbitrum does not require code changes or downloads as Arbitrum is fully compatible with most existing Ethereum developer tools

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Is a