The Arbitrum DAO, the ecosystem governance organization for Ethereum’s second-layer network Arbitrum, is voting on whether to expand its Orbit chain to blockchain networks beyond Ethereum.

The so-called "Orbit chain" refers to a customizable second-tier network developed using Arbitrum's software stack. Developers can customize these networks to meet specific needs, selecting factors such as transaction processing capabilities, gas tokens, governance, and more, and can be configured to complete transaction settlement directly on Ethereum.

Proposals put forward by the Arbitrum Foundation are currently undergoing preliminary “temperature check” voting on Snapshot, which will end on August 1, 2024. The foundation proposes to expand its “Arbitrum Scaling Plan,” which was originally limited to relying on the security of Ethereum. If the latest proposal is approved, it would allow new Orbit chains to launch on various blockchain networks including Bitcoin, Binance Smart Chain, and Cosmos.

The proposal states that since many project parties have expressed strong interest in developing the Orbit chain outside of Ethereum, the foundation has reconsidered its existing restrictions. This proposed change may lead to more Orbit chain deployments. demand, thereby enhancing the benefits of ArbitrumDAO and its ecosystem (the Orbit chain will share 10% of its profits to the Arbitrum ecosystem), while also enhancing the popularity of the Ethereum Virtual Machine and its upgraded version, Stylus (EVM+).

Preliminary voting results show strong community support for the expansion, with over 99% of votes in favor of deploying Orbit Chain on various blockchain networks.

The foundation proposes to expand its Arbitrum scaling program, which was previously limited to blockchains that draw security from Ethereum — typically second-layer blockchains.

Existing procedures allow entities to fork the Arbitrum code base and launch an EVM-compatible Orbit chain. These are customizable blockchains developed using Arbitrum’s software stack. Developers can customize the chain according to specific needs and choose elements such as transaction throughput, gas tokens, and governance. They can be configured to be settled directly on Ethereum.

The latest proposal points to interest from projects looking to develop the Orbit chain outside of Ethereum, prompting the foundation to review its existing restrictions. The proposed changes could lead to more Orbit deployments, enhancing revenue for ArbitrumDAO and its ecosystem.

The Orbit Chain shares 10% of its profits to the Arbitrum ecosystem, promoting a mutually beneficial financial model that benefits the project.

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