Offchain Labs, the company that creates the Arbitrum ecosystem, has launched Arbitrum BOLD on its testnet.
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Arbitrum (ARB): Let's Understand With the 5W1H Method
What is it?
Arbitrum is a layer two (L2) solution built on top of the Ethereum network. It aims to increase the speed, scalability and cost efficiency of Ethereum by using a scaling technology called Optimistic Rollup.
What does it do?
Arbitrum provides a platform that allows developers to create secure, fast and cheaper applications. It achieves this by moving transaction costs from the Ethereum mainnet to L2 and relying only on the mainnet in cases of conflict.
Arbitrum is a layer two (L2) solution built on top of the Ethereum network. It aims to increase the speed, scalability and cost efficiency of Ethereum by using a scaling technology called Optimistic Rollup.
What does it do?
Arbitrum provides a platform that allows developers to create secure, fast and cheaper applications. It achieves this by moving transaction costs from the Ethereum mainnet to L2 and relying only on the mainnet in cases of conflict.
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ARB
0.5499
+1.90%
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