What is Arbitrum? đ€
Arbitrum is a Layer 2 solution using optimistic rollup technology to supercharge Ethereum's performance! ⥠It boosts Ethereumâs security and reduces costs, making it perfect for decentralized apps (dApps) and smart contracts. đČđ
Key Features of Arbitrum:
Scalability đ: Processes transactions faster and at lower costs.Security đ: Leverages Ethereum's robust security measures.Efficiency đ: Reduces computational and storage loads.
Who Developed Arbitrum? đ ïž
Developed by Offchain Labs, a blockchain R&D powerhouse for over 8 years! đĄ They also created products like Arbitrum Orbit, Stylus, and Nitro. đ
Security & Audits đ
Arbitrum undergoes continuous security audits by multiple independent firms to ensure its integrity and safety. â đ
On-Chain Activity đ
Arbitrum's on-chain activity shows impressive growth with daily transaction fee revenues and an average of 39.05 transactions per second (TPS). đđ
Bug Bounty Program đĄïž
Arbitrum runs a bug bounty program with a maximum payout of $2,000,000 to enhance security further! đđ°
Join the Community đ
With over 1 million followers on X (formerly Twitter), Arbitrum has a vibrant and engaged community. đ€đŹ