02 May 2024 13:57:28
Rp 16,323
0.59 %
Arbitrum is an Ethereum layer-two (L2) scaling solution developed by Offchain Labs and founded in 2018. Arbitrum aims to lower network congestion and transaction costs by offloading as much work and data storage as possible from Ethereum's main net or layer 1 (L1).
What Makes ARB Unique?
- Arbitrum claims to be more compatible, scalable, and flexible than other scaling solutions
What Affects the Price of ARB?
- Arbitrum's development
- Demands and transactions on the Ethereum network
What Gives ARB Value?
- Natively supported by the Ethereum network
- Wide support for various programming languages
How Secure Is The ARB Network?
Arbitrum derives its security from the Ethereum network, which provides consensus and finality for Arbitrum transactions.
FAQ
Is Arbitrum a good investment?
Arbitrum helps the Ethereum network scale and can be an additional investment portfolio alongside Ethereum. Make sure to do your research first before making any decision.
How does Arbitrum work?
Arbitrum uses Optimistic Rollup, a type of sidechain that relies on Ethereum's security guarantees to maintain the integrity of the system.
