Arbitrum Layer 2 Network
Arbitrum:Scaling Ethereum
Arbitrum, introduced by Offchain Labs in 2021, is a layer-2 solution designed to enhance Ethereum’s scalability and reduce transaction costs. Utilising Optimistic Rollups, it processes transactions off-chain while maintaining security through periodic on-chain validation. This approach significantly boosts transaction speed and lowers fees compared to Ethereum’s mainnet. Arbitrum’s compatibility with existing Ethereum smart contracts means developers can deploy their dApps with minimal adjustments, making it a powerful tool for improving Ethereum's performance and fostering wider adoption of decentralised applications.