Overview
Key Highlights
- Arbitrum is an Ethereum layer 2 scaling solution that supports faster smart contract transactions in a cost-effective way. Arbitrum’s layer 2 solution utilizes blockchain rollups to obtain efficient transaction processing. This scaling solution allows transactions to be processed off-chain before settling them on-chain, thereby allowing the main chain to process more transactions with lower gas fees and optimized space.
- Developers can build user-friendly DApps on the various ecosystems of the network - Arbitrum One, Nitro, and Nova.
- The $ARB governance tokens empower token holders to actively participate in shaping the future of the project. $ARB token holders gain the ability to vote on crucial governance proposals within the DAO.