Arbitrum is a layer-2 scaling solution for Ethereum, designed to significantly enhance the network’s scalability and reduce transaction fees. It achieves this by using Optimistic Rollup technology, enabling faster and more cost-effective smart contract execution. As a vital component of Ethereum’s ongoing efforts to address its scalability challenges, Arbitrum enhances the network’s capabilities, making it more accessible for developers and users while maintaining compatibility with the Ethereum ecosystem.
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