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Arbitrum
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  • About
  • Team Members

Company Info

Arbitrum is an advanced Ethereum Layer 2 (L2) scaling solution designed to make blockchain usage faster and cheaper, with an emphasis on low gas fees, high-speed transactions, and a more scalable configuration for Web3 applications and decentralized apps (dApps). Arbitrum, based on Optimistic Rollup technology, improves Ethereum efficiency while maintaining security and decentralization. Offchain Labs created it to help relieve congestion on the Ethereum mainnet. Offchain Labs developed it to offer users faster, cheaper, and more efficient blockchain transactions than the Ethereum mainnet.  

 

Key Features of Arbitrum:

 

  • Supports popular tools like Solidity, Hardhat, Truffle, and Remix, making it simple to create dApps.
  • Capable of processing many more transactions than Ethereum, which improves network efficiency and user experience.
  • Ethereum acts as the settlement layer, ensuring strong security with Optimistic Rollup technology.
  • Compatible with EVM, allowing developers to quickly migrate smart contracts without changing their code.

FAQs

Company Details

Launch Date

Jan-2018

Total Employees

  • Germans Gedgauds
  • Steven Goldfeder
  • Harry Kalodner
  • + 5

Germans Gedgauds, Steven Goldfeder, Harry Kalodner and 5 Others

Contact Details

George Town, Grand Cayman

George Town, Grand Cayman

Social Media

  • linkedin
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  • Video Link

Primary Category

  • Scaling Solution

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