Arbitrum[ARB]
Arbitrum (ARB) is an Ethereum scaling solution developed by Offchain Labs.
Arbitrum stands as a transformative force in the blockchain domain, offering a Layer 2 scaling solution that addresses the inherent limitations of existing smart contract platforms. Built atop Ethereum, Arbitrum optimizes transaction throughput and efficiency, making decentralized applications (DApps) more viable for real-world use.
Arbitrum's core innovation lies in its Optimistic Rollup technology, which enhances scalability without compromising on security. By leveraging the Ethereum blockchain as a security anchor, it enables DApps to process transactions off-chain, significantly reducing congestion and gas fees while ensuring data integrity.
This technology achieves a unique blend of speed and trustworthiness. Through the Optimistic Rollup approach, transactions are initially processed within the Arbitrum chain, undergoing a cryptographic verification process. Once validated, these transactions are posted to the Ethereum mainnet, creating a robust bridge between the two layers.
Arbitrum's compatibility with Ethereum is a pivotal strength. Developers can seamlessly port their existing Ethereum contracts to the Arbitrum network, unlocking the potential for efficient, cost-effective operations while benefiting from Ethereum's established ecosystem.
The network's native token, ARB, plays a crucial role in governance and transaction settlement. While ARB isn't used for security guarantees, it aligns incentives for honest behavior among participants. Additionally, it acts as a mechanism for validators to dispute incorrect transactions, ensuring the integrity of the network.
Arbitrum's core innovation lies in its Optimistic Rollup technology, which enhances scalability without compromising on security. By leveraging the Ethereum blockchain as a security anchor, it enables DApps to process transactions off-chain, significantly reducing congestion and gas fees while ensuring data integrity.
This technology achieves a unique blend of speed and trustworthiness. Through the Optimistic Rollup approach, transactions are initially processed within the Arbitrum chain, undergoing a cryptographic verification process. Once validated, these transactions are posted to the Ethereum mainnet, creating a robust bridge between the two layers.
Arbitrum's compatibility with Ethereum is a pivotal strength. Developers can seamlessly port their existing Ethereum contracts to the Arbitrum network, unlocking the potential for efficient, cost-effective operations while benefiting from Ethereum's established ecosystem.
The network's native token, ARB, plays a crucial role in governance and transaction settlement. While ARB isn't used for security guarantees, it aligns incentives for honest behavior among participants. Additionally, it acts as a mechanism for validators to dispute incorrect transactions, ensuring the integrity of the network.
Current price
24h:3.41%Market cap
Trading volume 24h
Fully diluted market cap
All time high price
55.76%All time low price
41.95%Token supply
5.55B ARB (55.53%)
10B ARB (100%)
$0
$1.05
$0
$10.51B
366.64M ARB (3.67%)
9.99B ARB (99.93%)