Arbitrum

What’s Arbitrum?

Arbitrum emerges as a transformative Ethereum L2 scaling solution, leveraging optimistic rollups. Arbitrum achieves higher throughput and lower fees compared to its parent chain. Central to Arbitrum’s framework is its ARB, which empowers holders with governance rights within its DAO.

Utilizing optimistic rollups, Arbitrum conducts off-chain transaction processing, gathering them into groups before sending them to the Ethereum main network. This strategy assumes transaction validity off-chain, deferring proof-of-validity submission. However, a dispute resolution mechanism comes into play, wherein any participant can challenge transactions within a specified timeframe by submitting proof of fraud, ensuring the network’s resilience and integrity in the face of potential disputes.

Founders of Arbitrum

OffchainLabs, as well as esteemed former researchers at Princeton Ed Felten, Steven Goldfeder, and Harry Kalodner.

What sets Arbitrum apart?

Firstly, its seamless compatibility with unmodified EVM contracts and transactions ensures that any existing Ethereum DApp can seamlessly transition to Arbitrum without having to modify any code. Moreover, Arbitrum boasts impressive scalability, capable of processing thousands of TPS with minimal fees and swift finality, all while upholding Ethereum’s stringent security standards. The platform demonstrates its versatility by accommodating the deployment of programs in widely used programming languages such as Rust and C++. This capability is made possible by Stylus, a feature that provides EVM+ equivalence.

Backed by a thriving ecosystem of DApps, wallets, tools, and partners, Arbitrum emerges as a frontrunner among Ethereum scaling solutions. Notable protocols such as GMX, Treasure, and Camelot underscore the platform’s robust ecosystem, further exemplified by its impressive TVL metrics and, at the time of writing, standing at approximately $2.643B.

What is the current circulating supply of ARB coins?

Arbitrum currently boasts a circulating supply of $2.65B coins out of 10 billion tokens. At the time of writing, Arbitrum is placed at #39 on CoinMarketCap’s ranking, with a live market cap totaling $2,812,485,579.

Where to buy ARB?

Arbitrum (ARB) can be conveniently acquired through various CEXs, like Binance, Coinbase, and Bitfinex. Additionally, for users inclined towards decentralized trading, ARB is listed on DEXs like Uniswap V3 (Ethereum), Uniswap V3 (Arbitrum), and SushiSwap (Arbitrum), offering flexibility and choice in trading venues.