Arbitrum is a layer-2 scaling solution for the Ethereum blockchain, designed to improve the network's scalability and reduce high gas fees. It is developed by Offchain Labs and is an example of an Optimistic Rollup solution. Key Features of Arbitrum:Scalability: Arbitrum aims to significantly increase Ethereum's transaction throughput by processing a large number of transactions off-chain and then providing a summary to the Ethereum mainnet. This approach relieves congestion on the ...
