Arbitrum is a Layer 2 scaling solution for Ethereum that aims to improve the network's scalability and reduce gas fees. It works by creating a sidechain that is anchored to the Ethereum mainnet and allows for faster and cheaper transactions. One of the key features of Arbitrum is its use of optimistic rollups, which are a type of Layer 2 scaling solution that enables high throughput and low fees. The technology essentially batches multiple transactions and verifies them on the sidechain,...
