# Horus on Arbitrum

**Published by:** [Horus Cash](https://paragraph.com/@horuscash/)
**Published on:** 2023-07-03
**URL:** https://paragraph.com/@horuscash/horus-on-arbitrum

## Content

@arbitrum is live on Horus Cash. We're bringing our easy smart contract deployment, SDKs, analytics and UI components to Layer 2 blockchains. Instant and cheap transactions with the full security of Ethereum. A few highlight Arbitrum is a Layer 2 chain, built on top of Ethereum which utilizes "arbitrum rollups", which performs the majority of computations off-chain, batches them together, and write the results to the Layer 1 blockchain (Ethereum). For developers and users, this means lower gas fees and faster transaction confirmation times, since the blockchain only performs "proof of confirmation" if a validator node is suspicious a transaction might be fraudulent. This means that when you interact with a smart contract on Arbitrum, your transactions require lower gas fees and are confirmed within seconds, providing a better user experience. Therefore, the network also offers a bridge solution on https://bridge.arbitrum.io/ to make the usage of Layer-1 (Ethereum) tokens possible. TVL on chain: ~$2.9 billion: Arbitrum TVL - DefiLlama 1 Data recorded at the beginning of July 2023 Number of protocols on the chain: >500: Arbitrum TVL - DefiLlama 1 Unique addresses: Over 9.5 million: Arbitrum Unique Addresses Chart | Arbiscan Number of unique active users: Nansen - Analytics for Crypto, DeFi and NFT We believe the Arbitrum One optimistic rollup is a great next step as a deployment option for Horus Cash for several reason: Arbitrum One is the leading DeFi ecosystem on Layer 2 despite not offering any protocol incentives Deploying to Arbitrum One can bring a lot of benefits (gas cost savings, fastest growing L2, etc.) Arbitrum is aligned with Vitalik’s vision of a rollup centric Ethereum roadmap 1 We are going to be back with good news. Soon.

## Publication Information

- [Horus Cash](https://paragraph.com/@horuscash/): Publication homepage
- [All Posts](https://paragraph.com/@horuscash/): More posts from this publication
- [RSS Feed](https://api.paragraph.com/blogs/rss/@horuscash): Subscribe to updates