# Arbitrum By [GEM_LABS (๐Ÿ’Ž,๐Ÿ’Ž)](https://paragraph.com/@kruzin) ยท 2023-03-19 --- What is Airdrop Arbitrum? Arbitrum is a cryptocurrency that can be used to pay for goods and services. It is also used to buy other cryptocurrencies such as Bitcoin and Ethereum. Arbitrum works by creating new blocks using a process called mining, which involves solving complex mathematical equations using powerful computers. Arbitrum was created by a group of developers who wanted to create an alternative currency that would be easier for people with limited computer knowledge or resources (for example, those living in developing countries) to use than other cryptocurrencies such as Bitcoin or Ethereum. --- *Originally published on [GEM_LABS (๐Ÿ’Ž,๐Ÿ’Ž)](https://paragraph.com/@kruzin/arbitrum)*