#arbitrum #arbitrumnova #arbitrumnitro Arbitrum Nitro is a layer 2 scaling solution for Ethereum developed by Offchain Labs, a blockchain development company founded in 2017. Nitro is designed to improve the scalability and efficiency of smart contracts on the Ethereum network by using a combination of off-chain computation and on-chain validation. According to the Nitro whitepaper, the Nitro system consists of two main components: the Nitro protocol and the Nitro virtual machine (NVM). The N...