ARBITRUM

A Layer-2 blockchain for secure scaling of Ethereum

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Overview

 Arbitrum is a technology suite designed to scale Ethereum. You can use Arbitrum chains to do all things you do on Ethereum — use Web3 apps, deploy smart contracts, etc., but your transactions will be cheaper and faster. Our flagship product — Arbitrum Rollup — is an Optimistic rollup protocol that inherits Ethereum-level security.
Nitro represents the latest step in the evolution of Arbitrum technology; it is an upgrade from the tech stack first released on the mainnet Arbitrum One chain, which we now refer to as “Arbitrum Classic”.
Arbitrum’s native token is called ARB and is used for governance. Offchain Labs, the developers behind Arbitrum, announced the shift to a decentralized autonomous organization (DAO) structure — the Arbitrum DAO. ARB holders can vote on proposals that affect the features, protocol upgrades, funds allocation and election of a Security Council.
Current Price:$1.08
Market Cap:$4,434,562,509 (#42)
Volume (24h):$1,773,271,850
Circulating Supply:4,097,359,817
Total Supply:10,000,000,000
All-Time High:$2.39 (1/12/2024)
Last Update:Dec 03, 2024 09:28:40
More Info:CoinGecko

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Project Rating

We take the following into consideration when forming our opinion: White Paper, Team, Partners, Marketing, Use Case, Tokenomics, Market Size, Competitors, Roadmap, Technology, Progress to Date, Advisors and Board Members. Our rating is not intended to endorse or promote an investment in any specific cryptocurrency.

(3.5 out of 5)

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Blog

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Project Videos

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News & Updates

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Influencer/Misc Videos

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Blockchain Friends

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