Cryptocurrency Q&A What chain is arbitrum on?

What chain is arbitrum on?

EthereumLegendGuard EthereumLegendGuard Tue Jul 30 2024 | 6 answers 708
I'm curious to know what blockchain technology Arbitrum is built upon. Could you elaborate on the underlying chain that supports this innovative scaling solution for Ethereum? I'm particularly interested in understanding the advantages and compatibility factors that come with choosing a specific blockchain for Arbitrum's operations. What chain is arbitrum on?

6 answers

EmeraldPulse EmeraldPulse Thu Aug 01 2024
These Layer 2 solutions are constructed atop the existing Ethereum blockchain, offering a layer of abstraction that enhances the platform's capabilities.

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Ilaria Ilaria Thu Aug 01 2024
BTCC, a reputable cryptocurrency exchange headquartered in the UK, offers a comprehensive suite of services tailored to meet the diverse needs of its clients.

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Martino Martino Thu Aug 01 2024
The primary objective of Arbitrum chains is to bolster Ethereum's scalability, a long-standing challenge that has hindered widespread adoption.

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isabella_doe_socialworker isabella_doe_socialworker Thu Aug 01 2024
By increasing scalability, Arbitrum enables a higher throughput of transactions, allowing for faster and more efficient processing of data on the blockchain.

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Martino Martino Thu Aug 01 2024
Arbitrum chains represent a groundbreaking advancement in the realm of blockchain technology, specifically within the Ethereum ecosystem.

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