What Is Arbitrum Protocol The Layer 2 Solution On Ethereum

Republished By Plato

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Arbitrum is essentially an L2 solution that has been designed to enhance the capabilities of Ethereum smart contracts. It does so by adding additional privacy features and increasing their speed and scalability.

The Arbitrum protocol aims to reduce most of the downsides and challenges that the Ethereum network is facing in its operation. In recent times, the Ethereum blockchain is facing a drastic increase in adoption. With this, the massive individual adoption on the ETH network keeps pushing forward as its user-based is rapidly and overwhelmingly growing like never before.

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