Everyone is talking about the $ARBI airdrop but is it actually worth it? ๐
๐งต (1/10)๐๐ป
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๐นSo how many of you have stopped a transaction midway due to high gas fees? ๐
๐นWell thereโs a solution to it and some of you may have heard about it - Arbitrum One.
๐งต(2/10)
๐นWell thereโs a solution to it and some of you may have heard about it - Arbitrum One.
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๐นArbitrum One is a Layer-2 solution that aims to scale Ethereum while lowering the cost of using the chain.
๐นLayer 2 is a chain built and dependent on its Layer-1 chain, in this case Ethereum.
๐งต(3/10)
๐นLayer 2 is a chain built and dependent on its Layer-1 chain, in this case Ethereum.
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๐นThe transactions of Arbitrum cost less and confirm faster while inheriting the security of Ethereum.
But how is it done? ๐ง
๐นItโs all made possible by a technology called as the โoptimistic rollupโ
๐งต(4/10)
But how is it done? ๐ง
๐นItโs all made possible by a technology called as the โoptimistic rollupโ
๐งต(4/10)
๐นOptimistic rollups move the transactions off-chain where the transactions are bundled up & compressed before being submitted to Ethereum wherein they become immutable.
๐นThis saves users a lot of gas fees and a lot of block space.
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๐นThis saves users a lot of gas fees and a lot of block space.
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NOVA -
๐ธArbitrum has become the first EVM rollup technology to achieve the second stage of decentralization.ย
๐ธThe ecosystem is doing great as there are hundreds of projects on the chain, including major De-Fi projects likeย
๐๐ป $UNI & $CRV
๐งต(6/10)
๐ธArbitrum has become the first EVM rollup technology to achieve the second stage of decentralization.ย
๐ธThe ecosystem is doing great as there are hundreds of projects on the chain, including major De-Fi projects likeย
๐๐ป $UNI & $CRV
๐งต(6/10)
๐ธThe Arbitrum token will put governance power in the hands of the DAO. 12.75% of the $ARB token supply will be airdropped on March 23.ย
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๐ธAlso Arbitrum Orbit is about to launch which makes it -
Permissionless and easier than ever for developers to launch their own customized Layer 3 chains using Arbitrumโs best-in-class technology stack. ๐
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Permissionless and easier than ever for developers to launch their own customized Layer 3 chains using Arbitrumโs best-in-class technology stack. ๐
๐งต(8/10)
Arbitrum is giving away free tokens this week! Don't miss out on your chance to get rewarded for being part of the network.ย ๐๐ช
Rest, you can check your eligibility for the airdrop here ๐๐ป arbitrum.foundation
๐งต(9/10)
Rest, you can check your eligibility for the airdrop here ๐๐ป arbitrum.foundation
๐งต(9/10)
If you found this thread ๐งต helpful do give us a follow ๐ซก ๐ @ourcryptotalk
And if you are into crypto do check out our platform ๐๐ป
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๐งต(10/10)
And if you are into crypto do check out our platform ๐๐ป
app.ourcryptotalk.com
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