Arbitrum
Introduction
The Arbitrum network is a Layer 2 scaling solution for Ethereum, designed to enhance the speed and cost-efficiency of transactions while maintaining the security and decentralization of the Ethereum blockchain. It achieves this by leveraging Optimistic Rollups, a technology that processes transactions off-chain and posts summarized data to Ethereum for verification.
Key Features of Arbitrum:
Layer 2 Scaling:
Arbitrum processes most transactions off-chain, reducing congestion and lowering fees compared to Ethereum's mainnet.
Optimistic Rollups:
This approach assumes transactions are valid ("optimistically") and only runs computation on-chain if there is a challenge, enhancing efficiency.
Ethereum Compatibility:
Fully compatible with Ethereum smart contracts, allowing developers to migrate existing dApps to Arbitrum with minimal changes.
Low Fees:
By processing transactions off-chain, Arbitrum significantly reduces gas fees for users.
Fast Transactions:
Transactions are processed more quickly than on the Ethereum mainnet, improving user experience.
Secure by Ethereum:
All data and transaction proofs are ultimately secured by Ethereum's robust consensus mechanism.
Arbitrum One:
The flagship rollup chain under the Arbitrum ecosystem, widely used for decentralized finance (DeFi) and NFT applications.
Arbitrum Nova:
A separate chain optimized for gaming and social applications with high transaction throughput needs.
Arbitrum is popular among developers and users seeking cost-effective, scalable solutions while leveraging Ethereum's decentralized and secure environment.
How to Interact
Get your API Key from Forbole's RPC.
Test the query as follow:
curl https://rpc-mainnet-arbitrum-fullnode.forbole.com \
-X POST \
-H "Content-Type: application/json" \
-H "apikey: {apiKey}" \
-d '{"jsonrpc":"2.0","id":1,"method":"eth_blockNumber"}'Response Example
{
"jsonrpc": "2.0",
"id": 1,
"result": "0x10c288b1"
}Last updated
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