What Is Arbitrum: Optimistic Rollups to Solve Scaling Without Compromise

Ethereum has grown so much that it’s having trouble keeping up with demand. Powering almost 3,000 DApps, completing over 150,000 transactions per day with over 50,000 daily active users, it’s become apparent that even Ethereum 2.0 won’t be scalable enough long-term. That’s why Ethereum scaling solutions such as Arbitrum are crucial to the long-term success of the Ethereum blockchain. 

Layer 2 solutions, including sidechains, channels, and rollups, provide Ethereum users and developers with increased speed and security without the price tag. Let’s discuss what is Arbitrum and how it takes rollups to the next level — for both beginners and advanced crypto enthusiasts.

What Is Arbitrum and What Is It Used For? 

Arbitrum is an Ethereum scaling solution designed to facilitate more transaction volume on the blockchain network at a lower cost. It uses the same tooling as Ethereum, so DApp developers can quickly, easily, and securely deploy apps on Ethereum using Arbitrum. 

In short, for those wondering what is Arbitrum and what it’s used for, Arbitrum is meant to facilitate more transactions, prevent fraud and lower the cost of operating on the Ethereum blockchain network. This Ethereum scaling solution will make DApp development seamless, fast, and secure by providing developers with an Ethereum-based platform that limits data stored on-chain.