Cryptocurrency Q&A
What network is arbitrum under?
What network is arbitrum under?
TimeRippleOcean
Tue Sep 10 2024
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7 answers
1632
Could you please clarify which network Arbitrum operates under? I understand that Arbitrum is a popular layer-two scaling solution for Ethereum, but I'm curious about the specific network architecture it's built on. Is it a sidechain, a rollup, or something else entirely? Understanding the underlying network of Arbitrum is crucial for assessing its scalability, security, and compatibility with other blockchain projects.
7 answers
SilenceStorm
Thu Sep 12 2024
The settlement layer ensures that all transactions completed on Arbitrum are secure, verifiable, and integrated into the broader Ethereum ecosystem.
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CherryBlossom
Thu Sep 12 2024
Arbitrum, as a Layer 2 solution, operates independently from the Ethereum mainnet but maintains a strong connection, functioning alongside and atop it.
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CryptoTamer
Thu Sep 12 2024
By using Layer 1 as a settlement layer, Arbitrum benefits from Ethereum's robust security features and decentralized nature.
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SsamziegangSerenadeMelodyHarmony
Thu Sep 12 2024
This architecture allows Arbitrum to process transactions "off-chain," enhancing scalability and efficiency.
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EnchantedPulse
Thu Sep 12 2024
Data related to completed transactions on Arbitrum is subsequently posted to Layer 1, ensuring transparency and compatibility with other Ethereum-based applications.
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