relationship between $ETH and $ARB
here are some
insight
again load your bags
buy $ARB for alt season
Arbitrum (ARB) is a layer-2 scaling solution for Ethereum (ETH), designed to improve the scalability and efficiency of the Ethereum network. Here's how ARB relates to ETH:
Key benefits
1. Scalability: Arbitrum helps increase Ethereum's transaction capacity, reducing congestion and fees.
2. Faster transactions: ARB's optimistic rollup technology enables faster transaction processing and confirmation.
3. Lower fees: By processing transactions off-chain and settling on Ethereum, ARB reduces gas fees.
How it works:
1. Layer-2 solution: Arbitrum operates on top of the Ethereum network, processing transactions and smart contracts.
2. Optimistic rollups: ARB batches transactions and submits them to Ethereum, ensuring security and finality.
ARB token:
The ARB token is used for governance and other ecosystem purposes within the Arbitrum network.
By enhancing Ethereum's scalability and efficiency, Arbitrum (ARB) aims to support the growth and adoption of the Ethereum ecosystem.