Arbitrum and Optimism are both Layer 2 scaling solutions for Ethereum, but they differ in implementation and governance, ecosystem development, and application development.
Arbitrum uses a virtual machine based on Solidity and runs EVM bytecode in the virtual machine, making Arbitrum compatible with the Ethereum network. Optimism uses a virtual machine called Optimistic Virtual Machine (OVM), which has higher performance and efficiency.
In terms of governance mechanism, Arbitrum adopts a decentralized model that allows community members to participate in decision-making and governance of the network, while Optimism uses a DAO-based model that gives decision-making power to token holders.
In addition, Arbitrum is committed to creating a comprehensive Layer 2 ecosystem to provide developers and users with better user experience and usage experience, while Optimism focuses on providing better support and performance for decentralized finance (DeFi) applications, and promoting the development of decentralized finance through close integration with the Ethereum ecosystem.
Therefore, which solution to choose depends on specific application requirements and development strategies. Both are excellent expansion solutions and can be selected according to your needs.
