Arbitrum
Blockchain Service
Arbitrum is a project that uses Zk Rollup to record transactions on the Ethereum chain, they are implemented on the Sidechain to solve some of the shortcomings of the current Ethereum smart contract.
Dec 12, 2023 00:00:00
Dec 30, 2023 00:00:00
ICO Details
What is Arbitrum?
Arbitrum is a project that uses Zk Rollup to record transactions on the Ethereum chain, they are implemented on the Sidechain to solve some of the shortcomings of the current Ethereum smart contract. Specifically, the Arbitrum project will provide a solution to improve the transaction processing speed and scalability of smart contracts on Ethereum, and add security features to enhance the user experience use.
Arbitrum Unique Features
EVM compatibility: Arbitrum gains compatibility with the EVM virtual machine system, allowing programming languages like Solidity and Vyper to switch languages. This will make it easier for project developers to deploy decentralized financial applications on Arbitrum.
Low Transaction Costs: Thanks to the Zk Rollup scaling solution, Arbitrum not only provides a solution to improve transaction processing speed on Ethereum, but also helps to reduce the cost per transaction.
Fair Launch: Arbitrum launched the testnet in October 2020. The project then released the mainnet version at the end of August. Arbitrum will allow all projects to be able to develop on the mainnet of this platform. .
No Token Issue: Unlike many other projects, Arbitrum does not have its own utility token.
Development ecosystem: Arbitrum has partnerships with many decentralized financial applications on Ethereum such as Loopring, Uniswap, DODO…
Roadmap
On May 28, 2021, Arbitrum will fully release Beta 2.
On August 31, 2021, the project will release its first mainnet.
It is expected that in Q1 2022, Arbitrum will support Sidechain.
Arbitrum Token Economy
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Detailed Token Metrics
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Token Distribution
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Token Release Schedule
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Team Members
Partners & Investors
Arbitrum has attracted a number of well-known partners such as Uniswap and Chainlink. In addition, Arbitrum is invested by many well-known funds such as Lightspeed Venture Partners, Coinbase Ventures, Polychain Capital, Ribbit Capital, Redpoint Ventures, Pantera Capital and Alameda Research.