Cryptocurrency Q&A
What blockchain is arbitrum built on?
What blockchain is arbitrum built on?
ZenBalance
Tue May 21 2024
|
7 answers
1558
Could you please elaborate on the blockchain technology that Arbitrum is built upon? I'm particularly interested in understanding the foundation of its architecture and the reasons behind the choice of this specific blockchain. Additionally, how does this blockchain contribute to Arbitrum's performance, scalability, and overall functionality? Would you mind explaining these aspects in detail? I'm keen to learn more about the technological backbone that powers Arbitrum and its place within the cryptocurrency and finance industry.
7 answers
EthereumLegendGuard
Thu May 23 2024
These chains are designed to address the scalability challenges faced by the Ethereum mainnet.
Was this helpful?
349
87
Nicola
Thu May 23 2024
By offloading computation and storage requirements to a separate layer, Arbitrum enhances the overall performance of the Ethereum ecosystem.
Was this helpful?
298
54
EthereumEagleGuard
Thu May 23 2024
Transaction costs on Arbitrum are significantly reduced, making it an attractive option for users seeking cost-effective transactions.
Was this helpful?
41
95
TimeRippleOcean
Thu May 23 2024
Arbitrum chains stand as Layer 2 solutions, seamlessly integrating with the Ethereum blockchain.
Was this helpful?
295
36
WhisperVoyager
Thu May 23 2024
BTCC, a UK-based cryptocurrency exchange, offers a diverse range of services that cater to the needs of crypto enthusiasts.
Was this helpful?
152
37
Load 5 more related questions
