Arbitrum

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13 Jan 2024

Hello. In this article, I will try to give information about the arbitrum that you have recently encountered. I wish you pleasant readings.

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Arbitrum ;
Arbitrum is the Layer 2 (L2) protocol, which provides an innovative solution to the scaling and speed problems faced by the Ethereum block chain. Developed by Offchain Labs, this platform aims to increase the speed of transactions and reduce their costs while maintaining the decentralized and safe structure of Ethereum.
With a simpler expression ;
Imagine a big shopping center. Let's name this shopping center Etherium. There are too many shops in this shopping center. Hepsi sells its own products. There is a lot of intensity, but this can sometimes cause the system to slow down. It is Arbitrum, which realizes the problem here. He knows that no one wants to do slow and expensive. Based on this, it develops a faster and cheaper system. Arbitrum is not just a cryptocurrency. Arbitrum is a layer 2 solution that makes operations in Ethereum blockchain more efficient. Layer has been added to 1 and increased its process capacity.

ARB COİN

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Arbitrum, ARB Token is traded on stock exchanges. ARB is the local governance token of the Arbitrum network. 12.75 percent of the Total ARB Token supply began to be distributed to users and DAOs that meet the criteria as of 23 March 2023. The main task of the ARB Token is to ensure that the arbitrum ecosystem has decentralized management. You can get fixed coins such as USDT in Kucoin through P2P or third -party vendors. Alternatively, you can transfer your existing crypto assets from another wallet or stock exchange to Kucoin. Arbitrum was developed by Offchain Labs, based on the United States. The ARB coin is used in the governance of the arbitrum network. ARB owners vote for changes on the network and contribute to the management of the network. The total supply of the coin is limited to 10 billion units. Currently 1 arbitrum is approximately $ 1.76. The highest price for arbitrum (ARB) is $ 2.11 and the Jan 04, 2024 was recorded. This is the highest price of all time. On March 16, 2024, 1.11 billion ARB will take place. This will be the first of the 4-year lock opening plan of this Ethereum Layer-2 project.
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