Compared to other blockchain networks, the Arbitrum blockchain offers significant advantages for both platform owners and users. Let’s explore what makes an Arbitrum blockchain different from other blockchain networks. Arbitrum uses optimistic rollups technology for transactions.
This technology bundles multiple transactions into one and sends them all at once. This significantly reduces transaction fees and speeds up transactions. Since Arbitrum is a layer 2 solution of Ethereum, it offers high security similar to Ethereum. Thus, Arbitrum offers many features similar to Ethereum with low transaction costs, making it ideal for startup founders.
The Arbitrum blockchain is completely EVM (Ethereum Virtual Machine) compatible. That’s what a lot of Ethereum-based apps run on Arbitrum. This greatly helps developers as they don’t need to learn any new programming languages or tools. A reputable Arbitrum blockchain development company will build it with the right technology stack.
