What Makes Arbitrum Different
Low Transaction Fees
Arbitrum's goal is to lessen the work that the main Ethereum chain has to do, resulting in lower transaction fees. For instance, while Ethereum fees can be a few dollars, Arbitrum fees are usually only a couple of cents. This has gained praise from Ethereum fans as a solution to the issue of high fees.
Arbitrum achieves its goal of reducing fees by utilizing Layer 2 (L2) scaling architecture. This architecture allows for off-chain computation and state transitions, which takes away the burden from the Ethereum mainnet and reduces the amount of work it has to do. As a result, transactions can be processed faster and at a lower cost.
Lightning-Fast Transaction Speed
Arbitrum is a Layer 2 blockchain designed to scale Ethereum, boasting one of its best attributes: high transaction execution speed. While Ethereum can only handle 20-40 transactions per second (TPS), Arbitrum can manage thousands. With Arbitrum Rollup, a sub-module within Ethereum, we no longer require Ethereum nodes to process every Arbitrum transaction. This "innocent until proven guilty" attitude toward Arbitrum allows Ethereum to optimistically assume that the activity is following the proper rules. In case a violation occurs, Ethereum can prove the fraud, and the malicious party will be financially penalized.
Safe & Secure Transaction Data
Aside from being quick and cost-effective, the Arbitrum chain has another ace up its sleeve - it provides you with the added assurance of secure and dependable transaction data through its trustless security. By settling transactions on Ethereum mainnet, the network benefits from the sturdy and decentralized model of the Ethereum ecosystem, which is as solid as a rock.