What is Layer 2?
Rollups are currently the most popular Layer 2 solution, and are divided into two types: Optimistic Rollups and ZK Rollups. In March 2024, Ethereum’s Dencun upgrade introduced blob data (EIP-4844), significantly reducing the cost of submitting data from Layer 2 to mainnet.
Layer 2 security relies to a large extent on Ethereum mainnet: data and results ultimately need to be settled on mainnet. This is the main difference between Layer 2 and sidechains.
$ARB is the governance token of the Layer 2 network Arbitrum. Current price: 0.1862.

#ARB

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