$ARB

Working principle of Arbitrum (ARB)

Arbitrum, developed by Offchain Labs, is a Layer-2 solution. It creates an off-chain computing network that allows faster and more cost-effective transactions while maintaining the security from the Ethereum blockchain.

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Arbitrum One includes a security mechanism that allows active fraud proofs and transaction challenges. However, it is still in the first stage and has not yet become completely permissionless.

Offchain Labs operates different Layer-2 networks on Ethereum, each with its own ecosystem. The first network, Arbitrum One, serves as the main chain.

This significant development in the Arbitrum network has not yet been fully reflected in the price. However, if the Layer-2 trend starts, BTC exceeds $ 65,000, or BTC dominance declines, ARB may start to rise.