This is probably the most joyful event for the entire CIS over the last year, because according to our senses it was you and I who received almost all tokens from airdrop (I think for sure >50% of the suply).
- Why?
- Overseas, people aren't very smart about multi-accounts, and in general it's not a norm to abuzz something there.
- Add to that the fact that there are no channels/sources for anddrop on eng-audience
- And most importantly, there's a super small maximum reward of 18,000 tokens per account * Whatever whale you are, you won't get much (compared to $BLUR or $HFT)
Arbitrum is an EVM network, it can be added to Metamask and in general its interaction with it is almost the same as its big brother, Ethereum
However, it has a few features that completely change the course of stigma:
No mempool - you can't see current transactions that are not yet in the block and have been sent recently. / For this reason there is no how-to frontrunner and other MEV stuff here.
No GasPrice - You can't put GasPrice above others to have your transaction processed faster than others. / All you are allowed to do is put a MaxBid for GasPrice, in the end everyone on the block will have the same commission.
Non-Static Gas Limit - Depending on GasPrice in Ethereum, GasLimit in Arbitrum changes. / In all popular networks, the native coin transfer is a 21,000 limit. In Arbitrum, even such a transfer always consumes a different amount of gas.
Very fast and large blocks - a block lasts ~1 second, and its limit is more than a trillion gas (for comparison, on the air - 30 million) / However, although the block has such a large limit, I could not find a really large block. Even during periods of heavy load, the block only consumed a couple million
Problems that can occur
Okay, we've covered the technical stuff, now let's break down what problems you might have with tokenization:
Public nodes will be very slow - There aren't many of them in general, and the requests and peaks will just be very heavy. / It might be worth buying a custom Noda, raise your own if you want to reassure yourself 2
Low MaxBid - You sent a transaction with low maxGasPrice and baseFee went to the moon fast and now you have to wait/accelerate the transaction / And all this acceleration and just pending is still a bunch of each Metamask's requests to nodes :) 3
Low GasLimit - Generally a minor problem, but possible. / If your transaction takes a long time to process, and GasPrice in Ethereum goes up, the limit may no longer be enough to process the transaction