🐋 Beyond watching the market, this basic concept is worth understanding too: Layer 2 networks
In March 2024, Ethereum’s Dencun upgrade introduced blob data (EIP-4844), significantly reducing the cost of Layer 2 networks submitting data to the mainnet.
Layer 2 transactions are cheaper because large batches of transactions are submitted to the mainnet together, with the mainnet fees shared among them.
$ARB and $OP are the governance tokens of Arbitrum and Optimism, respectively.
Every potential return comes with corresponding risks. Think about the worst-case scenario first.
#ARB
This is not investment advice or a recommendation to buy or sell. You assume all risks.
In March 2024, Ethereum’s Dencun upgrade introduced blob data (EIP-4844), significantly reducing the cost of Layer 2 networks submitting data to the mainnet.
Layer 2 transactions are cheaper because large batches of transactions are submitted to the mainnet together, with the mainnet fees shared among them.
$ARB and $OP are the governance tokens of Arbitrum and Optimism, respectively.
Every potential return comes with corresponding risks. Think about the worst-case scenario first.
#ARB
This is not investment advice or a recommendation to buy or sell. You assume all risks.