The first page of my study notes says: Understand it before placing an order.
Today's topic: Layer 2 networks
Optimistic Rollups initially assume transactions are valid and have a challenge period. Withdrawing to the mainnet through the official cross-chain bridge usually takes around 7 days.
When transferring funds, make sure to check which network you're using: assets at the same address on different networks aren't interchangeable.
$ARB is the governance token of the Layer 2 network Arbitrum. Currently at 0.1852.
Just my personal observations, not investment advice.
Today's topic: Layer 2 networks
Optimistic Rollups initially assume transactions are valid and have a challenge period. Withdrawing to the mainnet through the official cross-chain bridge usually takes around 7 days.
When transferring funds, make sure to check which network you're using: assets at the same address on different networks aren't interchangeable.
$ARB is the governance token of the Layer 2 network Arbitrum. Currently at 0.1852.
Just my personal observations, not investment advice.