Blockchain Industry | What are Layer 2 networks?
Optimistic Rollups assume transactions are valid by default and have a challenge period. Withdrawing to the mainnet through the native cross-chain bridge generally takes about 7 days.
Layer 2 security mainly relies on Ethereum mainnet: both transaction data and results are posted to the mainnet. This is the main difference between Layer 2s and independent blockchains.
$ARB is the governance token of the Layer 2 network Arbitrum.
Be extra skeptical of projects claiming to offer stable, high returns.
#ARB
Just one person's opinion—take it with a grain of salt. This is not advice.
Optimistic Rollups assume transactions are valid by default and have a challenge period. Withdrawing to the mainnet through the native cross-chain bridge generally takes about 7 days.
Layer 2 security mainly relies on Ethereum mainnet: both transaction data and results are posted to the mainnet. This is the main difference between Layer 2s and independent blockchains.
$ARB is the governance token of the Layer 2 network Arbitrum.
Be extra skeptical of projects claiming to offer stable, high returns.
#ARB
Just one person's opinion—take it with a grain of salt. This is not advice.