Arbitrum, as of this writing, has the highest total value locked (TVL) across all Layer 2 protocols, at about $2.5 billionArbitrum, one of the leaders in Layer 2 scaling, has upgraded Arbitrum One to Arbitrum Nitro. The Nitro upgrade is expected to vastly increase network speeds and reduce transaction costs. The migration upgrade will reduce transaction costs through call data compression, increased Ethereum virtual machine (EVM) compatibility, and further advancing interoperability with Ethereum Layer 1, Arbitrum said. Over the past week, Arbitrum has also surpassed the second leading optimistic roll-up chain Optimism in daily transaction count.

    Guest: Steven Goldfeder, CEO of Offchain Labs

    #ethereum #crypto #cryptocurrency
    ~Ethereum Layer-2 Major Upgrade! | Arbitrum + Offchain Labs CEO interview~
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    8 Comments

    1. THE GOSPEL

      Moreover, brethren, I declare unto you the gospel which I preached unto you, which also
      ye have received, and wherein ye stand; 2 By which also ye are saved, if ye keep in memory what I preached unto you, unless ye have believed in vain. 3 For I delivered unto you first of all that which I also received, how that Christ died for our sins according to the scriptures; 4 And that he was buried, and that he rose again the third day according to the scriptures:
      – 1 Corinthians 15: 1-4 KJV

      Greater love hath no man than this, that a man lay down his life for his friends. – John 15:13 KJV

      SAVALATION

      For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.
      – John 3:16 KJV

      For God sent not his Son into the world to condemn the world; but that the world through him might be saved. John 3:17

      Jesus saith unto him, I am the way, the truth, and the life: no man cometh unto the Father, but by me.
      – John 14:6 KJV

      Neither is there salvation in any other: for there is none other name under heaven given among men, whereby we must be saved. Acts 4:12

      For if, when we were enemies, we were reconciled to God by the death of his Son, much more, being reconciled, we shall be saved by his life. Romans 5:10

      But he was wounded for our transgressions, he was bruised for our iniquities: the chastisement of our peace was upon him; and with his stripes we are healed. – Isaiah 53:5

    2. Still need to see a killer app, or we are going nowhere. Why would a billion users just show up one day. Nobody cares it seems about defi or nfts or stable coin usage when the government can just censor it and shut it down. Or all these lame meta verse places where user experience sucks

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