Arbitrum

Arbitrum serves as a Layer 2 scaling solution for Ethereum, leveraging rollups to significantly boost scalability and reduce transaction costs while maintaining robust security. It enables developers to execute EVM-compatible smart contracts with a substantially higher transaction throughput and lower fees compared to Ethereum's main chain, making it a compelling platform for decentralized application development.

Token symbol:
ARB

Metrics Overview:
Arbitrum TPS is 23.99 transactions per second
Arbitrum Max TPS is 944 transactions per second
Arbitrum Max Theoretical TPS is 40,000 transactions per second
Arbitrum block time is 0.25s
Arbitrum time to finality is 16m
Arbitrum is a Layer 2 blockchain
Arbitrum governance model is on-chain
Arbitrum was launched on Aug 31, 2021 (3 years ago)