Ethereum faces scalability issues with high fees and slow processing times. Layer 2 solutions act as bypasses on Ethereum blockchain. Total Value Locked (TVL) in Layer 2s reaches 16 billion dollars
Arbitrum is a layer-2 scaling solution developed by Offchain Labs in 2021. Initially used Optimistic Rollups, later transitioned to Arbitrum Nova in 2022. Arbitrum One now operates alongside Nova, renamed to Arbitrum One
Arbiscan is a blockchain explorer for Arbitrum network, Ethereum's layer-2 scaling solution. Functions as blockchain search engine for transactions, smart contracts, and addresses. Enables real-time monitoring and analysis of network activity and gas fees
Arbitrum aggregates liquidity from multiple decentralized exchanges. Platform splits large orders across different liquidity pools. Pathfinder algorithm calculates optimal swap routes considering fees and slippage
Arbitrum is a layer 2 scaling solution by Offchain Labs. It aims to make Ethereum more scalable with faster transactions. TVL is currently $975M
EVM is Ethereum's virtual machine executing smart contracts. EVM compatible chains copy Ethereum code for faster development. EVM equivalent chains fully comply with Ethereum protocol specifications