Although Ethereum is the most preferred blockchain, it does lack speed and scalability. That is why layer-2 solutions such as Arbitrum have been created.
Arbitrum is a layer-2 scaling solution that is designed to increase speed and scalability, while still retaining the privacy of Ethereum’s mainnet, to enhance Ethereum smart contracts.
There are several layer-2 scaling solutions currently available, but Arbitrum offers some additional features that others do not. In this article, I’m going to walk you through what Arbitrum is and how it works.