Arbitrum is the Number 36 Cryptocurrency in the World.The 1.24 symbol is ARB and Market Cap is 1588034190 Dollars.ARB ATH Was 8.67 at 2023-03-23T13:10:03.106Z and ATL was 1.057 at 2023-05-08T18:10:27.396Z.
In the last 24h, ARB high was 1.27$ And the low was 1.19$
- Name: Arbitrum
- Symbol: ARB
- MarketCap: 1588034190$
- Rank: 36
- Price: 1.24 USD
- Categories: Layer 2 (L2), Arbitrum Ecosystem, Ethereum Ecosystem, Arbitrum Nova Ecosystem,
- Original Network : arbitrum-one
Arbitrum Price Info
|ATH (ALL TIME HIGH)||8.67$|
|ATH Price Percentage Change To Now||-85.64097%|
|ATL (ALL TIME LOW)||1.057$|
|ATL Price Percentage Change To Now||17.85655%|
|Price Change Percentage in 7 Day||10.78269%|
|Price Change Percentage in 30 Day||-10.00029%|
|Price Change Percentage in 60 Day||-8.37935%|
|Price Change Percentage in 200 Day||%|
|Price Change Percentage in a Year||%|
Arbitrum Website And Social Media:
- Twitter: Twitter.com/arbitrum
Arbitrum Contracts and Networks:
ARB Historical Chart
Arbitrum Candlestick Chart
What is Arbitrum Cryptocurrency?
Arbitrum cryptocurrency is an innovative blockchain platform that provides a secure and fast way to extend and store data for developers and businesses. Unlike other blockchains, Arbitrum implements layer 2 scaling mechanisms – creating a network of side blockchains with scaling capabilities far greater than the main consensus layer. Designed with the goal of providing faster transaction speeds and lower costs, Arbitrum strives to become the go-to platform for developers, businesses and individuals looking to branch out into the ever-evolving world of blockchain technology.
How Arbitrum Cryptocurrency Works
The Arbitrum protocol is based on the customized consensus layer of Bitcoin, which means that its code is interoperable with that of Bitcoin. That being said, its layer 2 scaling mechanisms offer a much higher throughput rate. With its specialized consensus layer, Arbitrum is able to process hundreds of transactions per second – a rate that is substantially faster than the tens of transactions per second rate that Bitcoin is capable of achieving.
The main goal of the Arbitrum cryptocurrency protocol is to create a platform that is robust, reliable and efficient. It seeks to achieve this goal through its use of layer 2 scaling mechanisms. Under the Arbitrum protocol, developers and businesses have the ability to create their own side blockchains. This allows them to develop applications, transactions and data without applying to the main consensus layer. By allowing these transactions to occur on side chains, the amount of transactions processed on the main layer can be reduced and speeds can be increased.
Benefits of Arbitrum Cryptocurrency
The primary benefit of utilizing the Arbitrum cryptocurrency protocol is its ability to increase transaction speeds. By allowing developers and businesses to create their own side blockchains, it reduces the pressure on the main layer and thus reduces the amount of time and energy needed to process large volumes of transactions. In addition, because side chains are separate from the main layer, they are also more secure – providing better protection against 51 percent attacks.
Arbitrum is also beneficial to developers, as it provides an efficient platform for creating and deploying applications, data and smart contracts. Through the Arbitrum platform, developers can create custom side chains for their projects, allowing them to easily integrate with existing applications and blockchain networks. The platform also supports a variety of programming languages, making it easier for developers to create smart contracts, applications and various protocols.
Arbitrum cryptocurrency is an innovative blockchain-based platform that has the potential to revolutionize the blockchain industry. By allowing developers and businesses to create their own side blockchains, it increases transaction speeds and provides a more secure environment. Furthermore, its scalability and ease of use make it an attractive platform for developers, businesses and individuals looking to delve into the world of blockchain technology.
Exchanges List. where To Buy Arbitrum ARB
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