Project Name: Arbitrum
Introduction: Arbitrum (ARB) is a scaling solution for Ethereum that supports smart contracts without the limitations of scalability and privacy. Users enjoy low transaction fees and less congestion on Arbitrum. Arbitrum allows developers to create smart contracts by using code to specify the behavior of a virtual machine (VM) that implements the contract’s functionality. Additionally, developers can use Arbitrum for dramatic improvements in scalability and privacy.
The platform leverages the security provided by the Ethereum mainnet but allows smart contracts to run on a separate layer to reduce congestion within the network.The Arbitrum One ecosystem is a layer-2 mainnet which powers smart contracts that will later be validated by the Ethereum network (layer-1).
Summary:
| Ticker | ARB |
| Total Supply (Qty) | 10,000,000,000 ARB |
| Blockchain Support (Arbitrum) | https://arbiscan.io/token/0x912ce59144191c1204e64559fe8253a0e49e6548 |
| Official Website | https://arbitrum.io/ |
| Whitepaper | https://docs.arbitrum.foundation/gentle-intro-dao-governance |
Trade on AscendEX: https://ascendex.com/en/cashtrade-spottrading/usdt/arb
Deposit on AscendEX: https://ascendex.com/en/assets/assets-recharge/ARB
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