What is ARB
Arbitrum is a layer 2 scaling solution for Ethereum that offers several benefits for developers and users. With Arbitrum, developers can create powerful and flexible smart contracts that can execute complex logic and interact with other contracts seamlessly. They can do so without being constrained by scalability or privacy limitations. Moreover, by moving computation and storage off the main Ethereum chain, Arbitrum enables faster and cheaper transactions with reduced congestion. Users can enjoy the benefits of Arbitrum's scalability and low fees without sacrificing the security of the Ethereum network, as Arbitrum's security is rooted in Ethereum's trustless architecture. Additionally, Arbitrum is compatible with unmodified EVM contracts and transactions, making it easy to integrate with existing Ethereum applications and tools.