On July 28, the platform announced that it had successfully migrated the Arbitrum Rinkeby testnet to the Nitro version.
According to the shared team, the official process of deploying Nitro on the mainnet will take place soon. Nitro is considered an upgraded version for the current Arbitrum One, a platform that is too prone to congestion before the invasion of a powerful bot army.
The upcoming version of Nitro will say goodbye to AVM (a virtual machine system) and move towards the WASM model.
Steven Goldfeder, the founder of Offchains Labs – the unit behind the development of Arbitrum– also shared a series of tweets about this milestone.
He said that the platform’s initial orientation has always been to develop around the original problem’s destination instead of emphasizing tools and solutions.
Sharing his expertise in security, Steven said that many people around him were surprised when he chose Optimistic Rollup technology for Arbitrum instead of zk (Zero-Knowledge).
The Scaling Wars to scale up for Ethereum are going very unpredictably, as many projects continuously announce their product roadmaps. After The Merge, Layer-2 solutions are expected to be a remarkable keyword shortly.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
Harold
CoinCu News
There’s always that one coin people wish they hadn’t overlooked. For many, Cosmos ($ATOM) is…
Cosmos Developer Interchain Foundation sold 3000 ETH from its ICO today, totaling 21,600 ETH sold…
George Town, Grand Cayman, 22nd November 2024, Chainwire
Inflation Warning by Vanguard highlights risks during Trump’s term, citing tariffs and tighter labor markets…
Clanker token trading volume hit $59.8M on Nov 21, accounting for 14.75% of PumpFun. Fee…
Bitcoin Spot ETF inflows hit $1.005B on Nov 21, led by BlackRock’s $608M and Fidelity’s…
This website uses cookies.