Series B Round

Arbitrum is a Layer 2 scaling solution designed to enhance the Ethereum experience by providing faster transaction speeds and lower costs, making blockchain technology more inclusive and sustainable. It aims to address Ethereum's scalability issues, enabling developers to build decentralized applications (dApps) with improved efficiency and reduced fees. The platform leverages optimistic rollups to process transactions off-chain while ensuring security through Ethereum's mainnet. This innovative approach not only improves transaction throughput but also significantly reduces gas fees, making it an attractive option for developers and users alike.