🔥 The Arbitrum network has been successfully integrated into BSCStation Launchpad! 🔥
Today, we are happy to announce that BSCStation Launchpad has successfully integrated the Arbitrum Network into our Multi-Chain Protocol. As a result, from now on, BSCStation will be able to support Arbitrum-based projects to launch public sale events on our Launchpad Platform.
What makes Arbitrum unique?
Arbitrum offers several distinct features, including:
Trustless Security
Arbitrum leverages the Ethereum blockchain for security. It allows network participants to validate and dispute its Layer 2 data. Arbitrum also offers several security measures to identify fraudulent transactions by rewarding network participants.
Compatibility with Ethereum
Arbitrum reduces the barrier to entry for developers and users to get started on its platform. From a user’s perspective, using the network is similar to transacting on the Ethereum network. This is because any dApp developed on the Ethereum blockchain may operate immediately on Arbitrum as well.
Scalability
Arbitrum offers higher throughput than the Ethereum blockchain. It does so by moving computations away and storage off the main Ethereum chain. This helps free the network from congestion, boosting transactional capacity and speed.
Cheaper Transaction Cost
As an Ethereum scaling solution, Arbitrum not only increases Ethereum's transactional throughput but also lowers transaction costs. Through its highly efficient rollup technology, transaction costs can be drastically reduced to a tiny fraction of what they are on the Ethereum mainnet while still providing sufficient incentives for validators.
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About Arbitrum
Arbitrum is a layer 2 scaling solution for Ethereum.
Arbitrum’s architecture uses Optimistic Rollups to bundle all transactions done on the Arbitrum chain, and subsequently posts it on Ethereum. Arbitrum is an optimistic rollup which enables anyone to verify that transactions on Arbitrum are not fraudulent before they are posted on Ethereum through interactive proving. Interactive proving is a method that allows a dispute between two parties, the proposer and the challenger, to solve their dispute off-chain so that it’s more efficient & not as costly to post on Ethereum.
Arbitrum is a leading Ethereum Layer-2 scaling solution developed by OffchainLabs. Based on the Optimistic Rollup scheme, Arbitrum provides ultrafast, low-cost transactions without sacrificing the security of the Ethereum ecosystem. Launched on August 31st, 2021, Arbitrum has attracted 200+ ecosystem projects. Arbitrum is Marketing Playbook 3 currently EVM-compatible to the bytecode level. In the next upgrade, Arbitrum Nitro, Arbitrum will further increase developer experience by incorporating WASM support.
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About BSCStation
BSCStation - The fully decentralized protocol for launching new ideas. An all-in-one Incubation Hub with a full-stack Defi platform across all main blockchain networks. We provide exclusive services including IDO/INO Launchpad, Yield farming, NFT Auction, Marketplace, and BSCSwap
BSCStation operates on top of all the main blockchain networks and is designed to offer maximum value to consumers and institutions.
BSCStation platform uses the Sharing Economy Model for the purpose of profit-sharing, helping users to access DeFi platforms in the easiest, safest, and most cost-effective way. BSCStation is the most convenient bridge to connect users and application products on all main blockchain networks.