Arbitrum One block

Hash

0x5014f1fc12a0156d5e6ce1ffa9d75970668ef101a0fcfeb1ebe62fdca829239c

17 Jun 2024 14:37:42 UTC (1 month ago)

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Arbitrum One is a Layer 2 scaling solution for Ethereum that aims to improve its scalability and reduce gas fees by executing transactions off-chain while leveraging the security of the main Ethereum network. It uses a technology called Rollup to aggregate and process multiple transactions outside the Ethereum main chain, before submitting batched proofs back to it, therefore enhancing transaction throughput and efficiency.