LayerZero Labs, an omnichain interoperability protocol, has announced that it is now live on the Arbitrum Nova mainnet. The integration allows for ultra-low transaction costs. It increases the adoption of Arbitrum Nova, particularly in the gaming space. LayerZero is now live on @arbitrum Nova mainnet! pic.twitter.com/HX0OHQWdw1 — LayerZero Labs (@LayerZero_Labs)
Ethereum layer-2 rollups Arbitrum and Optimism’s daily transactions have increased in recent months. Meanwhile, Ethereum (ETH Mainnet) is experiencing a minor downtrend. As per reports daily active users have lately increased on Arbitrum and Optimism. The optimistic rollups, Arbitrum and Optimism aim to lower the cost of transactions for the
The scaling network Arbitrum moved to Nitro on 31st August. Bellatrix upgrade will be antecedent to “The Merge”. Ethereum network has updates queued in the coming days. The scaling network Arbitrum moved to Nitro on 31st Aug, as per a tweet made by the network. A Fully integrated layer 2
Arbitrum, Ethereum’s most popular Layer 2 solution today, has over $2.5 billion in total value locked up. While numerous Ethereum DeFi protocols, like Balancer and Uniswap, have already joined the mainnet since its August 2021 debut, more are anticipated to follow. Yesterday, due to a Sequencer failure, transactions could not
