Arbitrum (ARBA leading Ethereum (ETHAtlas, a new layer-2 technology solution has been launched. upgradeThe move is an important step to reduce transaction fees and boost network efficiency.
Arbitrum’s Atlas upgrade The new version of the website is live
Offchain LabsAs the main developer behind ArbOS, has successfully activated the ArbOS 20 upgrade, dubbed “Atlas,” Arbitrum is a network of arbitrators.
The Atlas is now available as part of ArbOS 20. upgrade The Atlas integrates Ethereum Dencun and introduces Blob Transactions to simplify data processing. Atlas upgrade Arbitrum has announced that it will reduce the execution fee on transactions by another 10% from March 18.
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Off Chain Labs states that Layer 3 Rollup Chains constructed on top of Arbitrum One are eligible for automatic fee reductions.
ArbOS Atlas, the new operating system for Orbit L2 self-governed rollup chains, allows blob posting and offers similar advantages.
Offchain Labs further highlights that Arbitrum RaaS (Rollups-as-a-Service) providers like Altlayer, Caldera, Conduit, and Gelato have committed to upgrading existing Orbit chains to support the Atlas upgrade Ethereum is a cryptocurrency. upgrade.
The Atlas is also a great source of information. upgrade brings Arbitrum (ARBSupport for EIP-67880 will allow the EVM to be brought up-to-date with security standards. It opens the door to future EVM improvements.
Offchain Labs emphasized that by optimizing the transaction costs, Atlas could be made more efficient. upgrade The use of SocialFi and DeFi Exchanges, previously unpractical, will now be possible.
Dencun, Ethereum’s Dencun – the recent implementation upgradeIt is expected that the Ethereum Ecosystem will be adopted more readily with this initiative, which aims to reduce gas fees for L2 chains. It’s also important to remember that the immediate reduction of fees is contingent on project teams updating their architecture in order to comply with the new standard.
Arbitrum’s upcoming ‘unlocking’ event
Arbitrum has evolved through a number of improvements that have shaped its performance and capabilities. Atlas was the last major upgrade. upgradeKey enhancements on the network were significant for the project.
Arbitrum Nitro upgradeThis release, which was made in August of 2022, focused on increasing network speed and capacity to tackle scalability issues within the Ethereum eco-system. This upgrade The goal was to increase transaction efficiency and throughput, and lay a foundation for a robust and scalable Layer 2 system.
The Arbitrum DAO is also a newsworthy topic. opted To retract a proposed donation of around $1,28 million in ARB tokens for the Tornado Cash developers Roman Storm & AlexeyPertsev to cover their legal expenses. The decision was made after token holders voiced concerns over the possible legal liabilities associated with donations.
This proposal included a gift of roughly $1,28 million in ARB tokens to fund legal action against Tornado Cash developers.
The proposal was withdrawn due to concerns expressed by token holders about possible legal risks that could be associated with the donation.
Arbitrum Community’s willingness to Step Up and Offer financial Support for legal issues highlights the collaborative nature and importance of legal responsibility in the crypto ecosystem.
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Source: crypto.news