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Arbitrum Welcomes O3 Layer to its Ecosystem

Twitter icon  •  Published 12 hours ago  •  Hassan Maishera

On Monday, Arbitrum announced that O3 Layer is coming to the Arbitrum ecosystem, making it the first modular Layer 3 protocol to launch on the blockchain.

On Monday, Arbitrum announced that O3 Layer is coming to the Arbitrum ecosystem, making it the first modular Layer 3 protocol to launch on the blockchain. O3 Layer utilizes the Arbitrum Orbit tech stack to create a customizable, unique blockchain for smooth operation. 

Arbitrum Orbit handles the execution layer of O3 by creating a customizable blockchain on Arbitrum Orbit. By offloading execution to Arbitrum Orbit, a higher volume of transactions can be processed in parallel, reducing congestion and latency compared to Layer 1 or Layer 2. By embracing Arbitrum Orbit, the O3 Layer enhances its scalability and efficiency,

Arbitrum is a suite of scaling solutions on Ethereum that utilizes Optimistic Rollup. It allows users to enjoy faster speeds and cheaper transaction costs when interacting with web3 dApps. ARB, the native coin of the Arbitrum network, is down 4% today and is trading at $0.5448.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.