The Ethereum network has a lot going for it—it’s decentralized, reliable, supports smart contracts written in a programming language familiar to many crypto developers, and is home to a thriving decentralized finance (DeFi) industry.

However, Ethereum is also slow and expensive to use, and will remain so unless users opt to move to another blockchain (like Solana, Fantom or Avalanche), or until planned Ethereum upgrades speed things up within the next couple of years.

While the world waits, a third fix has arisen: scaling solutions. These are pieces of software that sit atop the base layer of a blockchain, in this case Ethereum, to speed things up. Arbitrum is one such scaling solution, and it’s become a popular venue for Ethereum users to complete their transactions.

On March 23, 2023, Arbitrum plans to airdrop its new ARB token, allowing holders to vote in decisions related to the prot

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Author: Robert Stevens

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