Arbitrum, dominant second-layer solution for Ethereum (ETH), migrates to Nitro on its first mainnet anniversary
The latest upgrades in Arbitrum’s design are set to dramatically increase networth throughput, advance L1/L2 data logistics, and reduce Arbitrum transaction costs.
Arbitrum celebrates first anniversary, migrates to nitro
According to the official announcement of its team, Arbitrum network, a second-layer solution on the top of Ethereum, finally migrates to a new technical design, dubbed Nitro.
The Arbitrum One mainnet – a core product of Arbitrum Stacks – is now running entirely on nitro. Primarily, the upgrade has boosted Arbitrum’s speed, throughput, cost efficiency, and interoperability.
At the same time, with Nitro, Arbitrum network receives Geth (Go Ethereum) tracing instruments for better debugging and a safer “retryable” mechanism.
By some estimates, Arbitrum Nitro could reduce transaction costs by up to 27%. Meanwhile, even before the upgrade, Arbitrum transactions were 95% cheaper than Ethereum.
Arbitrum Odyssey might be restarted with Nitro
It should be noted that Nova, Arbitrum’s GameFi- and SocialFi-centric sidechain, was running on Nitro even before the Arbitrum One migration.
Steven Goldfeder, co-founder of Arbitrum maintainer Offchain Labs, highlighted that there are many more impressive upgrades being made to Arbitrum:
It took a year and another 5,507 commits to reach today’s launch, but the seeds were planted long ago. And now some alpha: Nitro is amazing, but we’ve already planted several seeds to make Arbitrum even better.
With Nitro activated, Offchain Labs could relaunch Arbitrum Odyssey, the largest community-driven event in the L2 segment. It was put on hold on July 1, 2022 due to unexpected fee hike.
