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Learn about Arbitrum ecosystem
Arbitrum is a layer-2 scaling solution for Ethereum, designed to improve the scalability and usability of the Ethereum network. The Arbitrum ecosystem consists of several components that work together to provide faster and cheaper transactions on the Ethereum network, including:
- Arbitrum Rollup: This is the core technology behind Arbitrum, and is a type of sidechain that runs on top of the Ethereum network. Transactions are processed off-chain, and only the final result is posted back to the Ethereum network. This allows for faster and cheaper transactions while maintaining the security and decentralization of the Ethereum network.
- Arbitrum Bridge: This is a smart contract on the Ethereum network that allows users to move assets between the Ethereum network and the Arbitrum Rollup. This allows users to easily move assets between the two networks and take advantage of the benefits of Arbitrum.
- Arbitrum Explorer: This is a user interface that allows users to view and interact with the Arbitrum network, including viewing transactions, checking account balances, and interacting with smart contracts.
- Developer Tools: The Arbitrum ecosystem also includes a range of developer tools, including documentation, SDKs, and APIs, to help developers build and deploy applications on the Arbitrum network.
The Arbitrum ecosystem is designed to provide a more scalable and efficient solution for Ethereum, and has the potential to significantly improve the usability of decentralized applications (dApps) and other Ethereum-based services.