Offchain Labs, the software developer behind the Arbitrum blockchain, is launching a new unit that will focus on fostering mainstream adoption of crypto networks.
Arbitrum is a so-called layer 2 blockchain that is used to facilitate faster and lower cost transactions on Ethereum, the most commercially successful crypto network. The total value of cryptocurrencies on Arbitrum stands at around $15 billion, or 41% of the total layer 2 market, according to tracker L2BEAT, making it the largest in the sector.
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Muyao Shen
https://www.bloomberg.com/news/articles/2024-08-14/blockchain-developer-offchain-s-new-business-unit-to-focus-on-wider-adoption?utm_source\u003dgoogle\u0026utm_medium\u003dbd\u0026cmpId\u003dgoogle
2024-08-14 13:00:00
