Arbitrum is a layer-2 scaling solution for Ethereum, designed to improve scalability and reduce transaction costs on the Ethereum network. It aims to address the challenges of network congestion and high fees by enabling faster and cheaper transactions.
Developed by Offchain Labs,…
Polygon, formerly known as Matic Network, is a layer-2 scaling solution for Ethereum. It is designed to address the scalability and usability challenges faced by the Ethereum blockchain, aiming to improve transaction speed, reduce fees, and enhance the overall user experience.
Polygon…
DeFi stands for "decentralized finance," which is a term used to describe financial systems that operate on a decentralized blockchain network. This means that instead of relying on centralized institutions like banks or governments to manage financial transactions, DeFi allows for peer-to-peer…