PRESS RELEASE. The Next Link In Blockchain Has Arrived. Launched in 2021, Arbitrum takes the exceptional security of Ethereum one step further with a class-leading Layer 2 solution that solves many of the scalability issues associated with Layer 1 chains. As ProBit Global’s latest listing, the exchange is excited to offer its users a time-limited 50% discount on ARB, the newly minted governance token of Arbitrum. Some of Arbitrum’s major advantages include its lower operating costs, rapidly expanding dApp ecosystem and wide suite of developer tools.
A Layer 2 Solution Set To Dominate
By executing transactions off-chain, Arbitrum is able to offer lower gas fees than Ethereum, while also reducing load on the Ethereum mainnet. This is also one of the key reasons for Arbitrum’s superior TPS processing, with the network recently surpassing Ethereum in total transactions processed. Using highly efficient rollups enables developers to easily create scalable dApps, while shuttling smart contracts between Arbitrum and the Layer 1 chain ensures an enhanced level of fraud-proofing and security.
The Arbitrum network has had significant buy-in from developers, thanks in large part to factors such as EVM (Ethereum Virtual Machine) compatibility. Developers familiar with Ethereum programming do not need to master a new language before building on Arbitrum, as a variety of languages can be compiled EVM. Smart contracts can easily be migrated to Arbitrum from Ethereum without having to be re-written.
Another feather in the Arbitrum network cap is its interoperability: the Layer 2 chain offers support for cross-chain transactions, allowing developers to create dApps with multiple use cases. Users can interact with other blockchains and exchange assets on Arbitrum, making it a supremely versatile protocol.
As the largest Layer 2 chain on the Ethereum network, Arbitrum boasts a TVL (total value locked) of $3.8 billion, and at 55%, holds a decisive majority of Layer 2 market share.
ARB Token Launch: An Exciting Future Ahead
The launch of Arbitrum’s ARB governance token marks the beginning of a new chapter for a project that is set to dominate the Layer 2 landscape. With the introduction of its native ARB token, Arbitrum will place power in the hands of its community to vote on changes affecting the network and management of Arbitrum at large.
Given that much of the Arbitrum network’s post-launch growth has been organic, the broad adoption and interest amongst crypto enthusiasts and developers bodes well for the growth and success of the Arbitrum ecosystem. ARB is poised to propel the Arbitrum blockchain into the next era.
ProBit Global is thrilled to announce an Exclusive Event for users looking to claim a stake in this next-gen Layer 2 protocol. Offering ARB at 50% discount, users have access to a maximum of 10,000 USDT worth of ARB allocations by subscribing with PROB token.
The event runs for only a week, so don’t miss this amazing opportunity. Purchase ARB at 50% OFF starting from March 28 (UTC 2:00) up to April 3, 2023 (UTC 2:00), only at ProBit Global!
ABOUT PROBIT GLOBAL:
Founded in 2018, ProBit Global is a Top 20 cryptocurrency platform featuring access to more than 800 cryptocurrencies and over 1000 different markets. ProBit Global aims to position itself as a world-class exchange for both crypto enthusiasts and novice investors, and boasts a user base of more than 2,000,000 active users, globally.
With a powerful crypto trading interface, easy integration for automated crypto trading bots, fiat on-ramp support for 45 currencies, and a multilingual website in 46 languages, ProBit Global has all the features to make your cryptocurrency trading experience easy.
To learn more, visit probit.com.
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