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Cryptoknowmics 2022-08-30 07:38:02

Ethereum Layer-2 Scaling Solution Arbitrum Ready For Major Upgrade

The Nitro network upgrade, announced by Arbitrum, a Layer 2 scaling solution for Ethereum, will take place on August 31 – the platform’s first anniversary. In a tweet on August 29, Arbitrum reaffirmed the date of the “Nitro” update, stating that it will go into effect on August 31 at 10:30 AM ET. Reminder — Arbitrum One is upgrading to Nitro on Wednesday 8/31. 🚀 There will be 2-4 hours of planned network downtime, starting 10:30 AM ET / GMT-4. 📅 2️⃣ days until Nitro! 🥳 — Arbitrum (@arbitrum) August 29, 2022 Ethereum Layer-2 Scaling Solution Arbitrum Contracts and front-ends can now be ready for testing and migration by developers. To aggregate volumes of transactions from Ethereum smart contracts and decentralized apps off-chain before submitting them to Ethereum, Abritrum is an Ethereum layer-2 scaling solution. Offchain Labs claims that at its core, Nitro is a novel prover that can do WebAssembly (WASM) code versions of Arbitrum’s traditional interactive fraud proofs. It implies that the custom-designed language and compiler currently in use can get replaced by the L2 Arbitrum engine written and compiled using standard languages and tools. Shadow Fork Migration A shadow fork migration was completed on August 24 as a final practice run before the mainnet migration. For observation and testing reasons, it will operate as a parallel chain that continues to accept incoming transactions from the primary chain, Arbitrum One. A ...

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