Following successful testnet, Arbitrum releases Nitro upgrade
The recently released Nitro update is tailored to reduce transaction time, and provide developers with an additional level of security
The Arbitrum development team has announced that the Arbitrum network's Nitro upgrade has been completed. This is an exciting step for the network, increasing transaction throughput and reducing operational expenses. Developers will also benefit from a better user experience, building applications directly on top of the Arbitrum network.
The Ethereum Layer 2 network has effectively upgraded the existing Arbitrum One network to Arbitrum Nitro on Wednesday. Offchain Labs, which is developing Arbitrum, announced the completion of the upgrade in a tweet. Now that Arbitrum Nitro has been launched, it can handle more transactions than before. This upgrade will make the network even more robust and functional.
Offchain Labs said, "This new version of Arbitrum is much more efficient and will allow us to bring our Blockchain technology to a whole new group of people." This update comes with several key improvements, including an increased number of transactions, an upgraded wallet client, and an upgrade to the blockchain protocol. This was done to improve its scalability, allowing Arbitrum to handle more transactions in real-time.
The latest upgrade to the Ethereum Layer 2 scaling solution, Arbitrum, has successfully included a new feature that could further reduce user transaction costs. "Nitro" is an upgrade that allows trailing zero bytes to be removed from transaction batches, resulting in significant savings.