Ethereum

Arbitrum

<p>Arbitrum, a prominent <a href="https://blockchainreporter.net/glossary/layer-2/" rel="noopener noreferrer nofollow">layer-2</a> scaling solution for <a href="https://blockchainreporter.net/price-prediction/ethereum-price-prediction/" rel="noopener noreferrer nofollow">Ethereum</a>, has rolled out its latest upgrade, ArbOS 20 “Atlas,”. With this release, Arbitrum introduces support for Ethereum Dencun upgrade which was implemented on 13th of March 2024. Through this, Arbitrum will enhance transaction efficiency and lower costs across its chains.</p><h2 id="header-0">ArbOS 20 Paves the Way for Lower Costs and Enhanced Security</h2><p>ArbOS 20, aptly named “Atlas,” represents a leap forward for the Arbitrum ecosystem, aligning it with Ethereum’s latest network upgrade. The integration of Ethereum Dencun support enables Arbitrum chains to benefit from reduced transaction costs, improved storage capabilities, and enhanced security measures.</p><p>Arbitrum’s architecture, powered by Nitro nodes, utilizes ArbOS to provide L2-specific logic, facilitating block production, execution, and bridging functionalities. With each iteration, ArbOS evolves to incorporate new core technologies, contributing to the scalability and robustness of Arbitrum chains.</p><p>The introduction of Ethereum Dencun to Arbitrum through ArbOS 20 “Atlas” brings several key benefits to developers and users alike. Notably, it significantly reduces Ethereum L2 transaction costs by introducing innovative features such as Blob posting, storage optimizations, and memory copying enhancements. These improvements streamline transaction processing and pave the way for a wide range of new use cases on Arbitrum.</p><p>Moreover, ArbOS 20 “Atlas” has undergone rigorous auditing and approval processes by the Arbitrum <a href="https://blockchainreporter.net/glossary/decentralized-autonomous-organization-dao/" rel="noopener noreferrer nofollow">DAO</a>, ensuring its reliability and security for all DAO-governed chains. Additionally, self-governed Orbit L2 roll-up chains can independently deploy ArbOS 20 to access the benefits of Ethereum Dencun support.</p><h2 id="header-1">Arbitrum Embarks on Next Phase</h2><p>In anticipation of the upcoming changes, Arbitrum is set to implement additional gas fee reductions for Arbitrum One by March 18, 2024. These reductions, combined with the benefits of Ethereum Dencun support, are expected to significantly lower transaction costs across Arbitrum chains.</p><p>Arbitrum’s commitment to innovation and collaboration is evident in its contribution to the Ethereum Dencun upgrade. By working closely with Ethereum consensus layer software teams, such as Prysm, Arbitrum has played a vital role in enhancing the scalability and efficiency of the Ethereum ecosystem as a whole.</p><p>With ArbOS 20 “Atlas,” <a href="https://arbitrum.io/" rel="noopener noreferrer nofollow">Arbitrum</a> reaffirms its position as a leading layer-2 scaling solution for Ethereum, offering enhanced capabilities and cost-effective solutions to meet the demands of the <a href="https://blockchainreporter.net/defi-decentralized-finance/" rel="noopener noreferrer nofollow">decentralized finance (DeFi)</a> and blockchain community.</p>

Arbitrum Introduces Ethereum Dencun Support with ArbOS 20 “Atlas” Release

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