{"id":3225,"date":"2022-06-07T09:26:05","date_gmt":"2022-06-07T08:26:05","guid":{"rendered":"https:\/\/www.xdefi.io\/?post_type=ht_kb&#038;p=3225"},"modified":"2024-01-11T14:57:15","modified_gmt":"2024-01-11T14:57:15","slug":"arbitrum-wallet","status":"publish","type":"ht_kb","link":"https:\/\/www.xdefi.io\/article\/arbitrum-wallet\/","title":{"rendered":"XDEFI Wallet supports Arbitrum (AETH)"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-7092 aligncenter\" src=\"https:\/\/www.xdefi.io\/wp-content\/uploads\/2022\/08\/Arbitrum.png\" alt=\"Arbitrum\" width=\"150\" height=\"150\" srcset=\"https:\/\/www.xdefi.io\/wp-content\/uploads\/2022\/08\/Arbitrum.png 84w, https:\/\/www.xdefi.io\/wp-content\/uploads\/2022\/08\/Arbitrum-50x50.png 50w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/p>\n<h4><strong>What is Arbitrum?<\/strong><\/h4>\n<p>Arbitrum is a Layer 2 Optimistic Rollup solution founded in 2018 by <a href=\"https:\/\/offchainlabs.com\/\">Offchain Labs<\/a> to help scale Ethereum.<br \/>\nBy helping to scale <a href=\"https:\/\/ethereum.org\/en\/\">Ethereum<\/a>, this results in lower transaction fees, faster confirmations, and a better user experience for those swapping crypto without sacrificing Ethereum\u2019s security. Arbitrum achieves this by decreasing network congestion and transaction costs by offloading this work away from Ethereum\u2019s busy Layer 1 network.<\/p>\n<h4><strong>What are the core features of Arbitrum?<\/strong><\/h4>\n<ul>\n<li>Low transaction fees: Arbitrum offers low transaction fees due to its scalable infrastructure, making it an attractive platform for developers and users.<\/li>\n<li>Ethereum compatibility: Arbitrum is fully compatible with the Ethereum network, supporting all Ethereum-based assets and tools, making it easy for developers to migrate their dApps from Ethereum to Arbitrum.<\/li>\n<li>Decentralization: Like other blockchain networks, Arbitrum is decentralized, meaning that no single entity has control over the network. This ensures the security and integrity of the network.<\/li>\n<li>Security: Arbitrum uses a system of fraud proofs and challenges to ensure the security of its transactions and prevent any malicious activity on the network.<\/li>\n<li>Smart contract functionality: Arbitrum supports smart contracts, allowing developers to build decentralized applications (dApps) and execute complex financial transactions.<\/li>\n<li>Community-driven: Arbitrum has a strong and active community of developers, users, and stakeholders who contribute to the development and growth of the platform.<\/li>\n<li>Interoperability: Arbitrum is designed to be interoperable with other blockchain networks, allowing for seamless exchange of assets and data between different systems.<\/li>\n<\/ul>\n<h4><strong>What is the native token of Arbitrum?<\/strong><\/h4>\n<p>The native token of the Arbitrum network is called &#8220;Arbitrum One&#8221; (formerly known as &#8220;ARB&#8221;). It is a utility token used to pay for gas fees and participate in the consensus mechanism of the Arbitrum network. Arbitrum is a Layer 2 scaling solution for Ethereum, designed to increase the throughput and reduce the transaction fees of the Ethereum network. The Arbitrum network uses a unique Optimistic Rollup technology, which allows it to process transactions off-chain while maintaining the security and integrity of the Ethereum blockchain.<\/p>\n<p>In the Arbitrum network, users can use ARB to pay for transaction fees and earn rewards for participating in the network&#8217;s consensus mechanism. ARB can also be used for governance, allowing holders to vote on proposals and decisions related to the future development of the Arbitrum network. It&#8217;s worth noting that the Arbitrum network also supports the use of Ether (ETH) as a means of payment for gas fees and other transactions.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-thumbnail wp-image-20003\" src=\"https:\/\/www.xdefi.io\/wp-content\/uploads\/2022\/03\/thorchainuniversity-320x320.jpg\" alt=\"\" width=\"320\" height=\"320\" srcset=\"https:\/\/www.xdefi.io\/wp-content\/uploads\/2022\/03\/thorchainuniversity-320x320.jpg 320w, https:\/\/www.xdefi.io\/wp-content\/uploads\/2022\/03\/thorchainuniversity-768x768.jpg 768w, https:\/\/www.xdefi.io\/wp-content\/uploads\/2022\/03\/thorchainuniversity-1024x1024.jpg 1024w, https:\/\/www.xdefi.io\/wp-content\/uploads\/2022\/03\/thorchainuniversity.jpg 1280w\" sizes=\"(max-width: 320px) 100vw, 320px\" \/><\/p>\n<p><a href=\"https:\/\/chrome.google.com\/webstore\/detail\/xdefi-wallet\/hmeobnfnfcmdkdcmlblgagmfpfboieaf\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-2737\" src=\"https:\/\/www.xdefi.io\/wp-content\/uploads\/2022\/04\/image-320x320.png\" alt=\"Try XDEFI Wallet Now!\" width=\"320\" height=\"69\" srcset=\"https:\/\/www.xdefi.io\/wp-content\/uploads\/2022\/04\/image-768x166.png 768w, https:\/\/www.xdefi.io\/wp-content\/uploads\/2022\/04\/image-1024x222.png 1024w, https:\/\/www.xdefi.io\/wp-content\/uploads\/2022\/04\/image-50x11.png 50w, https:\/\/www.xdefi.io\/wp-content\/uploads\/2022\/04\/image.png 1515w\" sizes=\"(max-width: 320px) 100vw, 320px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is Arbitrum? Arbitrum is a Layer 2 Optimistic Rollup solution founded in 2018 by Offchain Labs to help scale [&hellip;]<\/p>\n","protected":false},"featured_media":0,"template":"","meta":{"footnotes":""},"ht_kb_category":[17],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>XDEFI Wallet supports Arbitrum<\/title>\n<meta name=\"description\" content=\"Arbitrum wallet - XDEFI Wallet makes Web3 safe and easy : you can store, send, and swap Cryptocurrencies and manage NFTs from a single wallet .\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.xdefi.io\/article\/arbitrum-wallet\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"XDEFI Wallet supports Arbitrum\" \/>\n<meta property=\"og:description\" content=\"Arbitrum wallet - 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