Arbitrum Tests Nitro Update Ahead Of Mainnet Release
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Arbitrum is Ethereum's most extensively used scaling method. It now ranks number one globally in Total Value Locked (TVL), the measure of value locked in a protocol's payment systems, and seventh overall throughout all blockchains.
The release of Nitro will be a central event for Ethereum since it will improve the efficiency of one of its primary scaling methods. Abritrum will help the system become more scalable by enabling quicker and cheaper transactions.
Arbitrum CEO Steven Goldfeder confirmed that -
"Nitro will allow us to increase the demand significantly to many times Ethereum's capacity. That will massively increase our ability to scale."
He continued,
"Our mission is to provide the best scale to users and scale Ethereum using the best technology, meaning scaling Ethereum's security and scaling Ethereum's decentralization."
Role of WebAssemblyy in Nitro
Nitro uses WebAssembly to invent a fresh prover (WASM). This is the section that creates transaction confirmations if they are challenged. The WASM implementation allows the L2 Arbitrum engine, the Arbitrum Virtual Machine, to be written and compiled using standard tools and languages, eliminating the present custom-designed language and translator.
The CEO Steven further elaborated,
"Onboarding for developers was already super easy as Arbitrum has always been fully EVM compatible. With Nitro, even the internals are the same. Imagine that Arbitrum and Ethereum are cars. With Arbitrum classic, we built a beautiful car that looks, feels, and drives just like Ethereum car. But if you pick up the hood, it looks very different. In the hood of the Arbitrum car is the AVM. With Nitro, even the internals are the same."
Arbitrum Nitro makes another change. Geth, the most popular Ethereum client today, is replacing the EVM emulator. The ArbOS component has also been changed to enable cross-chain communication along with a new and enhanced batching and contraction scheme to reduce L1 costs.
This upgrade will be put out automatically, so customers will not have to do anything. It is predicted that the change would enhance execution speeds by 20-50x and significantly lower transaction costs.