Arbitrum to Host Meetup in Seoul on June 20th

Arbitrum will hold an in-person gathering for builders in Seoul, on June 20th. According to the announcement, the meeting aims to facilitate knowledge exchange and collaboration among teams working on Arbitrum-based projects.

Refer to the official tweet by ARB:

ARB Info

Arbitrum is a layer 2 scaling solution designed for the Ethereum network. Its goal is to increase the scalability of Ethereum while preserving its decentralization and security.

Arbitrum operates by batching many transactions together off-chain and then submitting a single, combined proof of all these transactions to the Ethereum base layer. This greatly reduces the amount of computation and storage that the Ethereum network has to handle, allowing it to support a much higher throughput of transactions.