Arbitrum to Host Meetup in New York on March 27th

Arbitrum will host a meetup in New York on March 27th. This event will provide an opportunity for Arbitrum enthusiasts and builders to meet, learn, and connect with the local community.

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.