Arbitram Odyssey stopped gas prices as a spike – the defender
Arbitram, a Layer 2 scaling solution, abruptly stopped its Odyssey program after it launched last week.
The project cited a heavy transaction and speaking gas fees as reasons for its decision. Twitter thread. Sisyphus, an influential voice on Twitter, Highlights The price of gas is higher than that of etherium when switching to that orbitram.
Cheap and fast
As a Level 2, Arbitram’s initial price proposals are transactions that are cheaper and faster than Etherium. So if the transaction cost exceeds that of Ethereum, Arbitram is not working as intended.
According to Arbitram, the team behind the L2 ship Nitro will restart the program once. At the moment the L2 “throttle” network capability, but with Nitro, which allows evidence of fraud to run in WASM code, the throttle will be revealed.
Optimistic TVL has doubled as trading activity has increased in Layer 2s
Odyssey is an eight-week program aimed at showcasing the Arbitram ecosystem while rewarding users with NFTs for performing basic tasks in Layer 2 (L2) applications.
Since the first week is over and the claims for the first NFT went live on June 28, Arbitram’s transactions have reached an all-time high, according to Arbiskan.
Arbitra has been distorted in the past. Once last September, again in January.
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