Description

Arbitrum Nova is a special version of Arbitrum, a technology that improves how Ethereum works.

Here's how it works:

Lower Costs: Nova makes using Ethereum cheaper. It's great for apps that have lots of transactions and want to reduce costs.
High Performance: It's designed to handle lots of work quickly, which is perfect for apps needing speed and affordability.
Different from Arbitrum One: While Arbitrum One is fully trustless (very secure), Nova uses a slightly different method. It has a group called the Data Availability Committee (DAC) to manage and speed up transactions.
Best for Different Needs: If you need maximum security, use Arbitrum One. If you want lower costs and high speed, Nova is better.

In summary, Nova is a version of Arbitrum that balances cost and performance, making it a good choice for certain apps on Ethereum.

Team of the Project

Ed Felten

Co-founder

Ed Felten - the co-founder of Offchain Labs, computer science professor at Princeton University and previously served as the Deputy U.S. Chief Technology Officer under the Obama administration.

Steven Goldfeder

Co-founder

Steven Goldfeder- the co-founder of Offchain Labs. Steven Goldfeder is a computer science researcher and has contributed to various blockchain-related projects.

Harry Kalodner

Co-founder

Harry Kalodner - the co-founder of Offchain Labs. Harry Kalodner is also a computer science researcher and has expertise in decentralized systems and cryptocurrencies.

Funding

Undisclosed

Total Funds Raised

Arbitrum Nova is built by Arbitrum, which has raised a substantial $123,7 million from top-tier VCs such as Polychain, Pantera Capital, Lightspeed Venture Partner and others.

Overview

Review

Linity

Description

Here's how it works:

Team of the Project

Ed Felten

Steven Goldfeder

Harry Kalodner

Funding

Undisclosed

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