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