Arbitrum Bridge and its functioning!!!

Hello friends

Assalamu alaikum
Hope everyone is doing well.

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Recently arbitrum has drawn attention of people due to its smooth functionality, low fee and top security. This will grow big with the process of time. Today I am going to write about arbitrum bridge and its functionality and features.

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####What is Arbitrum:

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Arbitrum is an Ethereum blockchain Layer 2 bringing solution that enables swift smart contracts operations while limiting the fees of transactions.

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What is Arbitrum bridge:

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Arbitrum Bridge is a Layer 2 technology for sending funds from the ethereum mainnet to the arbitrum platform. It is an integral part of the Arbitrum system. Arbitrum system tries to improve ethereum's capacity by executing transactions outside the chain while safeguarding the safety of mainnet.

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Benefits of Arbitrum:

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Arbitrum is a Layer 2 technology for ethereum designed by Offchain Labs. It tries to lessen ethereum's scaling difficulties. Ethereum has high gas fees and prolonged transaction times due to its confined capacity. Arbitrum can dramatically lower transaction costs while improving transaction speed by processing transactions off-chain and make ethereum easier to use for regular usage.

The arbitrum bridge is an essential part of this approach. It enables people to safely and smoothly move funds from ethereum to the arbitrum system. The result is that users do not have to hand over their funds to an unknown entity. Arbitrum bridge guarantees that the funds are safely stored on the ethereum network and the necessary amount is reflected on the arbitrum system.

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How Arbitrum Bridge functions:

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Users need to link their ethereum wallet for example metamask, walletconnect, coinbase, trust wallet etc to the Arbitrum Bridge in order to use it. Once linked together users can decide how much money they want to send. After that the bridge safeguards the assets on the ethereum network and reflects the appropriate quantity on the arbitrum system.

This method is safe and trustworthy. The bridge has no connection on the custody of the users funds. Rather smart contracts are utilized to secure the funds on the ethereum network and reflect the corresponding quantity on the arbitrum network. This guarantees user to keeps their funds under own control at all times.

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Conclusion:

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Arbitrum is simply wonderful. I like it most because of the fast speed and lower fees. This way arbitrum going to have huge impact on the current market.

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