Speaking at the 8th Blockchain Global Summit hosted by Wanxiang Blockchain Labs, Offchain Labs co-founder and CEO Steven Goldfeder said.
There are three principles we believe are crucial when it comes to scaling Ethereum, and these principles also apply to Arbitrum One, Arbitrum Nova, and any other chain currently being built. Namely low transaction cost, high security and compatibility.
That is, on the one hand, transaction costs must be reduced without sacrificing security. At the same time, it can also achieve high compatibility with Ethereum.
That is to say, both from the perspective of developer tools and user tools, it can be used out of the box.