NOWNodes is a great opportunity to join Arbitrum blockchain or to lighten your crypto infrastructure. Connect to full Arbitrum node, block explorer and testnet now!
Arbitrum is essentially a Layer-2 solution that was designed as a means of improving the capabilities of the smart contracts that are built on top of the Ethereum (ETH) blockchain, where they can gain access to increased speeds and scalability whilst also adding additional privacy features.
The platform is purpose-built as a means of allowing developers to easily run unmodified Ethereum Virtual Machine (EVM) contracts and Ethereum transactions on Layer-2 whilst still benefiting from all of the security available on Layer-1.
This solution is built to address the shortcomings of the default Ethereum-based smart contracts, which include poor efficiency as well as high execution costs. To achieve this task, Arbitrum utilizes a method known as transaction rollups as a means of recording batches of submitted transactions on the Ethereum main chain whilst executing them on the cheap, scalable Layer-2 sidechain.
A rollup is a type of data compression method for blockchain transactions, where it rolls up batches of transactions within a single transaction. An optimistic rollup is a method used that assures that the transactions within it are valid. Furthermore, Arbitrum utilizes ArbGas as a means of keeping track of the cost of execution on an Arbitrum chain, where every Arbitrum VM instruction has an ArbGas cost associated with it.
Despite the existence of many other cryptocurrencies, Arbitrum has a lot of advantages and here are just a couple of them.
the Arbitrum Rollup protocol minimizes the amount of data that is used on-chain and supports arbitrary Ethereum Virtual Machine (EVM) smart contracts using common Ethereum tooling.
Arbitrum smart contracts can be created through the usage of the Solidity programming language and are much cheaper in terms of transaction fees, as well as customizable, without compromising privacy and security.
this enables the transfer of ETH and ERC20 tokens to a Layer-2 scaling solution called Arbitrum One. This means that developers or users can send a transaction to one of EthBridge's inbox contracts.
Today, you can easily connect to an Arbitrum node through the utilization of the blockchain-as-a-service provider known as NOWNodes. What this means is that you will be provided with the opportunity to access any data that occurs on top of the blockchain, which can aid you through the process of developing a decentralized application (dApp) or when deploying a smart contract on top of it.
NOWNodes as a service can provide you with access to 58 nodes, one of which is the Arbitrum node, where you can get a variety of different data and information surrounding the on-chain activity and keep track of the network 24/7. By leveraging the power of a blockchain node, you can access data surrounding the hash rate, difficulty, block height, wallet addresses, transaction data, balance history tickers list, or anything else that you need.
An Arbitrum node will enable you to browse the blockchain in a similar way as you would utilize a search engine to browse websites through an internet browser, and all you have to do in order to get started is head over to the official NOWNodes website, after which you can enter your email address, get the API key, and establish a connection.
In order for you to establish a connection, you will need to utilize specific codes and commands, all of which can be found in the official documentation and are easy to read, understand, and implement.
Furthermore, if you are curious as to exactly what kind of nodes are available through the NOWNodes service, you can find a list of all of the available nodes here.
The Arbitrum block explorer will provide you access to a secure connection to the blockchain network, where you can synchronize with all of the available data.
By leveraging the power of an Arbitrum node, you can get any data that you require in real-time. NOWNodes has multiple tiers in terms of its pricing, and there is even a free plan that will allow you to initially make 5,000 requests. You can, however, opt-in for the other plans if you require more than that.
If you want to develop on top of Arbitrum or simply get the most out of the network, NOWNodes will provide you with access to a block explorer that will aid you in this process. Each node and block explorer has an uptime of 99.95%, and the connection is established through RPC.
