Arbitrum
Arbitrum MultiSig Cold Wallet
Arbitrum (ARB) MultiSig Wallet
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ARB/ERC20 MultiSig Wallet
About Arbitrum (ARB)
What is
Arbitrum is a Layer 2 scaling solution for the Ethereum blockchain that powers fast smart contract transactions while reducing transaction costs.
Features
Abritrum’s Layer 2 solution uses blockchain rollups to achieve efficient transaction processing. Rollups use a 2-layer architecture to process transactions off-chain before settling them on-chain. The benefit is that the blockchain no longer needs to validate separate transactions – it can directly confirm a “rolled up” batch of transactions.
This scaling solution differs from other Layer 2s, such as sidechains, since rollups typically derive their security from the main blockchain.
Arbitrum’s scaling solution uses a particular type of roll-up called optimistic rollups.
Recovering
Different wallets may implement Arbitrum support (generating ARB address) in a different way. Ownbit uses uses the same address of ETH for ARB address. i.e. BIP44 path: m/44'/60'/0'/0/0 for generating the ARB address. For recovering ETH / ERC20 assets in other wallets, or vice versa, you may export / import by ETH private key.
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