![](https://cdn.prod.website-files.com/65d4d423062d9d64893ca361/666bc41782a5689313a03ec3_662a970c640995473cf2f981_arbnova%2520(1).png)
Artbitrum Nova
What is Arbitrum Nova?
Arbitrum Nova is a rollup solution built by Offchain Labs that brings layer-2 scalability to the Ethereum network. It utilizes Optimistic Rollup technology to improve Ethereum's transaction throughput and reduce gas fees, while maintaining compatibility with existing smart contracts and applications.
Key Features
- Layer-2 Scalability
- Optimistic Rollup Technology
- Gas Fee Reduction
- Compatibility with Ethereum
- Smart Contract Support
Use Cases
Arbitrum Nova is used to enhance the scalability of Ethereum, making it more practical for various use cases such as decentralized finance (DeFi), non-fungible tokens (NFTs), gaming, and other applications that benefit from reduced transaction costs and increased throughput.