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A quick one on @arbitrum #Nitro

- What is it?
- How is it different?
- What are the tradeoffs? ( bc remember EVERYTHING is a tradeoff)
- Should you care?
- and a little $ARBI airdop juice
Arbitrum is an optimistic rollup (OP) L2 built by @OffchainLabs.

The currently-live implementation is called Arbitrum One and is the most successful rollup to date (measured by TVL).
While both are Optimistic rollups, Arbitrum has some key differences from its counterpart, Optimism.

@optimismFND #OVM 2.0 is EVM-equivalent, running directly inside the #EVM, while Arbitrum One is only EMV-compatible.
Read 12 tweets
1/ When #l222 > L1

@arbitrum fees caused a frenzy last week. But is there any need for concern?

This thread will explain
- what happened
- will it happen again
- what can be done to mitigate it in the future
2/ A common misconception with the emergence of layer-2 and #rollup protocols within #Ethereum is that they will automatically come with cheaper gas fees and easier transactions for users.
3/ While this will largely be the case and is the intended goal, it is by no means impossible for a rollup to suffer from high fees, especially in its current nascent form.

This is precisely what occurred in early July.
Read 25 tweets
\1 I continue to struggle with @ParityTech's software design decisions. My #Parity node keeps dropping peers. The advice I get is "upgrade to the latest unstable version". Parity is even configured to auto-update itself by default. Why do I have to run at the edge just to work?
2\ Parity is either (a) consumer software or (b) bad software.

It's (sometimes) OK when consumer software forces you to upgrade b/c, as a consumer, you're dumb & insecure. Business (or prosumer) software achieves a higher level of security & control by sacrificing ease of use.
3\ Consider: if Parity upgrades itself automatically that means /usr/bin/parity can edit itself. I have to completely trust that the Parity code, DNS, &c. prevents any peer from causing my Parity to change to something unintended. I hate this "feature", so I turned it off.
Read 6 tweets

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