Thread by @AramzCrypto

Arbitrum Updates 🧵

#Arbitrum recently announced Nova and also has planned to implement its major upgrade, called Nitro, in the coming days. To clear up the confusion let’s briefly discuss what #Nova and #Nitro are.

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#Nitro
The Nitro upgrade, going live tomorrow, is aimed to be a better version of the current Arbitrum network.

One of the major problems with Arbitrum was its high gas fees, especially during the #Odyssey load. Nitro upgrade will decrease the gas fees through

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Advanced Call Data Compression. Nitro will also bring additional L1 compatibility for developers. I’ll leave the technical explanations for the technical guys.

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#Nova
Arbitrum Nova, launched earlier this month, is a new chain intended for social and gaming applications that require very low fees.

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Nova is built using Arbitrum’s AnyTrust Technology and brings the following advantages:
- Ultra-low transaction costs
- Fast transactions with rapid block times
- Enabling new blockchain primitives

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There are some NFT collections on Stratos Nova marketplace. These collections might not be from real projects, so I don’t recommend buying any. If you want to have transactions on this network, you mint a free NFT.
nova.stratosnft.io/launchpad/0x2c…
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You will only need to pay gas fees, so you may use the following bridges to transfer some ETH.
Arbitrum Bridge:
bridge.arbitrum.io
Orbiter
orbiter.finance

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Also, read this thread by @olimpio to learn how to maximize your chances for the airdrop.

https://twitter.com/OlimpioCrypto/status/1563561465344192512?s=20&t=01KlLvQouPdOX44-QkeZRQ

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TG Channel: t.me/aramzcrypto
TG Group: t.me/aramzchat

https://twitter.com/AramzCrypto/status/1564533849740263424?s=20&t=01KlLvQouPdOX44-QkeZRQ