Combined Transactions on Arbitrum and Optimism L2 Chains Outpace Ethereum’s Daily Transfer Count
January 15, 2023 Arbitrum, Blockchain, Chains, cheaper, computational workload, Crypto, daily transfer count, daily transfers, DeFi, Dune Analytics, Ethereum, faster, growth, increase, L2, L2 scaling, Layer two, lower, main blockchain, network, networks, Offchain, Onchain, onchain fees, Optimism, output, Polygon, Privacy, processing, rollup, rollups, Scaling, Security, Smart Contracts, Statistics, Transaction, Verification, Virtual Machine, volume, XRP, Zero Knowledge, ZK rollups, ZKsnarks 0 Comments
Since The Merge, Ethereum’s onchain fees have been considerably lower. However, combined transaction volume on layer two (L2) chains Arbitrum and Optimism has outpaced Ethereum’s onchain transaction output. On Saturday, Jan. 14, 2023, Ethereum processed 1.10 million onchain transactions, while combined......