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Arbitrum Nitro Launch with Steven Goldfeder & Harry Kalodner

Sep 1, 2022
Guest
Harry Kalodner
Guest
Steven Goldfeder
Join Steven Goldfeder, CEO of Offchain Labs, and Harry Kalodner, the company's CTO, as they unveil the groundbreaking Arbitrum Nitro, boasting a 7x improvement in Ethereum's capacity. They delve into the transformative technologies behind this upgrade and discuss the Arbitrum Odyssey that enhances user engagement. Discover insights on gas efficiency, upcoming developments, and the potential for a new token. Their passion for shaping the future of blockchain shines as they reflect on the vibrant growth of the Arbitrum community.
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INSIGHT

Arbitrum One's Capacity

  • Arbitrum One had a capacity of roughly one Ethereum's worth of transactions.
  • This limited capacity led to the pausing of the Arbitrum Odyssey due to network congestion.
ANECDOTE

Odyssey Paused Due to Congestion

  • The Arbitrum Odyssey, intended to onboard users, had to be paused.
  • High demand filled Arbitrum One's capacity, raising gas fees and prompting the Nitro upgrade.
INSIGHT

Early dApp Inefficiency

  • Early Arbitrum dApps weren't gas-optimized due to abundant block space.
  • Increased demand revealed this inefficiency, similar to Ethereum's gas dynamics.
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