Bankless Arbitrum Launches! Founders Steven Goldfeder & Harry Kalodner (SotN 9/7)
Sep 8, 2021
Steven Goldfeder and Harry Kalodner, co-founders of Arbitrum, dive into the recent launch of their Layer 2 scaling solution for Ethereum. They discuss the significance of this launch for decentralized finance and user experiences. The duo highlights the integration with major exchanges, the dynamics of gas markets, and strategies to attract liquidity. They also explore the challenges of migration, emphasizing the importance of decentralization and community values in the evolving blockchain ecosystem. Layer 2's potential to reshape the DeFi landscape steals the spotlight!
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Amazon Outage Delay
- Arbitrum's launch was delayed by a few hours due to an Amazon outage.
- The team considered launching anyway but decided to wait since the official time wasn't announced.
Coordinated dApp Onboarding
- The Arbitrum launch involved a coordinated effort to onboard dApps beforehand.
- This approach prioritizes composability and interaction within the DeFi ecosystem.
Accessing Arbitrum
- Users access Arbitrum via a token bridge, transferring assets from Ethereum mainnet.
- Once on Arbitrum, users switch their network in MetaMask to interact with cheaper dApps.