Arbitrum Nitro is ready

Jul 6, 2022 | DeFi Updates, Layer 2 Ecosystem

A full-featured Nitro devnet built on Ethereum’s Görli testnet is launched. Arbitrum Nitro is the most advanced rollup stack ever built, and it enables massively higher throughput and lower fees.
Start building on the Nitro devnet here. Get ETH from our Twitter faucet here.
What is Nitro?
The Nitro stack is built on several innovations. At its core is a new prover, which can do Arbitrum’s classic interactive fraud proofs over WASM code. That means the L2 Arbitrum engine can be written and compiled using standard languages and tools, replacing the custom-designed language and compiler we use today.
In normal execution, validators and nodes run the Nitro engine compiled to native code, switching to WASM if a fraud-proof is needed.
Now here’s the coolest part: we compile the core of Geth, the EVM engine that practically defines the Ethereum standard, right into Arbitrum. So our current custom-built EVM emulator is replaced by Geth, the most popular and well-supported Ethereum client.

About Arbitrum

Arbitrum is an L2 optimistic rollup scaling solution for Ethereum, offering a unique combination of benefits:

  • Trustless security: security rooted in Ethereum, with any one party able to ensure correct Layer 2 results
  • Compatibility with Ethereum: able to run unmodified EVM contracts and unmodified Ethereum transactions
  • Scalability: moving contracts’ computation and storage off of the main Ethereum chain, allowing much higher throughput
  • Minimum cost: designed and engineered to minimize the L1 gas footprint of the system, minimizing per-transaction cost.

Learn more about Arbitrum here.

stakerDAO-logo-white
https://serokell.io

Serokell is a software research and development company, focused on high complexity tasks in the area of computer science.
Our team is composed of developers, designers, engineers, computer scientists, and mathematicians, all to help you realize your vision.
We use functional programming to write robust code that works anywhere, anytime.

Initially, we worked with StakerDAO to implement the STKR governance token a monitoring app on Tezos. After that, we moved to BLND token and implemented a set of Ethereum contracts for holding BLND and performing buyback with them.

We also implemented a web app to run the buyback process.

After that, we designed and implemented the Bridge application and associated set of contracts that allow exchanging BLND and wXTZ tokens between Ethereum and Tezos.
We are working on Bridge backend support for ALgorand now.

Social links:
Twitter
Telegram
YouTube


Projects

BLNDSTKRStakerBridge

Skills

Contract development (Ethereum, Tezos)
Web application development
Development of applications interacting with Tezos, Ethereum and Algorand blockchains.

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https://randlabs.io/

Rand Labs is a blockchain development lab specialized in Algorand technology.

At Rand Labs we have developed specialized expertise in blockchain technology. Through 8 years of experience, we have worked closely with all major blockchain protocols and have garnered valuable experience in the industry that helps us deliver the maximum quality in our products and those of our partners.

We spend years training and advancing our team members' skills by facing ever more complex technical challenges in the blockchain space. Having helped and participated in the development of many of the most popular blockchain products in the world since 2013, we are in the capacity to deliver quality solutions regardless of the difficulty of the problem.

Despite having built numerous blockchain products and consensus upgrades from scratch, we believe a business-oriented acumen is as important in delivering maximum product-market fit. With our long history in the industry, we have developed a valuable network of relationships that is available to our partners. Additionally, The Rand Labs management team has been very active as investors and advisors in the space. We have invested in and advised very successful projects. As important, we have seen many projects fail which allowed us to learn valuable insights from those failures.

Social links:
Twitter
Github
LinkedIn


Projects

wALGOStakerBridge

Skills

Product DevelopmentAlgorand Smart Contract development and auditsBackend developmentInfrastructureDev ops UX UI

Fun Facts

Rand Labs has always been a fully remote company, way before the impacts created by COVID. We believe this has allowed our company to operate completely crypto native, including payroll, corporate structure, and revenue. We feel that by operating this way, every individual in our team is positioned to deliver the best products and solutions of this industry.

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https://stove-labs.com/

Learn more on Stove Labs Github, Twitter, and Telegram.

Projects

wXTZStaker Farms

Skills

Tezos BlockchainIPFSReasonMLSmart ContractsOpensourceDAPPsTutorials

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https://www.staker.services/

Staker Services provides technical, business and operation services for the cross-chain era. The Operations team specialised in the DeFi ecosystem, with experience in launching products across chains - from Ethereum to Tezos, Algorand, Polkadot and more.

Projects

BLNDwXTZWALGOSTKRStakerBridge

Skills

DevBusiness DevelopmentProductMarketingLegalFinanceOperations

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chainsafe-logo-104
https://chainsafe.io/

"ChainSafe Systems is a blockchain research & development firm with a focus on building infrastructure for Web3. We are actively contributing to the Ethereum, Ethereum Classic, Cosmos, Polkadot, and Filecoin ecosystems and are open to contributing to other Web3 ecosystems where we see merit. Feel free to visit our website or email [email protected] with any inquiries.”

Projects

PINT

Skills

Blockchain InfrastructureResearch & DevelopmentSmart Contract Audits

Fun Facts

Team members in 17 countries and counting!

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