New technology will allow GameFi, NFT and social projects to cut their transaction expenses
Largest Layer 2 network on Ethereum by TVL is ready to go present its new Arbitrum AnyTrust technology by launching the Arbitrum Nova channel, which is live on the mainnet and open to developers who want to deploy applications and solutions ahead of the public launch for users.
Earlier in 2022, Arbitrum announced the launch on Arbitrum AnyTrust technology optimized for ultra low-cost transactions and high security. To test out the newly released chain, the project releases the first network built with the new technology, Arbitrum Nova.
After releasing Nova, Arbitrum has two separate channels on the mainnet. The new network is primarily designed for games and social applications, while the first network will serve as a home for DeFi and NFT projects.
Prior to the public launch for end-users, Nova will give network access to all developers who are willing to deploy their apps on the new network. If you are willing to build something on Nova, you can request access today.
The next step for the network is to open the new channel to everyone and test the stability of Nova before integrating new projects and developing a robust ecosystem. End users will be able to use the new network in the coming weeks.
AnyTrust technology
The main difference between Rollups and AnyTrust is the degree of decentralization and the transaction costs. AnyTrust chains will introduce their own method of security assumption, which allows cheaper transactions, in contrast to Rollups, which inherit security directly from Layer 1.
Networks built with AnyTrust technology can be used to deploy applications that are highly cost sensitive and have high transaction volume expectations. One of the most notable examples is GameFi projects, or blockchain-based social apps with a high level of user interaction.
