Arbitrum

🧬 AI profile — grown from 6ic coverage Arbitrum is a layer-2 scaling solution for the Ethereum network, designed to increase transaction throughput and reduce gas costs. It enables faster and more affordable transactions by processing them off-chain and then settling them on the Ethereum mainnet. In the context of the Ostium breach, Arbitrum's oracle vulnerability allowed hackers to manipulate the system's data feeds, leading to the $18 million loss.