Arbitrum is Live on Hashport!

hashport
2 min readFeb 13, 2023

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Hashport is excited to unveil our latest network to join the platform. As of today, the Arbitrum network has been integrated onto Hashport, enabling interoperability between Arbitrum and Hashport’s other supported networks. At the time of writing, supported networks on Hashport include Hedera, Polygon, Ethereum, BNB Chain, Avalanche, and now Arbitrum. With the integration of Arbitrum, we also welcomed new tokens to the platform as well. Head to the Hashport platform to transform any of these new tokens alongside our 30+ tokens already on the platform to access their representative versions on new networks and access the worlds of possibilities that await.

What is Arbitrum?
Arbitrum is a layer two network that utilises optimistic rollups to offer high-speed transactions in an effort to alleviate congestion of the Ethereum layer one network. Arbitrum was created by Offchain Labs, and launched its beta mainnet in May 2021 while their mainnet launched three months later in August 2021. Since its launch, it has seen an influx of activity and dApps on the network and currently sits with over $1B in TVL.

Conclusion
If you’re porting tokens between Arbitrum and are experiencing trouble, please refer to Hashport’s FAQ page here. If further assistance is required, please don’t hesitate to contact us at support@hashport.network and we will be happy to assist you. Port your assets today at app.hashport.network.

About Arbitrum
Arbitrum is an Ethereum scaling solution built by Offchain Labs, a world-class team of researchers, engineers, and Ethereum enthusiasts. Arbitrum leverages the security and decentralization of Ethereum and provide a builder experience that’s intuitive, familiar and fully EVM compatible.

About hashport
hashport is the enterprise-grade public utility that facilitates the movement of digital assets between distributed networks, extending their functionality in a quick, secure, and cost-effective way. In order to remain platform-neutral, hashport functions without the use of a proprietary token. The network is built on a robust and performant architecture, secured and operated by a group of industry-leading validator partners from around the world. hashport has passed a rigorous security audit and follows industry best practices; regularly performing comprehensive network tests to ensure the integrity of the network.

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Disclaimer: The information provided on hashport’s website does not constitute investment advice, financial advice, trading advice, or any other sort of advice. You should not treat any site content as advice.

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hashport
hashport

Written by hashport

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