Orbiter Finance 🛸A decentralized cross-rollup bridge, which is the infrastructure of Layer 2

Orbiter Finance is a decentralized cross-rollup bridge that provides a critical infrastructure for Layer 2 scaling solutions. In simple terms, it enables users to move assets and data between different Layer 2 networks, such as Arbitrum, Optimism, and zkSync.

Layer 2 scaling solutions are designed to improve the performance of blockchain networks, such as Ethereum, by moving some of the transaction processing off-chain. However, with the proliferation of different Layer 2 solutions, it can be challenging for users to move assets and data between them.

Orbiter Finance addresses this problem by providing a cross-rollup bridge that enables seamless movement of assets and data across different Layer 2 networks. It achieves this by utilizing a combination of smart contracts and oracles to ensure that assets and data are transferred securely and efficiently.

The benefits of Orbiter Finance are significant. It enables users to take advantage of the benefits of different Layer 2 scaling solutions, such as faster transaction processing and lower fees, without being tied to a single network. This provides greater flexibility and choice for users and can help to promote the adoption of Layer 2 scaling solutions.

Overall, Orbiter Finance is an essential infrastructure component for the Layer 2 ecosystem. Its cross-rollup bridge technology is critical for enabling the seamless movement of assets and data across different Layer 2 networks, which is necessary for the continued growth and development of the ecosystem.

Subscribe to Nikita Gelyunenko
Receive the latest updates directly to your inbox.
Mint this entry as an NFT to add it to your collection.
Verification
This entry has been permanently stored onchain and signed by its creator.