Picture this: You’re swimming in the vast ocean with other fish, but suddenly you need to swim to a specific location to complete a task. However, the ocean is crowded and there are many other fish swimming in different directions, making it difficult and time-consuming for you to get to your destination.
This is similar to how the Ethereum blockchain works. It’s a crowded network where every transaction has to compete for space and processing power, leading to high fees and slow transaction times. It’s like a shark trying to swim through a school of fish.
But just like how sharks have a keen sense of smell to detect prey, Arbitrum is a technology that can help Ethereum users navigate through the crowded network. It’s like a shark’s sixth sense that can detect the easiest path to its target.
Arbitrum acts as a side road, or in this case, a safe underwater tunnel that some transactions can take to bypass the crowded main network. It’s like a secret underwater tunnel that only a select few know about, allowing them to quickly and efficiently complete their transactions.
Arbitrum achieves this by using smart contracts, which are like a shark’s sharp teeth that it uses to catch prey. Smart contracts are computer programs that run on the Ethereum network and allow for the automatic execution of transactions. These smart contracts are processed by a virtual machine (VM) that runs on Arbitrum’s layer 2 network.
The VM is like a powerful shark that can easily break through obstacles and complete tasks. Instead of having every computer on the Ethereum network process the smart contract, Arbitrum uses a small group of trusted “managers” to do the work. These managers are like a school of fish that work together to help the shark complete its task. They follow the rules of the smart contract and are incentivized to work honestly and efficiently, reducing the cost and time it takes to process transactions.
Overall, Arbitrum is like a reliable and efficient shark that can help Ethereum users complete transactions faster and more affordably. Just like how some fish follow the shark to catch prey, popular projects like Uniswap and Sushiswap have already started using Arbitrum, and more are likely to follow.