Newton makes it fast and easy to buy, sell and hold 65+ cryptocurrencies in Canada.
Arbitrum is a layer-2 blockchain that is built on top of Ethereum. Aiding in scalability, Arbitrum benefits from Ethereum鈥檚 security, resulting in transactions being recorded on Arbitrum but secured on Ethereum. Arbitrum aims to have the minimum number of moving parts while building a layer-two solution for Ethereum. In practice, this means using proven Ethereum code and infrastructure when possible. Arbitrum thus aims to keep its code as simple as possible and work directly with existing codebases.
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It鈥檚 powered by Optimistic Rollups, which bundle large amounts of transaction data into digestible batches. Arbitrum is cheaper to use than Ethereum, and it鈥檚 increasingly becoming popular along with other layer 2s, such as Optimism, another layer 2 which utilizes optimistic rollup.
*聽Although the term "stablecoin" is commonly used, there is no guarantee that the asset will maintain a stable value in relation to the value of the reference asset when traded on secondary markets or that the reserve of assets, if there is one, will be adequate to satisfy all redemptions.
Because stablecoins* are designed to maintain a peg to fiat currencies, they can be useful tools. Coins such as USDC, USDT and QCAD generally experience lower volatility than other crypto assets.
*聽Although the term "stablecoin" is commonly used, there is no guarantee that the asset will maintain a stable value in relation to the value of the reference asset when traded on secondary markets or that the reserve of assets, if there is one, will be adequate to satisfy all redemptions.
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