#Web3 Technology Infrastructure: Layer 2 Layer 2 Network – Steven Goldfelder Introduces Orbitrum’s Network Data and Ecology.

On April 13th, in the main venue of the “2023 Hong Kong Web3 Carnival” titled “Web3 Technology Infrastructure: Layer 2 Layer 2 Network”, Steven Goldfelder, co-founder and CEO of Orbitrum, introduced its network data, ecology, Orbitrum Nova, and Orbitrum. Steven Goldfelder stated that in the past year, the development of Arbitrum has been very rapid. Currently, the Arbitrum ecosystem has about $6 billion in TVL, accounting for 65% of the market share in the second tier. Currently, 1 million ETHs are locked in the bridge, and the ecological DApp is also thriving. Arbitrum Nova is more suitable for games, social projects, and some DApps with high throughput and performance requirements. The Arbitrum Orbit allows for the construction of its own blockchain using the security of the technology stack and Ethereum, with advantages such as privacy, security, and high performance. I hope to work with developers, users, and community members to promote the development of Arbitrum.

Arbitrum Co founder and CEO: Currently, Arbitrum holds approximately 65% of the L2 market share

##Outline:
1. Introducing the Web3 Technology Infrastructure Carnival
2. Steven Goldfelder introduces Orbitrum’s network data and ecology at the carnival
3. The rapid development of Arbitrum in the past year
4. The current status of the Arbitrum ecosystem
5. Orbitrum Nova for games, social projects, and high throughput DApps
6. The advantages of Arbitrum Orbit in blockchain construction
7. Promoting the development of Arbitrum with developers, users, and community members
##Article:
On April 13th, in the main venue of the “2023 Hong Kong Web3 Carnival,” Steven Goldfelder, co-founder and CEO of Orbitrum, introduced the network data and ecology of their platform. In this event, participants got a chance to learn about the latest innovations in Web3 technology infrastructure that may change the way we interact with the internet.
Orbitrum is a second layer scaling solution that helps improve the speed, scalability, and cost-effectiveness of Ethereum. Hence, it is among the top contenders of Web3 infrastructure providers. Goldfelder shared exciting news about Arbitrum’s rapid development in the past year. He mentioned that in the past year, the ecosystem of Arbitrum saw exponential growth, and now it is one of the go-to solutions for the developers.
As per Steven, the current arbitrum ecosystem has about $6 billion in TVL, accounting for 65% of the market share in the second tier. He also shared that currently, 1 million ETHs are locked in the bridge, and the ecological DApps are rapidly evolving.
Additionally, Steven talked about Orbitrum Nova, which is more suitable for games, social projects, and some DApps with high throughput and performance requirements. Orbitrum Nova is a fast and secure layer for Ethereum, which can eliminate the scaling worries of games and sidechain projects.
Orbitrum Orbit, on the other hand, allows businesses to build their own blockchain using the security of the technology stack and Ethereum. The most significant advantages of using Orbitrum Orbit include high performance, security, and privacy.
Steven emphasized the importance of community contribution to the expansion of the Arbitrum ecosystem. He expressed his hope to work with developers, users, and community members to explore more possibilities and promote the development of Arbitrum.
##Conclusion:
Overall, the introduction of Orbitrum’s network data and ecology at the “2023 Hong Kong Web3 Carnival” was a significant step towards realizing the full potential of Web3 technology. Orbitrum’s layer two scaling solution is gaining popularity among developers due to its high performance, security, and privacy. With its growing ecosystem and advancements in Arbitrum Nova and Orbit, Orbitrum is on its way to become a top-tier infrastructure provider.
##FAQs:
1. What is Orbitrum, and how does it work?
Orbitrum is a second layer scaling solution that helps improve the speed, scalability, and cost-effectiveness of Ethereum. It uses the security of the Ethereum technology stack and implements its own security measures to offer high performance, security, and privacy.
2. What is Orbitrum Nova, and who can benefit from it?
Orbitrum Nova is a fast and secure layer for Ethereum that can eliminate the scaling worries of games and sidechain projects. Games, social projects, and some DApps with high throughput and performance requirements can benefit from it.
3. What is the current state of the Arbitrum ecosystem?
As per Steven Goldfelder, the current arbitrum ecosystem has about $6 billion in TVL, accounting for 65% of the market share in the second tier. Additionally, 1 million ETHs are locked in the bridge, and the ecological DApps are rapidly evolving.
##Keywords:
Orbitrum, Arbitrum, Web3 technology infrastructure, layer 2 network, Steven Goldfelder, Orbtrum Nova, Ethereum, DApps.