New Layer 2 Networks: Arbitrum & Optimism on Hashport!

hashport
Coinmonks
Published in
3 min readFeb 15

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Hashport is thrilled to announce our integration of two new networks — Arbitrum & Optimism!

Hedera’s go-to interoperability solution now supports 7 networks, bridging crypto assets between Hedera, Ethereum, Polygon, Avalanche, BNB Chain, Arbitrum, & Optimism.

When we first launched in 2021, we set out to enable cross-chain interoperability and supported three networks. 10 months later in September 2022, we announced the integration of Avalanche & BNB Chain. Now, in February 2023, Hashport welcomes two Layer-2 networks — Arbitrum & Optimism.

Why Arbitrum & Optimism?
Having received feedback & suggestions from the Hashporters, we worked to integrate the Layer-2 networks.

With the integration of the two networks, we also added the following tokens, bringing our token count to 40:

We’re delighted with our integrations so far, and we can’t wait to unlock more worlds of possibilities for you and your digital assets.

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 provides a builder experience that’s intuitive, familiar and fully EVM compatible.

About Optimism
Optimism is a fast, stable, and scalable L2 blockchain built by Ethereum developers, for Ethereum developers. Built as a minimal extension to existing Ethereum software, Optimism’s EVM-equivalent architecture scales your Ethereum apps without surprises. If it works on Ethereum, it works on Optimism at a fraction of the cost.

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
Coinmonks

Worlds of Possibility ✨Hashport is a public utility enabling fast & secure cross-network transfer of digital assets. $HBAR $ETH $MATIC $AVAX $BNB $OP #Arbitrum