Quicknode

August 9, 2022 — 4 min read

August 9th, 2022 - Quicknode, the leading Web3 cloud platform for building blockchain-powered applications, today announces the expansion of its ecosystem with the launch of Arbitrum Nova support. Quicknode’s mission is to support all the developers building on the blockchain – and with Arbitrum Nova, Quicknode is moving a step further by not just providing RPC support but also participating in its DAC (Data Availability Certificates) committee to support the chain's operation.

Arbitrum

Arbitrum announced its AnyTrust technology earlier this year to make transactions cheaper and withdrawals of non-fungible tokens (NFTs) faster. Arbitrum launched a fresh new chain for general access today based on their AnyTrust technology called Arbitrum Nova, which is focused on decentralized social and gaming applications (dApps).

Arbitrum already has the Arbitrum One chain, which is 97% cheaper than Ethereum Mainnet for most transaction types. Arbitrum Nova takes this a step further to make transaction costs even cheaper and faster. Nova achieves this with the help of its DAC committee, which ensures data availability for the end users, and with the concept of minimal trust assumption, which assumes that at least two committee members are honest and will be able to provide the data. Here's how the process works: the transaction data is made available to the DAC committee via a sequencer, the DAC committee then signs the Data Availability Certificate for a batch of transactions, and then these certificates are stored on a smart contract on the Ethereum chain as opposed to the entire transaction data being stored on Ethereum in Arbitrum One. This brings down the cost as the amount of data being stored on Ethereum is significantly less.

The DAC committee

Quicknode, being a leading blockchain service provider, was selected as a DAC committee member for Arbitrum Nova. The DAC members will have to run Data availability servers which will let the transaction batch data be available via a REST API. Quicknode is thrilled to enter this space by being a member of the DAC committee alongside Offchain Labs, FTX, Google Cloud, Consensys, P2P, and Reddit.

The DAC committee assumes that at least two members are being honest in terms of data availability and protection of funds — the committee has six members for enhanced security. If members fail to provide the Data availability certificate, the committee loses consensus, and the chain then falls back to store the entire transaction data on the Ethereum chain until the DAC committee regains consensus. This ensures the protection of funds and smooth operation of the Nova chain.

Arbitrum Nova chain will highly benefit use-cases with huge transaction volumes and high NFT withdrawal rates, by making the entire process much cheaper and secure using its AnyTrust Technology.

Ready to get started building with Arbitrum Nova?

Sign up for a free Arbitrum Nova RPC on Quicknode.com

正在寻找关于 Web3 的开发者指南吗？ 快来看看我们的指南和 文档 吧！

想在收件箱里收到最新的Web3资讯吗？ 快来看看#Web3Vibes通讯吧！

为什么选择Quicknode？

我们让运行区块链节点变得简单，这样开发人员就可以专注于他们正在构建的去中心化应用（dApp），而不必担心DevOps/NodeOps、运行时间、可扩展性、安全性等问题。

We save you valuable time getting to-market while taking away the headache of node maintenance and synchronization. Quicknode is a valuable tool in every dApp developer’s arsenal that was created by developers for developers. Visit our guides section for more information.

如今，我们的网络每月处理数百亿次请求，这些请求来自全球10多个地区！

Check out the following links to get more information on Arbitrum Nova:

• Official Arbitrum Nova announcement blog

• Quicknode Arbitrum Nova Docs

• Arbitrum Nova bridge

• Arbitrum Nova Website

• Info around how to migrate your dApps to Arbitrum Nova

项目需要帮助或有疑问吗？请通过此表单、TwitterQuicknode 或在Discord 上联系我们！