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The official declare for the token went reside on the Ethereum block top of 16,890,400 at 13:05 UTC. The declare web site went down beneath heavy visitors, as did the blockchain’s block explorer. Arbitrum, which began working in 2021, is the biggest layer 2 blockchain on Ethereum, reaching scalability by utilizing a method referred to as transaction rollups, which sends batches of transactions to the Ethereum mainnet.
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