Arbitrum will launch a new version of Nitro based on WASM, which can increase code execution speed by over 20 times
On October 12th, Arbitrum, the expansion solution for Ethereum, announced that it will launch the next version of Arbitrum One, ArbitrumNitro.
Arbitrum Nitro is built on WASM technology and compiles the core of the Ethereum client Geth (the EVM engine that actually defines the Ethereum standard) into Arbitrum, so the new version is more compatible with EVM and is an order of magnitude faster than the current technology.
The team expects that after ArbitrumNitro runs, the second layer execution speed will be increased by 20 to 50 times, and the cost will be reduced. The team said that the specific time will be announced in the next few weeks. ArbitrumNitro will first launch an independent testnet, then will upgrade the existing ArbitrumRinkeby testnet, and finally will promote ArbitrumNitro as an upgrade to ArbitrumOne.
When upgrading ArbitrumOne seamlessly, there is no need to migrate any content, existing DApps can still work, and existing data can still be accessed.