According to official news, Offchain Labs, the developer of the Ethereum scaling solution Arbitrum, released the Arbitrum Nitro white paper and defined it as the second-generation Layer 2 blockchain protocol.
Arbitrum Nitro is said to provide higher capacity, faster finality and more efficient dispute resolution than previous Rollups technology.
As previously reported, the ArbitrumOne mainnet will migrate to Nitro on August 31.