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Arbitrum launches expansion plan and developer association, supporting the creation of custom chains

Arbitrum launches expansion plan and developer association, supporting the creation of custom chains

2024/01/19 01:05
ARB-2.90%ETH-1.54%

The Arbitrum Foundation, in partnership with Offchain Labs, has announced the launch of a new Arbitrum expansion program and an Arbitrum Developers Association. This initiative will provide a more convenient self-service path for teams interested in launching projects on the Arbitrum technology chain, enabling them to join the expansion program and launch customized Arbitrum Orbit chains. This means that any project can deploy its own custom version of the Arbitrum tech stack. A key feature of the Arbitrum Orbit is that these chains will have full control over their governance without outsourcing or sharing governance with other chains and ecosystems. Through this plan, teams are free to customize and innovate. Moreover, two main requirements for participating in the Arbitrum expansion program are that participants need to give back a portion of their profits to the Arbitrum ecosystem and that deployed Rollups must exclusively rely on Ethereum or chains secured by Ethereum. The newly introduced  Arbitum Developer's Association aims at funding core development efforts for Arbritum while attracting top-tier development teams to contribute towards it's tech stack . The implementation of this plan is expected to further strengthen the Ethereum ecosystem by making advanced technologies from Arbritum available for any team wishing to launch L2 or L3 within it.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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