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ITU Blockchain
@itublockchain
🏛️ITU Blockchain has voted in favour of the @arbitrum’s ArbOS 31 “Bianca” (Stylus, RIP-7212 Support, Nova Fee Router) Let’s dive into it 👇🏼🧵
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ITU Blockchain
@itublockchain
[1/5] The proposal consists of three important parts: Stylus Integration 🖥️, RIP-7212 Support 🔐, and the Nova Fee Router 🚀. Each of these updates plays a crucial role in the development and growth of the Arbitrum ecosystem. 🌱
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ITU Blockchain
@itublockchain
[2/5] Stylus Integration, allows developers to write smart contracts using languages like C++ and Rust, in addition to Solidity. This integration also makes the virtual machine compatible with the Ethereum Virtual Machine (EVM), improving memory efficiency. 💾
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ITU Blockchain
@itublockchain
[3/5] The RIP-7212 component focuses on boosting both security and user experience with advanced authentication like FaceID and TouchID using passkeys 🛡️. Plus, it cuts secp256r1 verification costs (a popular elliptic curve for digital signatures) by 99%, enhancing efficiency.⚡
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ITU Blockchain
@itublockchain
[4/5] The Nova Fee Router aims to streamline fee access from Nova. Currently, fees are routed to the Core Governance L1 Timelock, making it time-consuming and costly ⏳💰. The new router directs fees straight to the Arbitrum DAO treasury, greatly improving efficiency. ⚙️
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ITU Blockchain
@itublockchain
[5/5] In summary, we support the proposal as it empowers developers with Stylus, enhances user experience with RIP-7212, and improves governance by streamlining fees through the Nova Fee Router. These upgrades are essential for community progress. 🛠️🔒
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ITU Blockchain
@itublockchain
✍🏼 Brought to you by @bused Mehmet Akif Dündar
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