FANTOM AND ARBITRUM OFFICIALLY JOIN THE PARTY

DePocket
2 min readJun 3, 2022

Hey guys, I’m glad to tell you that Arbitrum and Fantom have officially joined our party. This event has marked our achievement of ten supported chains, including Binance Smart Chain, Solana, Near Protocol, Ethereum, Avalanche, Moonbeam, MoonRiver, and Aurora, besides these two new ones. Adding Arbitrum and fantom will bring fresh air for DePocket. Because there are few competitors who support these two blockchains, despite the fact that user demand is extremely high.

Arbitrum is a project that works on Layer 2 in order to clear congestion on the Ethereum network’s Layer 1 grid by subdividing challenges into very small quantities so that they may be delivered back to Layer 1 rapidly. To put it another way, Arbitrum reduces the volume of activity on Layer 1 by condensing data into smaller quantities, allowing the Ethereum system to perform more effectively and efficiently. Therefore, user demand for Arbitrum has been rising considerably, especially when Ethereum gets congested.

On the other hand, Fantom is a layer-1 distributed ledger that allows smart contracts to be deployed seamlessly over its network. The platform employs an innovative DAG (Directed Acyclic Graph) that ensures fast and safe transactions by allowing computer nodes in a network to connect in a seamless manner. The (DAG) smart contract platform was created to solve the issues that plagued the previous generation of blockchain platforms. With these technical advantages, there have been many projects developed on the Fantom network. That makes it one of the most popular blockchains that users choose to invest in cryptocurrencies and NFTs.

Now, users can manage these assets on those two chains, without connecting your wallets. Besides that, you can check the balance anywhere, anytime, making the lifestyle more convenient.

DePocket hopes that the addition of new blockchains can bring more convenience to our customers in managing digital assets. Have fun!

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DePocket

An Integrated Defi Platform, to better manage and invest your assets across Multichain & Multiwallet.