> For the complete documentation index, see [llms.txt](https://parallax-finance.gitbook.io/parallax-finance-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://parallax-finance.gitbook.io/parallax-finance-docs/overview/network/home-on-arbitrum.md).

# Home on Arbitrum

Lifting off on Arbitrum

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## Our Thesis 📜

We believe that by 2024, there will be more projects built on Arbitrum than most L1s. We strongly believe this thesis and are working towards a future where Parallax can help grow the Arbitrum ecosystem.&#x20;

### Here are our top 10 reasons why we believe in an Arbitrum-led future :

1. **Ethereum network congestion**\
   As the Ethereum network continues to face issues with scalability, high gas fees, and network congestion, Layer 2 solutions like Arbitrum become increasingly attractive to developers and users.<br>
2. **Optimistic rollups technology**\
   Arbitrum uses optimistic rollups, which provide significant improvements in transaction throughput, ultimately making the platform more scalable and usable.<br>
3. **Compatibility with Ethereum**\
   Arbitrum is designed to be compatible with Ethereum, making it easier for developers to migrate their existing smart contracts and applications with minimal changes.<br>
4. **Developer adoption**\
   The simplicity of deploying applications on Arbitrum encourages developers to choose the platform for their projects, contributing to its growth.<br>
5. **User experience**\
   Arbitrum's faster transactions and lower fees can significantly improve the user experience, making it more appealing to users and driving adoption.<br>
6. I**nteroperability**\
   Arbitrum's commitment to interoperability with other Layer 2 solutions and blockchains promotes collaboration and encourages a wider adoption of the platform.<br>
7. **Security**\
   Arbitrum leverages Ethereum's security infrastructure, providing users with confidence in the platform's reliability and trustworthiness.<br>
8. **Growing DeFi ecosystem**\
   As the decentralized finance (DeFi) ecosystem expands, the need for scalable solutions becomes more critical. Arbitrum's ability to facilitate high-throughput transactions makes it an attractive option for DeFi projects.<br>
9. **Support from the Ethereum community**\
   Arbitrum has garnered support from key figures within the Ethereum community, which helps build credibility and promote adoption.<br>
10. **Continuous development and innovation**\
    The team behind Arbitrum is dedicated to continuously developing and refining the platform, ensuring it remains at the forefront of Layer 2 solutions and stays competitive in the rapidly evolving blockchain industry.