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With a focus on scalability, Chainlink Automation allows transactions to quickly identify and confirm even during periods of network congestion.In addition to being present on the blockchain of the market's leading altcoin, Chainlink Automation is on the BNB Chain, Polygon, Avalanche, Fantom and has recently arrived on Arbitrum. The highlights of this latest collaboration are the subject of this article.
These developments happen on Arbitrum, as it is an Optimistic Rollups technology. This Layer 2 protocol is designed to extend the throughput associated with the Ethereum base layer. It allows smart contracts on the ETH network to scale. Over the course of 2022, Chainlink was one of the blockchain projects that gathered the most partnerships around it, and it should continue this trajectory in the coming year. As an example, at the end of November, the oracle made 12 integrations of five Chainlink services on four different networks: BNB Chain, Ethereum, Optimism and Polygon.
Roll-up solutions like Arbitrum's, on the other hand, show investor interest because there is a great need for cheaper, more efficient and faster blockchain developments — virtues not yet seen on Ethereum.