|

|

Enabling Fast Withdrawals on Arbitrum Orbit Chains

Enabling Fast Withdrawals on Arbitrum Orbit Chains

Published on

Oct 29, 2024

Fast Withdrawals are now live and fully supported for Caldera chains built on the Arbitrum Orbit stack. This new feature represents a major upgrade to cross-chain user experience, reducing user withdrawal times to just 15 minutes rather than the traditional seven-day period.

Interested in learning more about Fast Withdrawals for your Arbitrum Orbit rollup? Get in touch with us.

How do Fast Withdrawals work?

Optimistic rollups today are slowed by a mandatory multi-day challenge window, designed to give validators time to catch and flag fraudulent transactions via fraud proofs. While essential to rollup security, this process extends the time it takes for users and dApps to reach finality, resulting in today’s lengthy, status quo seven-day waiting period.

Arbitrum’s Fast Withdrawal feature addresses these delays by introducing a new transaction finality mechanism for Orbit chains. Here, transactions are verified by a validator committee, and all transactions that reach consensus among the members of the committee are confirmed immediately, bypassing the traditional challenge period and enabling rapid finality. This novel approach enables:

  • Configurable withdrawal intervals, allowing for periods as short as 15 minutes.

  • Quicker confirmation of withdrawals on the parent chain, with intervals as short as 15 minutes.

  • Faster access to finalized states for cross-chain dApps, aligned with the chosen withdrawal frequency.

Fast Withdrawals on Caldera

Fast Withdrawals represent a significant advancement in the performance and usability of Orbit chains, addressing and improving upon one of the few drawbacks of the Optimistic rollup architecture: delayed transaction finality. By reducing wait times for withdrawals and enhancing the speed of cross-chain communications, Fast Withdrawals unlock significantly greater efficiency for both users and developers, allowing for smoother cross-chain interactions, quicker access to user funds, and a more streamlined experience across the Ethereum ecosystem. We’re thrilled to unveil this feature along with our friends at Sanko, Layer of Cheese, and Blessnet, who make up the first set of Caldera chains to adopt Fast Withdrawals.

Get in touch if you’d like to deploy an Arbitrum Orbit chain with Fast Withdrawals!

About Caldera

Caldera is one of the fastest-growing rollup ecosystems on Ethereum, empowering web3 teams to launch high-performance, customizable, application-specific rollups. Dozens of leading EVM chains, including Manta, Apechain, Kinto, Injective, RARI Chain and Zero Network by Zerion, use our trusted Rollup-as-a-Service platform to enjoy unified connectivity with rollups across all leading frameworks.

Website | X/Twitter | Docs | Metalayer