Arbitrum is currently leading among Layer 2 solutions, but its position at the top is contingent on maintaining blockchain security. The recent "March bug" causing a 7-hour outage, coupled with another bug just five months prior, is a concern for the company. They've indicated that they will retain the "beta" label until decentralization is achieved, regardless of the lack of a native token. Some industry experts predict that in the future, humans will interact with dApps on L2s while L1s will only serve bots. As a result, Arbitrum may become solely recognized by developers as a brand name, with the general public unaware of its existence.

Analyst Patrick came with news about some FUD. It is about budget concerns for the Arbitrum Foundation, as the community has demanded the return of 700 million $ARB tokens to the DAO Treasury before proceeding with their budget plan.

Source https://tokeninsight.com/en/news/arbitrum-community-demands-return-of-700m-arb-tokens-to-dao-treasury Show Less

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