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Andrei, a blockchain engineer and developer advocate, discusses building hybrid smart contracts and DeFi apps using Chainlink price feeds. He explains that Arbitrum is an optimistic scaling solution on Ethereum, addressing the issues of expensive and slow transactions. Other scaling solutions include layer 2 roll-ups, state and payment channels, side chains, plasma, and validium. Roll-ups and state channels inherit the security of Ethereum's layer 1, allowing for fast and cheap transactions on layer 2.
