When it comes to security there are always some loopholes. And every tech project or the business has to spend a lot on the security side. And that is one of the ways the market get to trust that project. In case of the blockchains there are lot of such security issues which are meant to be fixed with the audits and public hackathons. 

Arbitrum the L2 on the Ethereum and home of many good apps and the games has decided to go for the audit and regular put on the audit rounds for patching security issues. The 14 million investment from the arbitrum foundation is coming for the security audit. 

There is a formation of the committee which is going to make the foundation strong with the elected members which would make the audits on the network projects. And this would help improve the Arbitrum ecosystem which would make it easier for the users to trust the network. And developers would have to worry less about integrations. 

This type of audits are done by every population chains. Some of the chains rely on the blockchain DAO and the foundations process for the security audits. And there are many companies being formed for the blockchain audits. And this can make the blockchain development lot easier for management too. 

Arbitrum and polygon are growing and they do need security audit. The more you think about Ethereum the more alt L2 chains are going to be playing more serious roles because main chain is going to be more costly over time and chains like Arb and polygon are going to hold the castle for years to come.