Israel-based StarkWare announced on Nov 16 via Twitter that it had raised $50 million in a Series C funding round, and that the firm’s valuation is now at $2 billion. Sequoia Capital was the lead investor, among other contributors. Seven months ago, StarkWare raised $75 million in a Series B funding led by Paradigm.We are excited to announce our Series C of $50M at $2B.A big … [Read more...] about Ethereum Layer-two developer StarkWare valued at $2B following $50M raise
Layertwo
Nervos debuts mainnet beta layer-two blockchain project
Public blockchain platform Nervos Network has announced the mainnet beta launch of Godwoken.The layer-two blockchain protocol integrates Ethereum Virtual Machine capabilities and optimistic rollup mechanics to provide instant transaction finality and low fees within an Ethereum-like environment. Built upon the existing Nervos layer-one network, the multichain solution seeks to … [Read more...] about Nervos debuts mainnet beta layer-two blockchain project
Want to improve blockchain infrastructure? Work under layer-two solutions
There has been a lot of talk about how blockchain unlocks endless enterprise opportunities. And although all this buzz has not entirely translated to tangible results, the explosion of the decentralized finance and nonfungible token (NFT) markets has laid down markers on what is achievable and how blockchain can truly impact even the most conservative industries.So unlike two … [Read more...] about Want to improve blockchain infrastructure? Work under layer-two solutions
Synthetix turns on layer-two alpha, launches Olympics betting on options platform
Decentralized derivatives and synthetic asset trading protocol, Synthetix, has launched trading on the Optimistic Ethereum layer two scaling platform.The long-awaited launch was announced by the Synthetix protocol exchange Kwenta on July 30. It enables the exchange to offer faster transactions and lower fees using optimistic rollup technology.Initially, there will be just four … [Read more...] about Synthetix turns on layer-two alpha, launches Olympics betting on options platform
Dfinity founder takes aim at Ethereum’s complex layer-two solutions
Dominic Williams, the founder of Dfinity and its Internet Computer, has slammed the scaling solutions put forward by Polkadot and Ethereum for offering a disjointed user experience.The self-described “blockchain maximalist” criticized Ethereum’s burgeoning ecosystem of second-layer scaling solutions, describing Ethereum as starting to resembling a ridiculously elaborate “Rube … [Read more...] about Dfinity founder takes aim at Ethereum’s complex layer-two solutions