Peter Thiel's Founders Fund backs Ethereum scaling network Layer N

France Nouvelles Nouvelles

Peter Thiel's Founders Fund backs Ethereum scaling network Layer N
France Dernières Nouvelles,France Actualités
  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 53%

Ethereum scaling network developer Layer N has raised $5 million in a seed round co-led by Founders Fund and dao5.

last November. At the time, Layer N said FTX Ventures, Solana Ventures, Solana Foundation, and Solana Labs co-founders Anatoly Yakovenko and Raj Gokal were investors in Layer N. Romanov now says,"we never ended up taking any money/ signing anything," and that the round was called off after the collapse of FTX.

When asked if Layer N is planning to launch its own native token, Romanov said there is no concrete plan for that yet.Layer N is an Ethereum Layer 2 network that aims to help create an on-chain rival to the Nasdaq. It is specifically designed to scale financial applications on Ethereum."We spent two years building, talking to users, engaging institutional firms, and experienced first-hand the many challenges that protocols faced.

Layer N said Nord's on-chain infrastructure is comparable to existing centralized exchanges from a performance and user experience perspective. Node will allow decentralized exchanges to launch their own rollups to enable Binance/ Coinbase-like performance, Romanov said, adding that"no other product compares to that ."

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

TheBlock__ /  🏆 464. in US

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Astar Network to launch zkEVM Ethereum Layer 2 powered by PolygonAstar Network to launch zkEVM Ethereum Layer 2 powered by PolygonAstar Network is working with the Ethereum scaling developer Polygon Labs to launch its Layer 2 solution, Astar zkEVM.
Lire la suite »

The Dance of Founders: The Unsung Power of Co-Founders in Bridging GapsIn a world that champions individual brilliance, let's take a moment to appreciate the collaborative symphonies that truly drive innovation and success.
Lire la suite »

Squid unveils direct swaps across Cosmos and EVM blockchainsSquid unveils direct swaps across Cosmos and EVM blockchainsSquid has enabled swaps simultaneously across Ethereum, various Ethereum Virtual Machine blockchains and the Cosmos ecosystem.
Lire la suite »

Polychain-backed Manta launches Pacific Layer 2 on mainnetPolychain-backed Manta launches Pacific Layer 2 on mainnetManta Network announced the mainnet launch of Manta Pacific, its Layer 2 blockchain that allows the development of ZK-enabled apps.
Lire la suite »

BNB Chain’s Layer 2 Network opBNB Goes LiveBNB Chain’s Layer 2 Network opBNB Goes LiveThe Ethereum Virtual Machine (EVM)-compatible L2 chain scalability solution based on Optimism OP Stack expands the BNB Chain ecosystem to provide cheaper gas fees for projects.
Lire la suite »

BNB Chain Optimism-powered layer-2 opBNB hits mainnetBNB Chain Optimism-powered layer-2 opBNB hits mainnetBNB Chain launches mainnet of its layer 2 scaling network opBNB, tapping into Optimistic rollup technology to reduce fees and transaction times.
Lire la suite »



Render Time: 2025-03-01 23:44:54