Polymer Labs Secures $23M in Series A Funding to Revolutionize Blockchain Interoperability
Polymer secured $23M in Series A funding, led by Blockchain Capital, Maven 11, and Distributed Global, with support from Coinbase Ventures and Digital Currency Group.
Polymer is on a mission to shape the future internet, ensuring open and modular interoperability across blockchain ecosystems. Their Layer 2 solution, utilizing the IBC Protocol and Optimism Stack, will serve as Ethereum's Interoperability Hub, linking billions in value across rollups.
Polymer secured $23M in Series A funding, led by Blockchain Capital, Maven 11, and Distributed Global, with support from Coinbase Ventures and Digital Currency Group.
Polymer is on a mission to shape the future internet, ensuring open and modular interoperability across blockchain ecosystems. Their Layer 2 solution, utilizing the IBC Protocol and Optimism Stack, will serve as Ethereum's Interoperability Hub, linking billions in value across rollups.
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Router Nitro Launches on Mainnet: Zero-Fee Period for Non-Ethereum Transactions
Router Nitro has launched on mainnet with zero fees for non-Ethereum transactions. Key features: 60% lower costs, high-speed transfers, support for nine chains (with nine more coming), enabling new DeFi possibilities, and a user-friendly interface.
Transitioning from Voyager, Nitro enhances cross-chain capabilities and encourages community engagement.
Router Nitro has launched on mainnet with zero fees for non-Ethereum transactions. Key features: 60% lower costs, high-speed transfers, support for nine chains (with nine more coming), enabling new DeFi possibilities, and a user-friendly interface.
Transitioning from Voyager, Nitro enhances cross-chain capabilities and encourages community engagement.
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Zircuit: Advancing Web3 with Fully EVM-Compatible Zero-Knowledge Rollup and Cutting-Edge Features
Zircuit is a zero-knowledge rollup designed to be fully compatible with EVM, aimed at advancing web3 capabilities. It combines robust infrastructure with zero-knowledge proofs and pioneering research for optimal performance.
Built on Geth, Halo2, and Optimism Bedrock, it seamlessly integrates with Ethereum applications. Transaction processing via SNARK proofs ensures both speed and cost efficiency.
Zircuit is a zero-knowledge rollup designed to be fully compatible with EVM, aimed at advancing web3 capabilities. It combines robust infrastructure with zero-knowledge proofs and pioneering research for optimal performance.
Built on Geth, Halo2, and Optimism Bedrock, it seamlessly integrates with Ethereum applications. Transaction processing via SNARK proofs ensures both speed and cost efficiency.
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Artela Validator Program Phase 1: Selecting Trailblazers for Decentralization
The project received an overwhelming response with 1500 applications in just 2 weeks, resulting in 180 active validators! Their selection criteria prioritize technical expertise, contributions, decentralization, and accountability. Onboarding is smooth, featuring gradual announcements. Test drills are scheduled for 2 months with weekly updates.
Mainnet delegation ensures fair distribution based on performance, while delegator rewards are extended on Mainnet with quarterly updates. They celebrate diverse expertise, recognizing positive contributions and welcoming GitHub contributions.
The project received an overwhelming response with 1500 applications in just 2 weeks, resulting in 180 active validators! Their selection criteria prioritize technical expertise, contributions, decentralization, and accountability. Onboarding is smooth, featuring gradual announcements. Test drills are scheduled for 2 months with weekly updates.
Mainnet delegation ensures fair distribution based on performance, while delegator rewards are extended on Mainnet with quarterly updates. They celebrate diverse expertise, recognizing positive contributions and welcoming GitHub contributions.
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Empowering Decentralized Innovation: Movement's Vision for Security, Performance and Accessibility
Movement, a pioneering network of modular Move-based blockchains committed to enhancing security, performance, and user experience in decentralized ecosystems. Powered by M2, the first MoveVM zk layer two on Ethereum, boasting <$0.01 gas fees and 160,000+ theoretical TPS, Movement stands as the fastest and most secure Layer Two option available, leveraging Celestia for Data Availability.
Its ecosystem encompasses DeFi, gaming, NFTs, and partnerships, facilitating Move's expansion across the blockchain sector. Movement Labs endeavors to democratize and decentralize Move's growth, making the programming language globally accessible to developers. This aims to dismantle barriers and spur innovation.
Movement, a pioneering network of modular Move-based blockchains committed to enhancing security, performance, and user experience in decentralized ecosystems. Powered by M2, the first MoveVM zk layer two on Ethereum, boasting <$0.01 gas fees and 160,000+ theoretical TPS, Movement stands as the fastest and most secure Layer Two option available, leveraging Celestia for Data Availability.
Its ecosystem encompasses DeFi, gaming, NFTs, and partnerships, facilitating Move's expansion across the blockchain sector. Movement Labs endeavors to democratize and decentralize Move's growth, making the programming language globally accessible to developers. This aims to dismantle barriers and spur innovation.
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Celestia Foundation Introduces Delegation Program to Strengthen Mainnet Beta
The Celestia Foundation Delegation Program's launch signifies a significant stride towards cultivating a fair and transparent process for enhancing Mainnet Beta's uptime performance. Prioritizing equality and resilience, this initiative seeks to empower all participants within the Celestia ecosystem.
As of Feb 1, 2024, applications are available for 50 out of 100 validator slots. The Foundation will evaluate candidates considering factors such as network stability and contributions to the ecosystem.
The Celestia Foundation Delegation Program's launch signifies a significant stride towards cultivating a fair and transparent process for enhancing Mainnet Beta's uptime performance. Prioritizing equality and resilience, this initiative seeks to empower all participants within the Celestia ecosystem.
As of Feb 1, 2024, applications are available for 50 out of 100 validator slots. The Foundation will evaluate candidates considering factors such as network stability and contributions to the ecosystem.
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