Nil Foundation behind ZKP-based Proof Market raises $22 million.
Nil Foundation, behind the zero-knowledge proof (ZKP) protocol Proof Market, raised $22 million at a $220 million valuation. The round was led by Polychain Capital, The Block reports.Layer 2 solutions are protocols built on top of blockchains to improve scalability and efficiency.
Nil Foundation behind ZKP-based Proof Market raises $22 million.
Nil Foundation, behind the zero-knowledge proof (ZKP) protocol Proof Market, raised $22 million at a $220 million valuation. The round was led by Polychain Capital, The Block reports.
Optimism L2 Protocol Surpasses Arbitrum in Daily Transaction Volume
Optimism surpassed the competing Arbitrum platform in daily transaction volume.
Shiba Inu team announces beta launch of Ethereum-based L2 network
The Shiba Inu meme-token developers announced a forthcoming beta launch of Shibarium — a second-layer network built on Ethereum.
2022 in figures: Bitcoin crash, FTX collapse and the rise of L2 solutions
The 2022 year in review is complete, but now it’s time to take a look at the numbers — presenting ForkLog’s annual report on the key changes across segments of the industry.
BitDAO launches Mantle L2 testnet
The decentralized autonomous organization (DAO) BitDAO launched the public testnet for Mantle, a modular L2 solution.
Polygon updates zkEVM testnet ahead of mainnet launch
The Polygon project unveiled the final pre-mainnet version of its test network for scaling Ethereum called zkEVM.
Visa reviews StarkNet for automating recurring payments
The Visa payment system reviewed the Ethereum layer-2 solution StarkNet to enable automated and programmable payments.
BitDAO unveils Mantle, a modular L2 solution
The decentralised autonomous organisation (DAO) BitDAO announced a 'soft launch' of Mantle, a modular Layer-2 solution.
Vitalik Buterin proposed using zk-SNARKs to verify exchange reserves
Ethereum founder Vitalik Buterin proposed using zk-SNARKs to verify data on the reserves of cryptocurrency exchanges. In his view, the technology would make the Proof-of-Reserve (PoR) procedure more efficient.We use cookies to improve the quality of our service.
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