Layer 2 protocol RISE Chain completes $3.2 million seed round financing, led by Finality Capital.

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2024-09-16 13:11:40

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Odaily Planet Daily News, Layer 2 protocol RISE Chain completed a $3.2 million seed round of financing, led by Finality Capital, with participation from Orange DAO, DACM, ether.fi Ventures, P2 Ventures, MH Ventures, Public Works, Vitalik Buterin, Stani Kulechov, Anthony Sassano (aka sassal.eth), DCF God, and others. It is reported that RISE Chain aims to usher in a new era of Gigagas applications. The RISE technology stack provides a throughput of over 1 billion gas per second through step-by-step improvements, solving execution and state access issues, including pevm - the fastest public EVM execution engine, continuous execution, versioned Merkle trees, and RiseDB. (The Block)

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SkyHigh

· 2024-09-17 02:40

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