Ian Scarffe Posted
Bitcoin Development Company Layer 2 Labs Raises $3M to Bring Drivechains to Network
The round, which was funded by angel investors, will provide capital for the company to implement innovative sidechain systems on the Bitcoin network.
Layer 2 Labs has raised a $3 million seed round from angel investors to bring drivechains and other innovative technologies to Bitcoin.
Drivechains are a type of sidechain – a secondary blockchain that interacts with a primary blockchain and aims to offer a better user experience (UX). The company’s CEO and founder, Paul Sztorc, a well-known Bitcoin researcher and developer, has been working on drivechains since 2015.
https://www.coindesk.com/tech/2022/12/20/bitcoin-development-company-layer-2-labs-raises-3m-to-bring-drivechains-to-network/
#blockchain...
The round, which was funded by angel investors, will provide capital for the company to implement innovative sidechain systems on the Bitcoin network.
Layer 2 Labs has raised a $3 million seed round from angel investors to bring drivechains and other innovative technologies to Bitcoin.
Drivechains are a type of sidechain – a secondary blockchain that interacts with a primary blockchain and aims to offer a better user experience (UX). The company’s CEO and founder, Paul Sztorc, a well-known Bitcoin researcher and developer, has been working on drivechains since 2015.
https://www.coindesk.com/tech/2022/12/20/bitcoin-development-company-layer-2-labs-raises-3m-to-bring-drivechains-to-network/
#blockchain...