Merlin Chain Raises Funds to Scale Bitcoin with ZK-Rollup
Merlin Chain, a native Bitcoin Layer2 project, announced funding from 24 investors, including OKX Ventures, ABCDE, Foresight Ventures, and Arkstream Capital. The project aims to scale Bitcoin with ZK-Rollup, decentralized oracle, and fraud-proof technologies and to make Bitcoin fun again. The project did not disclose the amount of the funding but said that it will […]
Ethereum’s Proto-Danksharding to Drastically Reduce Rollup Costs
Nicolas Liochon, the director of Consensys zkEVM Linea, says the company’s Ethereum layer 2 scaling solution will improve speed and execution as it undergoes optimization. Nicolas Liochon, the head of Consensys’ zkEVM Linea, predicts that proto-danksharding will drastically reduce the cost of roll ups. Zero-knowledge proof (ZK-proof) solutions have proven to be crucial in assisting […]