Auto Added by WPeMatico

Rollups Are ‘Copies of the EVM,’ Not True Scaling Solutions, Says Developer

According to Adrian Brink, co-founder of Anoma and Namada, rollups offer little new functionality beyond the Ethereum Virtual Machine (EVM). He argues they are essentially execution-sharding solutions presented as true…

Continue ReadingRollups Are ‘Copies of the EVM,’ Not True Scaling Solutions, Says Developer

Optimism Raises $150 Million in Series B Funding Round Led by Paradigm and A16z

Optimism, an L2 (Layer 2) rollup solution for Ethereum, has raised $150 million in its Series B funding round coming from big companies in the venture capital (VC) scene. The…

Continue ReadingOptimism Raises $150 Million in Series B Funding Round Led by Paradigm and A16z

Consensys Launches Rollups Scaling Solution With Mastercard’s Support

Consensys, an Ethereum software company, announced yesterday the launch of a new scaling solution for Ethereum, called “Consensys Rollups.” The company enlisted Mastercard programmers to design the solution, which aims…

Continue ReadingConsensys Launches Rollups Scaling Solution With Mastercard’s Support