HomeCrypto GamingTate Berenbaum Launches 'AO Ventures,' With $35M for Arweave Development

Tate Berenbaum Launches ‘AO Ventures,’ With $35M for Arweave Development

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April 11: QED Protocol, the world’s first zk-native blockchain protocol, along with StarkWare, zkLink, Mina Protocol, O(1) Labs, introduced the launch of the L2O Consortium, a bunch of tasks and protocols dedicated to bringing Bitcoin’s native safety, web scale, and interoperability to functions and Layer 2 options. In accordance with a press launch: “The consortium is developing reference implementations, tools, and resources for developers looking to build DApps or deploy Layer 2s on top of Bitcoin and enable trustless interoperability between applications by coordinating standards across solutions, leveraging ordinals and zero-knowledge proofs to bridge the technical gaps that previously hampered smart contract-like functionality on Bitcoin.” The reference implementations are right here within the mission documentation.

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