How This Ethereum L2 Pioneer Bagged $11M in Funding - The Inside Story
In the rapidly evolving landscape of blockchain technology, the development of a declarative, intent-based blockchain marks a pivotal shift towards a more scalable and user-focused approach Essential, an Ethereum layer-2 blockchain leveraging the Optimism rollup, recently secured $11 million in a Series A funding round led by Archetype This significant financial injection, increasing the total raised to $16 15 million, underscores the growing interest and belief in the transformative potential of declarative blockchains Essential's approach to addressing user intents off-chain to improve scalability is a promising innovation in the blockchain sector...
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