Lemniscap
@lemniscap
1/6 We're delighted to have led the $2.6M seed round for @alignedlayer, with participation from @banklessvc & @papervc, as well as strategic investments from @starkwareltd & @o1labs!
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Lemniscap
@lemniscap
2/6 The round also included investments from angels @sreeramkannan, @bkase, Daniel Lubarov, @dcbuilder, @chainyoda, @weikeng, Sam Benyakoub, Size Chad & @lucaskozinski.
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Lemniscap
@lemniscap
3/6 Aligned Layer is the first decentralised verification layer for Ethereum, powered by EigenLayer – providing infrastructure for the future of trustless applications, enabling cost-effective verification of any SNARK proof.
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Lemniscap
@lemniscap
4/6 Ethereum wasn't originally designed for Zero-Knowledge Proofs (ZKPs), presenting complex challenges & limitations when it comes to integrating new primitives for evolving proving systems, meaning not every proof system can be easily verified.
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Lemniscap
@lemniscap
5/6 Aligned Layer addresses this prevalent industry issue, harnessing the security of Ethereum to verify ZKPs, enabling multiple verifiers to be deployed to check any type of proof in a timely fashion.
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Lemniscap
@lemniscap
6/6 Congratulations to Fede, @thisisrj and the rest of the @alignedlayer team on today's announcement! We're proud to support their mission to broaden the ZK capabilities of Ethereum while supporting the development & research community engaged in a range of proof systems.
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