a16z just raised $7.2 billion for five of its venture strategies, with $600 million allocated for AI and gaming.
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espresso systems
The ‘Lunatic’ Movement: A Look at Terra LUNA’s Inception and the People That Helped Do Kwon Rise
After the LUNA and UST meltdown, many crypto investors have been curious about the project’s rise in popularity and people wonder about the background of Terra’s co-founder Do Kwon. Moreover, it is not commonly known that Terraform Labs was also founded by Daniel Shin, the founder of a payment firm called CHAI. After Shin left […]Researchers From Stanford University Working on New Privacy-Focused Blockchain
Cryptography researchers from Stanford University are developing a new privacy-focused layer-1 blockchain. According to a new press release, the Espresso Systems project aims to build a blockchain combining “proof-of-stake consensus and a [Zero-Knowledge]-Rollup mechanism to achieve high throughput and low fees.” Espresso Systems has already raised $32 million in funding led by Greylock Partners and […]
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