jakiro
Written; 0xjs@
On June 4, 2024, Avail, a modular blockchain project, announced that it raised $ 43 million in Series A financing led by Founders Fund, Dragonfly and Cyber Fund.
A new round of financing will be used to build a unified layer of Avail. The unified layer combines data availability, cross -chain coordination and sharing security, so that the modular blockchain can expand and interoperate in a way without permission and security.operate.
On March 25, 2024, Avail announced that it had raised $ 27 million seed round funds, which was also led by Founders Fund and Dragonfly.
Coupled with Avail’s original $ 5 million pre -seedling financing, Avail currently raises a total of $ 75 million.Other investors also include Sevenx, Figments, Nomad Capital, LocalGlobe, Altos Ventures, Chaptu One, SuperScrypt, ForeSight Ventures, Mirana Ventures, KR1, RW3 DAO, Hashkey, Elixir Capital, Spark Digital Capital, and some angel investors.
Avail was initially launched in Polygon Labs. It was split out of Polygon in March 2023. It has now developed into a mature independent entity. It was led by former Polygon founder Anurag Arjun and research director Prabal Banerjee.Avail has adopted the experience of building blockchain infrastructure and using cutting -edge ZK technology for many years, and adopted a unique method to solve the problems facing ROLLUP scalability, interoperability and security.
“We need a way to enable Rollup to expand and gather together without permission, so that transactions across rollup can be seamlessly connected.” -Avail founder Anurag Arjun
“We need to accept such a fact: Many ecosystems will coexist and they need to communicate with each other. We can start with the first principle to solve this problem and build a more cohesive solution for developers and users.” -Avail founder PrabalBarjee
ONIFICATION LAYER overview of Avail’s web3
The uniform layer of Avail consists of three core modules, which are Avail Da, Avail Nexus, and Avail Fusion.Avail DA solves the problem of data availability, Avail Nexus solves the problem of cross -chain coordination, and Avail Fusion solves the problem of sharing security.
Data availability module avail da:Although the encrypted industry has adopted many methods to expand DA, the Avail’s method is unique. It lays the foundation for a wider range of blockchain interoperability through effective proof and data usability sampling (DAS).This allows anyone to verify the DA guarantee in less than a minute without relying on the whole node.
Cross -chain coordination module Avail Nexus:Based on the unique features of Avail DA, a cross -chain coordination center is formed, which has unprecedented ways to connect users and liquidity.Avail Nexus acts as the verification center of Unification Rollup and uses Avail DA as a trust root.Avail Nexus is based on Avail’s custom ZK coordination Rollup, including: proof aggregation and verification layers, sorter selection/grooves auction mechanism, Nexus will also regularly submit ROLLUP to the Ethereum and Avail DA layers for verification.The custom module in Avail DA verifies the ROLLUP proof.
Sharing security module Avail Fusion:In order to provide a strong crypto economic security for the Unified Center, Avail is building a solution to further unify the blockchain ecosystem.By expanding the re -pledged assets including ETH and BTC, Avail is laying the foundation for the innovative shared security layer.The use of Avail’s Rollup will benefit from the available encryption economic security of Avail Fusion, which is a shared security layer of a basket of encryption assets.
Each part of the Avail unified layer aims to enhance the experience of blockchain developers and users in the world.Developers can freely choose any technology they like and can build custom blockchain based on their specific cases.They only need a few lines of code to inherit all the core functions of Avail Da.On the other hand, blockchain users can experience bridge -free transactions, because the complexity of cross -chain transfer assets is managed by Nexus.
Avail said that with the completion of the A round of financing and the announcement of the Avail Unification Drop airdrop, the next important milestone was to launch Avail DA on the main network.
