Friday, January 27, 2023
Sons of Toshi
  • Home
  • Cryptocurrency
  • Bitcoin
  • Ethereum
  • Blockchain
  • Altcoin
  • Market And Analysis
  • More
    • Ripple
    • Regulation
    • NFT
No Result
View All Result
SONS OF TOSHI
No Result
View All Result
Home Blockchain

Blockchain investor coinIX backs Beamer, a protocol to enable users to bridge tokens from one Ethereum rollup to another

sonsoftoshi by sonsoftoshi
November 30, 2022
in Blockchain
0
Ethereum Lost 15.27% to $1335.07 at 5 p.m. ET — Data Talk
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


EQS-Information: coinIX GmbH & Co. KGaA

RELATED POSTS

Crypto Investor Sues Argo Blockchain Over ‘False’ IPO Docs

Simba Chain to Offer Blockchain Platform to Agencies via Air Force Deal

/ Key phrase(s): Cryptocurrency / Blockchain/Funding

Blockchain investor coinIX backs Beamer, a protocol to allow customers to bridge tokens from one Ethereum rollup to a different

30.11.2022 / 15:22 CET/CEST
The issuer is solely liable for the content material of this announcement.

Blockchain investor coinIX backs Beamer, a protocol to allow customers to bridge tokens from one Ethereum rollup to a different

 

Hamburg, November thirtieth, 2022 – The Hamburg based mostly funding firm coinIX GmbH & Co. KGaA, which focuses on investments in digital property and blockchain expertise, contributes to Beamer.

Beamer is a bridging resolution that’s targeted solely on the Layer 2 ecosystem of Ethereum, which permits it to supply a superior consumer expertise in comparison with conventional or native bridges.

Ethereum plans to beat the scaling drawback with out decreasing the extent of decentralization. To this finish, varied Layer 2 scaling options are being launched. Essentially the most promising ones to this point are so-called rollups, which carry out transactions in a separate community and solely present proofs on Ethereum Layer 1. The safety of transactions processed on this method doesn’t differ from transactions written individually to the Ethereum Blockchain. Nevertheless, there’s a fragmentation of liquidity and new challenges in bridging between rollups on this case. As such, present bridging options are often costly and in some instances require considerably extra time to course of the transactions. As well as, they repeatedly supply vulnerabilities for safety assaults. 

Beamer goals to unravel these challenges. By using a decentralized community of so-called brokers which offer liquidity and keep balances on a number of rollups, native tokens might be moved cheaply inside seconds. Beamer leverages an optimistic method the place attainable disputes are solved utilizing sport principle components and might be escalated to Ethereum Layer 1.

On October tenth 2022, Beamer was launched on Mainnet beginning with two rollups and one stablecoin. Subsequently, the sources allotted might be used to increase the variety of out there rollups, assist extra tokens and to broaden the community of brokers. As a part of their growth, Beamer will work with bridge aggregators and functions to turn out to be one of many main bridges throughout Ethereum rollups.

Beamer is a venture from brainbot applied sciences AG, a number one blockchain improvement studio within the Ethereum ecosystem. Their crew has contributed to the event of Ethereum since 2014 and goals to create the core constructing blocks that allow broad adoption of public blockchains. Aside from Beamer, brainbot labored on Raiden up to now and is at the moment additionally growing Shutter Community.

Jacob Czepluch, Venture Lead of Beamer: “Our mission is to create the best, quickest and most safe cross-rollup bridge of the Ethereum L2 ecosystem. To permit new and skilled customers to bridge as easily as attainable. And in the end enabling a seamless, must-have bridging characteristic for dApps and common web3 tasks working throughout rollups.” 

Karl Gero Wendeborn, CEO of coinIX: “At coinIX, we consider in a rollup-centric way forward for Ethereum to beat the Blockchain trilemma – attaining decentralization, safety and scalability on the similar time. Beamer contributes to that future by eradicating the frictions throughout rollups. We’ve got robust confidence within the crew, which has been engaged on Ethereum because the early days and has a big community inside the ecosystem.”

Press contact: Karl Gero Wendeborn, CEO, kgw@coinix.capital, +494035676758

Investor Relations: Felix Krekel, CFO, fk@coinix.capital, +494035676758

About coinIX

coinIX GmbH & Co KGaA, based mostly in Hamburg, is a listed funding firm and has been investing within the broad spectrum of blockchain innovation since 2017. This contains the subsequent stage of digitalization in conventional industries, in addition to new fields corresponding to Decentralized Finance (DeFi) or NFT/Metaverse tasks. For this goal, coinIX invests in fairness of startups, early token tasks and liquid cryptocurrencies. It provides a listed share that’s traded on the open market of the Düsseldorf Inventory Change (WKN: A2LQ1G | ISIN: DE000A2LQ1G5 | Ticker: XCX).

 

 

 

30.11.2022 CET/CEST Dissemination of a Company Information, transmitted by EQS Information – a service of EQS Group AG.
The issuer is solely liable for the content material of this announcement.

The EQS Distribution Companies embody Regulatory Bulletins, Monetary/Company Information and Press Releases.
Archive at www.eqs-news.com



Source link

Tags: backsBeamerblockchainBridgecoinIXenableEthereuminvestorProtocolRollupTokensUsers
ShareTweetPin
sonsoftoshi

sonsoftoshi

Related Posts

Newsom Orders California To Craft Blockchain Regulations

Crypto Investor Sues Argo Blockchain Over ‘False’ IPO Docs

by sonsoftoshi
January 27, 2023
0

By Brian Steele (January 26, 2023, 8:12 PM EST) -- Buyers in Argo Blockchain PLC misplaced cash shortly within the...

Simba Chain to Offer Blockchain Platform to Agencies via Air Force Deal

Simba Chain to Offer Blockchain Platform to Agencies via Air Force Deal

by sonsoftoshi
January 26, 2023
0

Simba Chain has partnered with the Air Force Installation Contracting Center to allow federal companies to entry the previous’s blockchain...

U.S. Politicians are Actively Promoting Bitcoin and Blockchain By CoinEdition

U.S. Politicians are Actively Promoting Bitcoin and Blockchain By CoinEdition

by sonsoftoshi
January 26, 2023
0

© Reuters. U.S. Politicians are Actively Selling Bitcoin and Blockchain States in the US are actively concerned in Adoption.Texas is...

Should You Buy Innovation Blockchain Payment (IBP) Wednesday?

Should You Buy Innovation Blockchain Payment (IBP) Wednesday?

by sonsoftoshi
January 26, 2023
0

Innovation Blockchain Cost receives a mean short-term technical rating of 39 from InvestorsObserver information evaluation. The proprietary rating system focuses...

Ethereum NFT Hit Doodles Will Launch Doodles 2 on Flow Blockchain

Ethereum NFT Hit Doodles Will Launch Doodles 2 on Flow Blockchain

by sonsoftoshi
January 25, 2023
0

Doodles is likely one of the most outstanding Ethereum NFT tasks round, with colourful profile footage (PFPs) that stand out...

Next Post
Crypto Crisis: The Latest on BlockFi, FTX and Bitcoin – The Wall Street Journal

Crypto Crisis: The Latest on BlockFi, FTX and Bitcoin - The Wall Street Journal

Layer 1 Coins On Red Flag

The impact of Blockfi's Bankruptcy on The Top 10 Cryptocurrencies

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Should Ethereum Classic bulls wait for a dip to the range lows?

Should Ethereum Classic bulls wait for a dip to the range lows?

January 27, 2023
Crypto exchange FTX’s downfall was in many ways obvious

Crypto exchange FTX’s downfall was in many ways obvious

January 27, 2023

MOST VIEWED

  • EU Parliament Likely to Impose Rule on Crypto

    EU Parliament Likely to Impose Rule on Crypto

    0 shares
    Share 0 Tweet 0
  • Bitcoin Wallet Market 2022 by Keyplayers and Vendors:Xapo, ANXPRO, Wirex, Blockchain, CEX.IO, General Bytes, ItBit, Circle, Airbitz, 37coins, LocalBitcoins

    0 shares
    Share 0 Tweet 0
  • Fumb Games Mobile App Bitcoin Miner Integrates Real BTC Rewards via Zebedee – Bitcoin News

    0 shares
    Share 0 Tweet 0
  • Crypto Billionaire Brock Pierce Says Bitcoin (BTC) Will Either Crash to Zero or Explode to $1,000,000

    0 shares
    Share 0 Tweet 0
  • Binance, Huobi And OKX May Face Fresh Sanctions Against Russia

    0 shares
    Share 0 Tweet 0

Recent News

Should Ethereum Classic bulls wait for a dip to the range lows?

Should Ethereum Classic bulls wait for a dip to the range lows?

January 27, 2023
Crypto exchange FTX’s downfall was in many ways obvious

Crypto exchange FTX’s downfall was in many ways obvious

January 27, 2023
NFL Rivals’ Digital Player Cards Drop First NFTs Tomorrow

NFL Rivals’ Digital Player Cards Drop First NFTs Tomorrow

January 27, 2023

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Ethereum
  • Market And Analysis
  • NFT
  • Regulation
  • Ripple

Follow Us

Find Via Tags

Altcoin Altcoins Analysis Binance Bitcoin blockchain BTC Buy Cardano Coin Coinbase Crash Crypto Cryptocurrency Digital Dogecoin ETH Ethereum Exchange FTX Heres Inu Investors market Merge Metaverse Million mining News NFT NFTs Price Prices rally Regulation ripple Risk SEC Shiba Solana Token Top Trading Week XRP

© 2021 Sons Of Toshi

No Result
View All Result
  • Home
  • Cryptocurrency
  • Bitcoin
  • Ethereum
  • Blockchain
  • Altcoin
  • Market And Analysis
  • More
    • Ripple
    • Regulation
    • NFT

© 2021 Sons Of Toshi