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RISE Chain

Published: Sep 19, 2024

RISE is a Layer 2 blockchain developed by Rise Labs that introduces the Rise pEVM (Parallel Ethereum Virtual Machine). The Rise pEVM enables parallel execution of Ethereum-compatible smart contracts, allowing multiple contracts to run simultaneously. This enhances scalability and performance by increasing transaction throughput and reducing latency.

Seed Round: $3.2 Million

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Overview

Project industry	Blockchain Infrastructure / Layer-2
Product type	Technology
Founded	Vietnam
Whitepaper	Open
Onepager	Open

What is RISE Chain

RISE is a next-gen Layer 2 revolutionizing the blockchain landscape with unprecedented performance, achieving over 100,000 transactions per second and ushering in the Gigagas Era. As a next-generation Layer 2, RISE makes the full potential of blockchain technology accessible to everyone, from developers to end-users.

True to Ethereum's vision, we're shattering scalability limits while preserving the pillars of security and decentralization. Our groundbreaking architecture enables near-instantaneous, low-cost transactions capable of supporting millions of users simultaneously.

This leap in performance isn't just an incremental improvement – it's a transformation that unlocks an entirely new generation of blockchain applications.