SovereignSovereign is an ecosystem of interoperable and scalable rollups that can run on any blockchain. The Sovereign SDK is a free and open-source toolkit for building zk-rollups that is currently under development. Seed Round: $7.4 Million IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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What is Sovereign
Sovereign Labs is building a software development kit (SDK) that makes it easier for developers to create interoperable zero-knowledge rollups. A rollup is a special type of blockchain that derives some of its security from another blockchain, thereby allowing for scalability without sacrificing security. The new Sovereign SDK is designed to be interoperable, scalable and able to be seamlessly deployed on any layer 1 blockchain.
At a high level, the Sovereign SDK aims to do three things.
- First, it will provide a standard interface that allows rollups to communicate with data availability layers. This standard interface will make it easy for rollups to deploy on new data availability layers - and for new chains to support existing rollups.
- Second, it will integrate with cryptographic compilers. Developers will be able to write their code in standard programming languages, and the SDK will automatically convert their business logic into a form that’s cryptographically verifiable.
- Finally, it will provide default implementations of common blockchain primitives like tokens, NFTs, and bridges.
DetailsRaised: 7,400,000 USDLegalRegistration year: 2022 |