en.coinotag.com
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Vlayer, a pioneering crypto startup, has successfully secured $10 million in a pre-seed funding round, focusing on the groundbreaking development of “Solidity 2.0.”
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This substantial funding will accelerate the launch of new features aimed at integrating real-world data into Ethereum’s smart contracts, addressing a crucial gap in blockchain technology.
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According to co-founder and CEO Hubert Rachwalski von Rejchwald, “We offer access to additional verifiable data sources directly from Solidity code,” highlighting the innovative capabilities of their platform.
Vlayer raises $10 million to develop “Solidity 2.0,” integrating real-world data into Ethereum smart contracts, marking a significant advancement in blockchain technology.
Vlayer’s Ambitious Endeavor to Revolutionize Ethereum’s Solidity Language
Vlayer’s introduction of Solidity 2.0 aims to enhance Ethereum’s capabilities significantly. With the newly raised $10 million, the startup plans to roll out four innovative functions: Time Travel, Teleport, Web proofs/zkTLS, and Email proofs/ZK Email. Each function serves a specific purpose:
- Time Travel: This feature allows smart contracts to execute using historical on-chain data, opening avenues for more complex,>
Integrating Real-World Data in Blockchain Development
As Vlayer progresses with its open alpha phase, the firm is onboarding developers from various sectors. The integration of verifiable data sources will be pivotal as decentralized applications (dApps) and AI technologies expand. Analysts believe that the demand for verifiable, trustless data in blockchain applications will grow exponentially, placing Vlayer at the forefront of this burgeoning market.
Other projects, such as zkPass and Reclaim Protocol, focus on a single area of verification, whereas Vlayer’s comprehensive framework integrates multiple data types. Rejchwald believes this holistic strategy is key to unlocking the potential of Solidity.