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Industries
Data & Analytics
Crypto & Web3
Company Size
11-50
Company Stage
Seed
Total Funding
$12M
Headquarters
Menlo Park, California
Founded
2021
Company Does Not Provide H1B Sponsorship
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Total Funding
$12M
Above
Industry Average
Funded Over
1 Rounds
Industry standards
Remote Work Options
Professional Development Budget
San Francisco, California, January 30th, 2024, ChainwireLinera, the layer-1 blockchain protocol pioneering microchains to give users their own blockspace, today announced the deployment of its Devnet.Founded by Mathieu Baudet, a former Meta researcher and infrastructure engineer who helped develop the technology underlying Novi digital payments called FastPay, Linera’s technology brings unprecedented horizontal scalability to web3 through its unique protocol.Linera’s groundbreaking microchain model grants each individual user wallet their own lightweight chains to store their assets and streamline web3 app interactions. Because Microchains are small enough to be replicated into browser extensions and mobile devices, Linera makes it easy for application interfaces to access the on-chain data of their users. The Linera system scales by adding chains, not by increasing the size or the production rate of blocks. During times of high demand, Linera’s validators expand dynamically like elastic web services. Scaling at the validator level rather than at the blockchain level, this fresh approach unlocks horizontal scalability for web3 applications requiring support for limitless active users and real-time interactions.Targeting Rust developers and built on the WebAssembly (Wasm) virtual machine, Linera’s Devnet is now available for testing. Developers can now test their projects on a small number of test validators operated by the Linera core team
We believe Linera’s network of microchains presents the critical breakthrough that can make the future of web3 real.
Linera, a layer-1 blockchain attempting to tackle scalability issues using 'microchains,' said it closed a new $6 million funding round led by venture capital fund Borderless Capital.
On August 16, Linera, a highly scalable layer-1 blockchain project, announced the completion of a $6 million raise, led by Borderless Capital, which included well-known investors such as a16z, ArkStream Capital, Tribe, GSR, and MH Ventures.
Welcome back to Chain Reaction. Last week, we talked about the NFT community being down bad but still down to party. This week, we’re looking at the desperation of web3 startups for a post-Apple tech industry
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Developer Relations
1 Open Roles
Industries
Data & Analytics
Crypto & Web3
Company Size
11-50
Company Stage
Seed
Total Funding
$12M
Headquarters
Menlo Park, California
Founded
2021
Remote in USA
Find jobs on Simplify and start your career today
Developer Relations
1 Open Roles