Building the financial future internet natives deserve using cryptography and markets.
Ethereum
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We're thrilled to announce that we've raised $1 million, led by @class_lambda.
We are dedicated to building financial products for every internet user. This will only be possible by constructing financial markets on @Ethereum, utilizing cryptography and distributed systems.
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1. Excited to introduce Aligned Layer! We're building a layer for SNARK proof verification on top of @eigencloud, using @ethereum's security while extending it's ZK verification and aggregation capabilities.
blog.yetanothercompany.xyz/a…
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We just made available the original post of the architecture and design behind @yanotherbridge that was published first in @class_lambda blog.
You can now check it out here:
blog.yetanothercompany.xyz/a…
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The fundraising also saw participation from @GagraVC, @CsquaredVC, @Frediscurious, and other incredible angel investors. Thank you all for your contributions and for placing your trust in us!
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We are developing @alignedlayer to address a challenge we faced while optimizing YAB. Aligned will be a pivotal infrastructure in the zk future of @ethereum. It's an @eigencloud AVS that will enable cheap verification and support for multiple proving systems for L2s and bridges.
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If you want to learn more about @yanotherbridge solution take a look at this blog post:
blog.lambdaclass.com/a-fast-…
Check our @alignedlayer account for more updates!
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YAC was conceived within @class_lambda, spurred by the realization that zero-knowledge proofs are the future of computation. This technology will unlock the full potential of @Ethereum, enabling us to create the best products possible.
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As crypto natives, we are addressing the challenges we currently observe in @Ethereum. We believe that the existing solutions are inadequate. Our focus is on resolving the issues of liquidity fragmentation and market interoperability with @yanotherbridge and @alignedlayer.
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@yanotherbridge is the most advanced yet simple bridge connecting @ethereum L2s. Its success is due to its intent-based design, which employs Storage Proofs for fast and secure settlement. It's the only bridge designed for a future where zero-knowledge proofs become the norm.
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8. Aligned Layer is more than a project; it's a community-driven mission with expert cryptographers and advisors, set to enhance Ethereum's ecosystem. Join us in this exciting venture!
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2. Join our journey! Connect with us on Telegram (t.me/aligned_layer), follow us here @alignedlayer.
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3. Aligned Layer's goal: Transform Ethereum into the best possible efficient and cost-effective SNARK verification layer. We're here to support the ZK tech community. ZK is the future.
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4. Ethereum, with its vast community and liquidity, is central to blockchain advancements, yet it's not originally designed for ZK proofs. We're changing that.
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5. Integrating new primitives into Ethereum is a challenge. We're tackling this by supporting various proving systems and enhancing security and efficiency without the limitations of the original system.
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7. We are going to the prepare the biggest concrete recognition to Protocol Guild, Ethereum clients, zk L1, rollups and zk library tech developers. Your groundbreaking work lays the foundation for our progress.
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