Offchain Labs Catapults Its Alpha & Bags Investment

Offchain Labs Catapults Its Alpha & Bags Investment

The Offchain Labs (an enterprise blockchain solution startup) has released its Alpha version of its Ethereum scaling solution, named Arbitrum and revealed that it has secured new investment from Coinbase Ventures. Offchain co-founder Ed Felten expressed, “We’re working to build a platform for smart contract development that provides what we think developers want, a combination of scalability so that you can scale to more transactions per second, more users, and to contracts that have more code and still have more data in them.”

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