Andreessen Horowitz Leads $25M Round in Ethereum Scaling Solution

One of Optimism's targets is to boost Ethereum's legendary poor throughput.We’ve spent a great deal of time looking at various approaches and teams building Layer 2s, and today we’re thrilled to announce we are leading a $25 million Series A investment in Optimism,” a16z’s Chris Dixon and Arianna Simpson wrote Wednesday. One of Optimism's targets is to boost Ethereum's legendary poor throughput.Optimism’s exceptional team, carefully designed developer experience, major scaling benefits, years of research and testing, and full composability made it the obvious choice.”

Andreessen Horowitz (a16z) is leading a major investment in Optimism, a technology firm on their way to pushing Ethereum into the big leagues.

Earlier today, decentralized finance (DeFi) venue dYdX announced it was building on StarkWare’s ZK-Rollups, a competing solution for boosting the number of transactions a blockchain can handle.

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