👍 Coinbase, Paradigm invest $15 million in startup behind disappearing blockchain
Startup 0(1) Labs has raised $15 million from Accomplice, Coinbase Ventures, Paradigm, and General Catalyst for its Coda protocol, a blockchain whose data storage structure allows total participation by users. Using zk-SNARKs to generate proofs, even the smallest applications like mobile wallets can verify transactions against the entire state. No date has been listed for Coda's launch.
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