Layer 2 Labs has received a $3 million initial round from angel investors in order to introduce drivechains and other cutting-edge technology to Bitcoin . Our mission is to eliminate all Altcoin and Fiat transactions, leaving only Bitcoin (and its associated freedom and prosperity). Thread… 🧵(1/7) — LayerTwoLabs (@LayerTwoLabs) December 20, 2022 Layer 2 Labs Raises Funds to Introduce Drivechains Drivechains are a particular kind of sidechain, a second blockchain that communicates with the main blockchain that tries to provide an enhanced user experience (UX). Paul Sztorc, the CEO and founder of the business and a renowned researcher and developer of The post Layer 2 Labs Acquires $3M to Introduce Drivechains to Network appeared first on Cryptoknowmics-Crypto News and Media Platform .
