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The layer-1 is pioneering the idea of “microchains” within the blockchain, according to the press release. “The competition for blockspace in traditional layer-1 blockchains, coupled with limited production rates and block sizes, creates a bottleneck during traffic peaks, leaving users outpriced or delayed, rendering the infrastructure effectively unavailable,” the press
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A new artificial intelligence (AI) startup and rival to ChatGPT creator, OpenAI, raised $113 million in seed funding, bringing its valuation to $260 million just two months after its launch.Former AI researchers — previously working for Google DeepMind and Meta — co-founded Mistral AI in May 2023 to develop open-source
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The testnet “Wave 1” will be used for validators and full nodes to “improve decentralized coordination + incident response, and identify a core group of operators who have experience in deploying, monitoring, and debugging,” the company shared over Twitter. Original Source
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