EthLabs Advances Asynchronous Interoperability Solution Based on zk Technology, Funding Near Completion

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On July 6, Ethereum ecosystem research organization EthLabs announced its latest progress, stating that it is continuously advancing an asynchronous interoperability solution based on zk technology to enhance cross-chain bridge security. The team believes that the latency from L1 to L2 is expected to be further improved through the Fast Confirmation Rule (FCR). They mentioned that they have received over 300 job applications and plan to expand their team to about 10 people in the near term, with a mid-term goal of reaching approximately 20 people. Additionally, EthLabs indicated that its current funding round is nearing completion, having received preliminary support from BitMine, SharpLink, and Ethereum co-founder Joseph Lubin, and is seeking the final 1-2 anchor investors to join.
ZK-0.05%
ETH-0.56%
SBET3.11%
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