Bitcoin Development Company Layer 2 Labs Raises $3M to Bring Drivechains to Network


According to Sztorc, the purpose of drivechains is to give Bitcoiners access to innovative features and products currently confined to altcoin networks. Examples would be Zcash’s zero-knowledge proofs, a way of proving something without revealing sensitive information, and Ethereum’s Augur, a prediction market where users bid on specific outcomes.

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