Ethereum R&D company Chainbound completes $4.6 million in financing, led by Cyber Fund
Ethereum RD company Chainbound has completed a $4.6 million financing round, led by Cyber Fund, with participation from Maven 11, Robot Ventures and Bankless Ventures. It is reported that the startup is developing a protocol called Bolt, which will achieve sub-second transaction confirmation on Ethereum, greatly speeding up the current average transaction confirmation time of about 7 seconds.
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