Avail, an Ethereum Data Network to Rival Celestia, Raises $27M In Seed Round

Avail Nexus is a “zero-knowledge, proof-based coordination rollup on Avail DA,” meaning that it will operate as an infrastructure layer that connects different rollups through the Avail ecosystem to talk to one another, according to a press release seen by CoinDesk. It will “act as the verification hub, which unifies a wide array of rollups both inside and outside the Avail ecosystem, utilizing Avail DA as the root of trust.”

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• Source: https://www.coindesk.com/tech/2024/02/26/avail-an-ethereum-data-network-to-rival-celestia-raises-27m-in-seed-round/?utm_medium=referral&utm_source=rss&utm_campaign=headlines