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

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Bitcoin Development Company Layer 2 Labs Raises $3M to Bring Drivechains to Network
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.LayerTwoLabs led by Truthcoin wants to bring drivechains to Bitcoin and they’ve just raised $3M to do that. FrederickMunawa reports

has raised a $3 million seed round from angel investors to bring drivechains and other innovative technologies to Bitcoin.

Drivechains are a type of sidechain – a secondary blockchain that interacts with a primary blockchain and aims to offer a better user experience . The company’s CEO and founder,Sztorc outlined the concept of drivechains in Bitcoin improvement proposals

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