Bradley Keoun is the managing editor of CoinDesk's Tech & Protocols team. He owns less than $1,000 each of several cryptocurrencies.
Rome, a crypto startup project aiming to use Solana as an auxiliary network to provide services to layer-2 blockchains built atop Ethereum, emerged from stealth and announced it has raised $9 million of funding from top-tier investors.
"The main thing is, a shared sequencer needs to be its own chain, and it takes a lot of time, a lot of effort to do that, so we were looking for what chain we should use," Kumar said in an interview with CoinDesk."If we look at Solana as a state machine, it is the best state chain, in comparison to Bitcoin, Cosmos, Ethereum."
Rome joins the fray with other crypto projects that are working to develop shared sequencers or DA – part of the broader trend of"modular" blockchains where certain functions previously handled exclusively by the main Ethereum chain are unbundled and handled instead by alternative projects.
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