The zkEVM development platform Kakarot has completed its Pre-Seed funding round, with investments from Vitalik, StarkWare, and others

2023-06-02 18:36:00
Collection

ChainCatcher news, the zkEVM development platform Kakarot has completed its Pre-Seed funding round, with investments from StarkWare, LambdaClass, and angel investors Vitalik, Nicolas Bacca, Rand Hindi, and others.

Kakarot zkEVM is an EVM implemented in Cairo, utilizing STARK proofs to validate transactions and blocks, ensuring transparency and security. It is reported that the development of Kakarot zkEVM is divided into three phases: 1. existing as an EVM on Starknet L2; 2. collaborating with Starknet sequencer Madara to create the third layer zkEVM; 3. enabling Type 1 zkEVM through the combination of Kakarot and Madara. (Source link)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
ChainCatcher Building the Web3 world with innovators