zk-Native protocol QED completed US$3 million in financing, led by Arrington Capital

Odaily News zk-Native blockchain protocol QED announced the completion of US$3 million in financing, led by Arrington Capital, with participation from many well-known venture capital companies such as Starkware, Draper Dragon, Blockchain Builders Fund and Lbk Labs. This financing will help QED promote innovation in the Bitcoin ecosystem and provide more innovative solutions. Michael Arrington, a well-known investor and lead investor in this round, said: “We believe QED will redefine the possibilities of Bitcoin.” QED aims to combine zero-knowledge proof (ZKP) with Bitcoin to empower Bitcoin applications and Solve problems existing in the Web3 development process. As a horizontally scalable blockchain, QED increases throughput by increasing the number of network nodes and allows any Web2 developer to write QED smart contracts using the popular programming languages ​​Javascript and Python.