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QED Raises $6 Million Seed Round Led by Blockchain Capital

Jul 6, 2024 #仮想通貨
QED Raises  Million Seed Round Led by Blockchain Capitalコインチェーン 仮想通貨ニュース

QED,a Bitcoin scalingprotocol,secures$6million in a seed funding round led by Blockchain Capital to enhance scalability and privacy usingzero-knowledgeproof verificationtechnology.

Points

  • QEDraises$6millioninseedfundingledbyBlockchainCapital.
  • Theprotocolfocusesonzero-knowledgeproofverificationtechnologyforBitcoin.
  • QEDplanstolaunchatestnetin3-4months.
  • TheprojectaimstoimprovescalabilityandprivacyforBitcoinCore.

QED’sSeedFundingSuccess

QED,a Bitcoin scalingprotocol,has successfully raised$6million in a seed funding round led by BlockchainCapital.The funding round was structured using token warrants and a Simple Agreement for Future Equity(SAFE),reflecting strong investor interest inQED’spotential to enhanceBitcoin’sscalability andprivacy.

FocusonZero-KnowledgeProofVerification

QED aims to improve the scalability and privacy of Bitcoin Core through the development ofzero-knowledgeproof verificationtechnologies.These technologies offer opportunities for scalableWeb3applications,decentralized finance(DeFi)systems,and decentralized exchanges(DEXs).

We’veled the$6MSeed round of@QEDProtocol

QED is a Bitcoin scaling protocol that focuses onzero-knowledgeproof verificationtechnology.

https://twitter.com/blockchaincap/status/1808525603966206250

FuturePlansandTestnetLaunch

QED plans to launch a testnet within the next3-4months,followed by the mainnet launch pending communityconsensus.Additionally,QED intends to launch its native token concurrently with the mainnetdeployment,which will be essential for motivating proof miners to runhigh-performanceinfrastructure within the QEDecosystem.

StrategicPositioning

QED positions itself as a competitor to Ethereum and its Layer2networks,leveragingzero-knowledgeproof technologies to offer a secure and scalable solution forBitcoin.The project is based in HongKong,with plans to open its first office in the UnitedStates,likely inTexas.

解説

  • ScalabilityandPrivacy:QED’sfocusonzero-knowledgeproofverificationtechnologyrepresentsasignificantadvancementinenhancingBitcoin’sscalabilityandprivacy,addressingkeylimitationsofthecurrentBitcoinCore.
  • FundingandDevelopment:ThesuccessfulseedfundingroundledbyBlockchainCapitalhighlightsstronginvestorconfidenceinQED’spotential.Theupcomingtestnetlaunchwillbeacriticalmilestoneindemonstratingtheprotocol’scapabilities.
  • CompetitiveLandscape:BypositioningitselfagainstEthereumanditsLayer2networks,QEDaimstoofferacompellingalternativeforscalableandsecureBitcoinapplications,potentiallyattractingabroaduserbase.
  • FutureOutlook:Withstrategicfunding,acleardevelopmentroadmap,andafocusoninnovativetechnologies,QEDiswell-positionedtobecomeakeyplayerintheBitcoinscalingandprivacylandscape.