Aligned Layer, a blockchain project aimed at verifying evidence generated by Layer 2 dapps, has done just that increased $20 million in a Series A funding round. The round was led by Hack VC and included DAO5, Iterative Layer, Nomad Capital and Finality Capital. The company has not disclosed its latest valuation.
Aligned Layer is designed to serve as a verification layer for validity and zero-knowledge proofs – supporting the scaling of decentralized applications on Ethereum and potentially other blockchain networks.
It will be one of many actively validated services for resuming the EigenLayer protocol. As an ASV, Aligned Layer will derive its security from EigenLayer’s recovery mechanism.
The project aims to simplify and reduce the costs associated with generating and verifying evidence, allowing developers to focus on product development without worrying about scaling infrastructure. It seeks to verify proofs both cheaply and quickly and integrate its results on Ethereum and any data availability platform such as Celestia and EigenDA.
The verification software was developed using the Rust and Go programming languages. Aligned Layer also plans to offer a software development kit that will allow developers to verify the results of proofing within each smart contract.
Aligned Layer’s roadmap includes migrating to an EigenLayer testnet in the coming weeks – which will precede the launch of the mainnet.
