RISE Chain is an Ethereum Layer 2 scaling solution designed for high-performance blockchain operations. It offers ultra-low latency and substantial transaction throughput, enabling developers to build next-generation decentralized applications that require rapid transaction finality and high concurrency.
Funding
$4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
GDFounders
Product
Problem
Existing blockchain solutions often face limitations in transaction speed and throughput, hindering the development and adoption of new decentralized applications. This performance bottleneck restricts the user experience and the scalability of crypto-native services.
Solution
RISE Chain is an Ethereum Layer 2 scaling solution engineered for high-performance blockchain operations. It leverages a unique architecture to achieve ultra-low latency and substantial transaction throughput, aiming to remove adoption barriers. By providing an enhanced environment for developers, RISE Chain facilitates the creation of next-generation decentralized applications that require rapid transaction finality and high concurrency. The platform is designed to support millions of users simultaneously, enabling a more responsive and scalable blockchain ecosystem.
Target Audience
Primary customers are blockchain developers and dApp builders seeking a performant and scalable execution layer for their decentralized applications, particularly those requiring high transaction throughput and low latency.
Features
- Ethereum Layer 2 scaling solution with a focus on high throughput and low latency.
- Achieves 5ms transaction latency and targets over 100,000 transactions per second (TPS).
- Utilizes a parallel execution engine for EVM transactions, referred to as PEVM, built on Reth.
- Incorporates a decentralized sequencer mechanism, "Based sequencing," which rotates Ethereum validators as sequencing gateways.
- Employs Celestia for data availability (DA) solutions.
- Supports a gigagas throughput capacity, measured at 10 Ggas/s.
- Offers a testnet environment for developers to build and test applications.
- Provides developer support through a dedicated Discord server and documentation.