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To provide enterprise-grade blockchain infrastructure at scale, distributed around the world, in a portable way.
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Gnosis Chain came out of a merger of xDAI and Gnosis, when these communities merged their tokens and developed the xDAI Blockchain, named Gnosis Chain, a credibly neutral network open to anyone, that is considered the associated execution layer EVM chain for stable transactions. This merge has left Gnosis Chain with nearly half a million validators, the second-highest of any blockchain.
This is a significant moment in the industry, with this merger being the second-ever in the blockchain industry, following the Ethereum blockchain’s merge when it switched from PoW to PoS. This merge is different, switching from PoA to PoS, and whilst this process is complex, the success of the first merge bodes well for Gnosis Chain.
Steph
Company Specialist at Welcome to the Jungle
Jul 2022
$100m
LATE VC
Apr 2017
$12.5m
EARLY VC
Martin Köppelmann
(CEO)Experience working at Consensus Systems. Studied a Bachelor's Degree in IT Systems Engineering for Hasso Plattner Institute.
Stefan George
(CTO)Experience working at Consensus Systems. Served as an Intern in Research for SAP Labs.
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