Blockchains, which facilitate recording transactions and tracking assets in a business network, are an immutable part of the cryptocurrency industry, but the machines that provide security to these networks are poorly understood. Rated Labs provides a network explorer for Ethereum beacon Chain and Prater validators, and validator operators, as a first step in expanding understanding of the machines that run the chain’s software.
Rated Labs was founded in 2022, in response to the highly contextualised concepts surrounding these machines. A low-performing or faulty validator could cause issues including parts of the network going offline, transactions not processing or perhaps complete system failure – which is a huge incentive for them to be better understood. Rated not only collects and displays performance information, but provides detail and context, so that users can make educated comparisons between validators. The vision for the future is that Rated becomes its own protocol, creating a standard for the machines that secure the Web 3.0 economy.
Rated Labs has raised impressive funding, with contributions from some of the most prominent investors in crypto, whose confidence shows the value of Rated’s technology. The funding will be used to accelerate the company’s mission, hire talent, and push its products forwards, importantly expanding beyond the limited validators it currently services.
Kirsty
Company Specialist at Welcome to the Jungle
