As the interest in blockchain technology rises, the growth in network usage and on-chain apps can cause network congestion or even outages, lowering performance for users. Caldera (formerly Constellation Labs) makes it easy to launch performant, customizable blockchain rollups and is developing the world's rollup-as-a-service platform.
Just as the internet is run on millions of servers worldwide, Web3 will outgrow its current set of blockchains. This means thousands of projects will opt to launch their dedicated blockchains so they can own their ecosystem, scale without limit, and provide superior user experiences. Caldera enables developers to “roll up” their transactions into a single piece of data to be submitted to the mainnet, then, those transactions are removed from the mainnet, creating space and increasing processing speeds.
Recently, Caldera completed a significant funding round, marking a significant milestone for the company. With this new capital, it plans to expand its team and further develop its Metalayer initiative for a promising future in the rapidly growing blockchain space.
Freddie
Company Specialist at Welcome to the Jungle