Hyve, a blockchain data availability (DA) provider, has successfully closed a $1.85 million pre-seed funding round, led by Lemniscap. The funding aims to address the increasing demand for secure and scalable data availability, especially with the rise of decentralized applications (dApps) and Layer 2 solutions. Hyve’s solution, HyveDA, initially offers a throughput of 1 GB per second, with plans to scale this to over 50 GB/s as the network expands. In addition, Conduit has announced the launch of its G2 Sequencer, promoting itself as a tenfold improvement in power over existing versions, capable of supporting ultra-high throughput for complex blockchain applications. Dynex is also on the horizon with its ambitious roadmap for quantum computing, promising the release of its Apollo Silicon Quantum Chip by 2025, aiming to integrate quantum technology with decentralized frameworks.

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