Nuffle Labs Releases Technology Roadmap, Launches NFFL Mainnet Early in Q3
On July 5th, Nuffle Labs, an independent entity spun off from the NEAR Foundation, released a technology roadmap that will focus on providing modular infrastructure for other projects in the last two quarters of 2024. The specific roadmap includes: The NEAR Fast Finality Layer NFFL mainnet will be launched early in the third quarter; Cross-chain interactive NFFL applications will be developed in the third quarter; NEAR DA stateless verification will reduce NEAR validator hardware requirements in the third quarter; Chain Signatures will be launched on the mainnet in the third quarter. Chain Signatures is a new protocol that utilizes MPC technology and allows NEAR accounts to send transactions to any ECDSA chain.
Previously, Nuffle Labs announced in June that it completed a $13 million strategic financing round, led by Electric Capital, and Nuffle Labs built NEAR's Data Availability Layer (NEAR DA), NEAR Fast Finality Layer (NFFL), and other products in the NEAR Modular Product Suite.