The firm, led by BIP 300 and BIP 301 author Paul Sztorc, is on a mission to bring privacy, scalability and better UX solutions to Bitcoin. Layer 2 Labs is launching with the goal of scaling and building out drivechains for the Bitcoin Network. The company has closed a seed round at launch, raising $3 million in funding. Layer 2 Labs co-founder and CEO Paul Sztorc said in a statement sent to BitcoinLinux that the firm seeks to “make everyone in the world a Bitcoin user.” Sztorc is the author of two Bitcoin improvement proposals (BIPs), BIP 300 and BIP
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Author: coinmaker