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Blocknative raises $5 million to help blockchain users gain more transaction clarity

Kate Graham-Shaw

Summary: An extra five million dollars have been raised to help “illuminate” Ethereum’s Dark Forest, now bringing the total to $7 million, Blocknative announced Tuesday. More than 200 projects use Blocknative for transactions, but the company says that public blockchain processes are “frustratingly opaque.” They aim to use the money they are raising to provide users ...

An extra five million dollars have been raised to help “illuminate” Ethereum’s Dark Forest, now bringing the total to $7 million, Blocknative announced Tuesday.

More than 200 projects use Blocknative for transactions, but the company says that public blockchain processes are “frustratingly opaque.”

They aim to use the money they are raising to provide users with more transparency, clarity and confidence by using the “mempool frontier,” a global data platform.

By Kate Graham-Shaw

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