Kraken, the large U.S. cryptocurrency change, is contemplating a number of of the main blockchain-technology companies to assist launch its personal layer 2 community, folks aware of the matter advised CoinDesk.
Such a transfer would carry Kraken in step with the transfer earlier this 12 months by rival Coinbase to launch its personal layer-2 community.
Kraken is contemplating Polygon, Matter Labs and Nil Basis amongst others about utilizing their know-how as the premise for the brand new community, in response to the sources, who requested to not be named as a result of the trouble was not publicly disclosed and the conversations are nonetheless fluid. There can also be different groups within the discussions.
“We’re at all times trying to establish and clear up for brand spanking new trade challenges and alternatives,” a Kraken spokesperson advised CoinDesk. “We don’t have something additional to share right now.”
Main crypto corporations with established manufacturers and buyer followings have been looking for to develop their presence as blockchain builders, both as a possible supply of recent income or just as an extension of their present operations.
In August, crypto change Coinbase launched its personal layer 2 community, Base, which makes use of the OP Stack, from the OP Labs workforce that constructed Optimism, the second-biggest layer-2 community atop the Ethereum blockchain.
Polygon, a number one developer of Ethereum scaling options with its Polygon PoS community and extra not too long ago the Polygon zkEVM, earlier this 12 months got here out with a brand new software program toolkit that builders can use to spin up their very own blockchains. Matter Labs, the developer behind the zkSync layer-2 community, additionally provides its know-how to upstart builders.
Kraken not too long ago added a job posting on the careers part of its web site, promoting for a “Senior Cryptography Engineer” with “information of recent cryptography (together with ZK proofs)” whose alternatives may embrace “design and implementation of layer-2 options.”
“We’re obsessed with open supply, layer-2 applied sciences, zero-knowledge proofs, multi-party computation, and repeatedly attempt to discover the potential of on-chain scaling options,” the job description reads. “The workforce has not too long ago launched into exploring how extra protocols and decentralized functions might be built-in into Kraken.”
With reporting by Elizabeth Napolitano.
