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Morph, an Ethereum layer-2 for app building, announces $19 million seed round

Morph, a layer-2 Ethereum Virtual Machine, today announced a $19 million seed round led by DragonFly Capital. Morph is a fully permissionless EVM L2 that uses a combination of optimistic and zero-knowledge rollup technology to enable a user-friendly option for developers who require a chain on which to build finance, gaming, social media, and entertainment apps. From a technical stance, Morph has focused on blockchain’s trilemma problem—how to balance decentralization, safety, and scalability. “...

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