TechFlow news — According to its official Twitter, WormholesChain, a multi-dimensional public blockchain, has completed a $10 million seed round. The funding was co-led by Mandra Capital and Timing Capital, angel investors from OKX's early investment rounds. This round will be used to advance the development of Web3 multi-dimensional infrastructure.
Reportedly, WormholesChain utilizes the DRE (Dynamic Random Election) algorithm combined with PoS to address security and relatively fair token distribution issues. It enables one-click deployment of sidechains, forming an infinitely coupled multi-layered, multi-dimensional decentralized network. It also provides a full-stack NFT solution and sustainable TPS scaling with low energy consumption.Original link
