TechFlow News, the developer of Bitcoin-native data availability layer Nubit, Riema Labs, has completed its angel round financing, with participation from Bounce Brand and domo, though the funding amount was not disclosed.
Reportedly, Nubit is the first native Bitcoin data availability layer, designed to significantly reduce Bitcoin transaction costs. This innovative product adopts the BRC-1310 standard, achieving minimal trust requirements for Bitcoin transactions, a 100x increase in data throughput, 99% lower storage costs, and finer-grained data access.
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