PANews reported on December 12 that according to The Block, blockchain startup Commonware completed a US$9 million financing round led by Haun Ventures and Dragonfly Capital, and received funding from many well-known cryptocurrency developers, including Smokey the Bera of BeraChain, Zaki Manian of Cosmos, Sreeram Kannan of EigenLayer, Dan Romero of Farcaster and Mert Mumtaz of Helius.
According to reports, Commonware was founded by Patrick O'Grady, former vice president of engineering at Ava Labs, and provides "anti-framework" tools to provide developers with highly customized blockchain building blocks. Commonware has released a number of tools, including the consensus mechanism Simplex Consensus, which aims to go beyond the limitations of traditional frameworks and provide more efficient solutions for developers and users.