PANews reported on November 5 that according to The Block, crypto startup Vlayer has completed a $10 million pre-seed round of financing, with investors including a16z Crypto Startup Accelerator (CSX), Credo Ventures and BlockTower Capital. The company is committed to developing "Solidity 2.0", a new version of Ethereum smart contracts that aims to introduce verifiable data infrastructure.
Vlayer plans to introduce four new features in the Solidity language: time travel (executing contracts based on historical on-chain data), teleportation (running contracts across EVM-compatible networks), web proofs, and email proofs (verifying and integrating web pages and email content). Co-founder and CEO Hubert Rachwalski von Rejchwald said this move will make zero-knowledge proofs (ZK) easier for Solidity developers to use. Vlayer is currently in the public beta stage, and the mainnet and tokens are expected to be launched in 2025.