Kraken, the large U.S. cryptocurrency trade, is contemplating a number of of the main blockchain-technology companies to assist launch its personal layer 2 community, folks accustomed to the matter informed CoinDesk.
Such a transfer would deliver Kraken in step with the transfer earlier this 12 months by rival Coinbase to launch its personal layer-2 community.
Kraken is contemplating Polygon, Matter Labs and Nil Basis amongst others about utilizing their know-how as the idea for the brand new community, in line with the sources, who requested to not be named as a result of the hassle was not publicly disclosed and the conversations are nonetheless fluid. There may be different groups within the discussions.
“We’re all the time seeking to establish and clear up for brand spanking new business challenges and alternatives,” a Kraken spokesperson informed CoinDesk. “We don’t have something additional to share at the moment.”
Main crypto firms with established manufacturers and buyer followings have been in search of to develop their presence as blockchain builders, both as a possible supply of recent income or just as an extension of their present operations.
In August, crypto trade Coinbase launched its personal layer 2 community, Base, which makes use of the OP Stack, from the OP Labs group that constructed Optimism, the second-biggest layer-2 community atop the Ethereum blockchain.
Polygon, a number one developer of Ethereum scaling options with its Polygon PoS community and extra lately the Polygon zkEVM, earlier this 12 months got here out with a brand new software program toolkit that builders can use to spin up their very own blockchains. Matter Labs, the developer behind the zkSync layer-2 community, additionally provides its know-how to upstart builders.
Kraken lately added a job posting on the careers part of its web site, promoting for a “Senior Cryptography Engineer” with “information of recent cryptography (together with ZK proofs)” whose alternatives might embody “design and implementation of layer-2 options.”
“We’re keen about open supply, layer-2 applied sciences, zero-knowledge proofs, multi-party computation, and repeatedly attempt to discover the potential of on-chain scaling options,” the job description reads. “The group has lately launched into exploring how extra protocols and decentralized purposes will be built-in into Kraken.”
With reporting by Elizabeth Napolitano.
