In two investment rounds, Superblock, a donor to Over Protocol, secured $8 million from South Korean businesses and venture capitalists (VCs).
4 olineman taken in 5 drafts. None in the first two rounds until 2017. That's lack of investment in protection. pic.twitter.com/zLFXmqXyB8
— Jarrett (J-ŘõÇK) (@Jdcostin910) September 17, 2019
SK, Netmarble, DSC, E&Investment, Schmidt, SpringCamp, and NaverZ were among the investors.
Ben (Jae-Yun) Kim, the founder of Superblock, said:
We are aggressively growing globally by entering the South Korean market with the best local partners and seeking out worldwide partners.
Grow up. Who are you threatening? Have you seen how aggressively we are growing?
— AProudIndian (@theIproudindian) March 15, 2022
The expenses of bootstrapping and supporting nodes have increased over time as layer-1 blockchains have become quicker and more confirmed. As a result, operating blockchain applications without the use of expensive technology has become difficult.
In order to allow full nodes to reject ancient data and run with less capacity, Over Protocol is a new layer-1 blockchain that is based on the “Ethanos” protocol. This protocol only recognizes active accounts as genuine, which lowers the amount of storage needed.
In practice: LN support in the network node implementations & standard LN support in the client to the extent necessary for the payment for operations. Principle: users fund directly wherever possible using decentralized money in order to allow full decentralization of resources.
— 8BitMike (@mike_palmeter) June 11, 2022
Anyone can use Over to run a node and become a validator on their personal computers. At EuroSys’21, Ethanos was published.
“With the ability for anyone to run a validator, individuals can potentially earn inactive income through a process called home staking, allowing them to embrace a new lifestyle with new payment options, improved credit, and innovative finance opportunities.”
To help the Over Protocol, Superblock creates solutions, tools, and decentralized apps. Over Protocol, which provides weightless complete nodes, is a truly decentralized layer-1 blockchain.
Our paper about the #SoundWalk in Poblenou #Superblock in Barcelona is published in @DeGruyterOA Noise Mapping. First steps in the analysis of events in BCN Superblocks! Thanks to @firenzesoundmap, @mfreixesg and @GinovartGerard. @LaSalleBCN @uramonllull https://t.co/8ahd4ql0B8 pic.twitter.com/NVGRzc69ME
— Rosa Ma Alsina-Pagès (@ralsinap) May 20, 2021