Bitcoin researcher and developer LayerTwoLabs has raised $3 million in funding from angel investors.
Recently, bear market effects have been seen in Bitcoin and accompanying cryptocurrencies. This exhausting and challenging process also creates confusion about what the future of crypto will look like. The vast majority of users have begun to distrust cryptocurrencies other than Bitcoin. Messages came from global institutions that only Bitcoin could progress. In the midst of all these processes, LayerTwoLabs continues to develop and strengthen Bitcoin. The company believes that Bitcoin will become a global dominant currency.
Bitcoin Developer LayerTwoLabs Gets Strong Support
Leading cryptocurrency Bitcoin continues to move amid the blockchain technology and digital gold rumors. Although the market exhibits a bearish decline, there is a significant increase in adoption rates.
Focusing on Bitcoin adoption and development, LayerTwoLabs has raised $3 million from angel investors to fund its work.
The powerful project aims to interact with the primary blockchain and provide a better user experience. The CEO and founder of the company, Paul Sztorc, has been working to develop this project since 2015.
Sztorc focused on allowing users to move Bitcoin freely. The CEO of the company will provide flexibility to Bitcoin users through drivechains. This flexibility will allow Bitcoin holders to easily access innovative features that are limited to altcoin networks.
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