Kraken, the large U.S. cryptocurrency trade, is contemplating a number of of the main blockchain-technology corporations to assist launch its personal layer 2 community, folks accustomed to the matter advised CoinDesk.
Such a transfer would convey Kraken in keeping with the transfer earlier this yr by rival Coinbase to launch its personal layer-2 community.
Kraken is contemplating Polygon, Matter Labs and Nil Basis amongst others about utilizing their expertise as the idea for the brand new community, in accordance 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 additionally be different groups within the discussions.
“We’re at all times trying to establish and clear up for brand new trade challenges and alternatives,” a Kraken spokesperson advised CoinDesk. “We don’t have something additional to share at the moment.”
Main crypto corporations 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 staff 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 not too long ago the Polygon zkEVM, earlier this yr 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 gives its expertise to upstart builders.
Kraken not too long ago added a job posting on the careers part of its web site, promoting for a “Senior Cryptography Engineer” with “data of contemporary cryptography (together with ZK proofs)” whose alternatives may embrace “design and implementation of layer-2 options.”
“We’re smitten by open supply, layer-2 applied sciences, zero-knowledge proofs, multi-party computation, and repeatedly try to discover the potential of on-chain scaling options,” the job description reads. “The staff has not too long ago launched into exploring how extra protocols and decentralized functions may be built-in into Kraken.”
With reporting by Elizabeth Napolitano.