Kraken, the massive U.S. cryptocurrency change, is contemplating a number of of the main blockchain-technology corporations to assist launch its personal layer 2 community, individuals acquainted with the matter advised CoinDesk.
Such a transfer would convey Kraken in keeping 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 keeping with the sources, who requested to not be named as a result of the trouble was not publicly disclosed and the conversations are nonetheless fluid. There can also be different groups within the discussions.
“We’re at all times trying to establish and remedy for brand new business challenges and alternatives,” a Kraken spokesperson advised CoinDesk. “We don’t have something additional to share right now.”
Main crypto firms with established manufacturers and buyer followings have been searching for 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 change 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 gives 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 “data of contemporary cryptography (together with ZK proofs)” whose alternatives might embrace “design and implementation of layer-2 options.”
“We’re keen about open supply, layer-2 applied sciences, zero-knowledge proofs, multi-party computation, and constantly 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.