Conflux will collaborate with Smooth Labs to develop a Layer2 solution that supports parallel execution

ChainCatcher news, parallel transaction middleware Smooth Labs announced a partnership with Conflux to jointly develop a Layer 2 solution based on Conflux that supports parallel execution. The solution is expected to be deployed within 3 months and will include a real-time monitoring module for on-chain DApp resource consumption and a verification module for deterministically validating parallel and serial execution results.

According to the data platform RootData, in March of this year, Smooth completed a $2 million seed round financing, led by NGC Ventures. Smooth is the first parallel transaction middleware that achieves EVM compatibility and can provide a high-performance transaction framework for existing Layer 2 and App Chains. (Source link)