Lightweight Node Protocol Over Protocol developer completes $8 million financing, with participation from SK and others

ChainCatcher news, Layer 1 blockchain lightweight node protocol Over Protocol developer Superblock announced the completion of a total financing of 8 million USD, with participation from SK, Netmarble, DSC, E&Investment, Schmidt, SpringCamp, and NaverZ. The new funds will be used to further expand into the South Korean market.

Over Protocol is a Layer 1 blockchain built using the Ethanos protocol, aimed at allowing anyone to run a node on a PC to become a validator by reducing storage requirements, thereby lowering the maintenance costs of blockchain nodes.