Nuffle Labs releases a technical roadmap, set to launch the NFFL mainnet in early Q3.

ChainCatcher message, released by Nuffle Labs, an independent entity spun off from the NEAR Foundation, has published a technical roadmap. Nuffle Labs will focus on providing modular infrastructure for other projects in the last two quarters of 2024.

The specific roadmap includes: the launch of the NEAR Fast Finality Layer NFFL mainnet at the beginning of the third quarter; the development of cross-chain interaction NFFL applications in the third quarter; NEAR DA stateless validation will reduce NEAR validator hardware requirements in the third quarter; Chain Signatures will be launched on the mainnet in the third quarter. Chain Signatures is a new protocol utilizing MPC technology that allows NEAR accounts to send transactions to any ECDSA chain.

According to data from the crypto platform RootData, Nuffle Labs announced the completion of a $13 million strategic financing round in June, led by Electric Capital. Nuffle Labs has built the NEAR Data Availability Layer (NEAR DA), the NEAR Fast Finality Layer (NFFL), and other products in the NEAR modular product suite.