Offchain Labs releases Ethereum privacy and scaling software following $3.7 million raise

Offchain Labs Launches Arbitrum Code and Whitepaper to Make Smart Contracts Scalable, Fast, and Private – The company enabling blockchain adoption for enterprises releases simple second-layer code with multi-language support coming soon   Offchain Labs, led by a former White House technologist and a team of U.S.-based academics, has announced the completion of the code and whitepaper for its smart contract scaling and privacy layer, Arbitrum. The open-source software addresses the concerns of major businesses and enterprises wanting to build business-ready applications on the blockchain without sacrificing transaction speed or…

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