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Drop Protocol, Liquid Staking Protocol on Neutron (in Cosmos Ecosystem), Closes $4M Seed Round

October 18, 2024
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Dynex, a layer-1 blockchain for decentralized quantum computing, powered by a decentralized GPU community, has unveiled what it describes as an “formidable 10-year roadmap to transition from GPU-based quantum emulation to silicon quantum chips, aiming to seize 25% of the quantum computing market by 2034.” In keeping with the group, “The corporate has launched a $50 million enterprise capital spherical to draw top-tier buyers. Dynex plans to launch its first Apollo Silicon Quantum Chip by 2025, scaling as much as 1 million qubits by 2034 to allow real-time quantum computations. Upholding moral requirements, Dynex ensures transparency and safety by recording computations immutably on the blockchain, with DNX as its utility token.” The undertaking documentation states: “The corporate’s decentralized quantum platform, mixed with its silicon-based {hardware} options, represents a future-proof strategy to quantum computing.” The undertaking focuses on “neuromorphic quantum computing,” which “makes use of ion drifting of electrons,” in accordance with the web site.



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Tags: ClosesCosmosdropEcosystemLiquidNeutronprotocolSeedstaking
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