
Dill
Modular data availability network for blockchain scalability.
Date | Investors | Amount | Round |
---|---|---|---|
* | N/A | Seed | |
Total Funding | 000k |
Dill is a modular data availability (DA) network designed to provide a highly scalable, secure, and fast infrastructure layer for other blockchains. Founded in 2024 by Ted Gegrundet, the company is headquartered in San Francisco, CA. The platform is built to be fully compatible with Ethereum's Full Danksharding roadmap, positioning it as a next-generation solution in the blockchain ecosystem.
Dill's core technology utilizes subnet sharding, which breaks down data into smaller, parallel-processable pieces, enabling scalability that is reportedly 10 to 100 times greater than competing DA networks. It incorporates advanced features like 2D erasure coding and Data Availability Sampling (DAS) to ensure data integrity and security. The network operates on a Proof of Stake (PoS) consensus model, which allows for the participation of a large number of validators, enhancing decentralization. Uniquely, Dill supports shared security by allowing users to stake and restake assets like BTC and ETH, which helps secure the network and attract users from major blockchain ecosystems.
The company's business model revolves around providing these data availability services to other blockchain projects, particularly Rollup systems, enabling them to improve performance and optimize costs without altering their core structure. In July 2024, Dill announced the successful completion of a pre-seed and founders funding round. The round was led by Find Satoshi Ventures and included participation from Modular Capital and notable angel investors from projects like LayerZero and Pendle.
Keywords: data availability, modular blockchain, Danksharding, layer-2, blockchain scalability, Proof of Stake, sharding, decentralized network, crypto infrastructure, web3, subnet sharding, data sampling, ETH staking, BTC staking, rollup solutions, cross-chain interoperability, blockchain infrastructure