Interoperability
Enhancing Ethereum with Solana: Rome Protocol Secures $9 Million Funding
Wednesday. July 10 at 8:30 AM
1 min. readRome Protocol has raised $9 million to merge Solana's features into Ethereum's Layer-2. The funding round attracted investors like Hack VC, Polygon Ventures, and Solana's Anatoly Yakovenko. By integrating Solana's capabilities, Ethereum rollups can utilize Solana as a shared sequencer, improving transaction speed, privacy, and scalability while reducing costs. Rome Protocol addresses concerns about Ethereum's isolated sequencer, liquidity fragmentation, and interoperability issues by enabling rollups to use Solana's validators for transaction processing. This approach leverages Solana's high TPS capacity and ensures atomic composability with Ethereum. The platform's shared sequencer architecture includes features like Rhea for fair sequencing, Remus for atomic transactions, Romulus for cross-rollup transactions, and Hercules for accepting transaction blocks from Solana. This initiative aims to simplify cross-chain interoperability for developers, allowing them to focus on application development using familiar technologies like OP Stack.