Nubit, a layer that enables Bitcoin to store and access data has recently completed its angel funding round with investments, from Bounce Brand, Domo and other investors. Nubit highlights that the Bitcoin blockchain currently holds than 50 million records and 14GB of data.
The main goal of Nubit is to offer an cost effective solution for managing Bitcoin data by creating a data availability layer. The team is actively developing the BRC 1310 standard specifically designed to support functions such, as staking within the Bitcoin ecosystem sampling data availability, verifying data authenticity and facilitating decentralized bridging capabilities.
