According to software developer Patrick O’Grady, Commonware raised $9 million from venture capital firms Haun Ventures and Dragonfly.
Patrick O’Grady, a former Ava Labs executive, revealed the “Commonware” framework.
Commonware is a collection of crypto primitives, which are the basic building blocks in a programming language. The primitive toolkit gives crypto developers a standardized set of these basic building blocks without locking them in any particular development track.
According to O’Grady, today’s general-purpose crypto stack hinders developers, who must “work against” the inbuilt parameters when attempting to build a unique product.