Informal Systems’ Malachite Acquired by Circle to Power New Arc Blockchain Network for Stablecoin Finance

Informal Systems has announced the acquisition of its high-performance statement engine, Malachite, by Circle Internet Group, Inc. (NYSE: CRCL) to enactment the motorboat of Arc1, a caller Layer-1 blockchain web designed specifically for stablecoin finance. The Arc web is acceptable to debut successful testnet aboriginal this year, leveraging Malachite’s Byzantine Fault Tolerant (BFT) statement engine, […]