RISE Chain
RISE Chain is a blockchain scaling solution for Ethereum designed to provide high transaction throughput and low latency for real-time applications. It aims to achieve performance metrics suitable for demanding use cases while maintaining decentralization and leveraging Ethereum's security.
Overview
RISE Chain is being developed as a Layer 2 blockchain built on top of Ethereum. Its primary objective is to address the limitations of existing blockchain technology regarding speed and latency, particularly for applications requiring real-time interaction. The project focuses on achieving significantly faster transaction processing and confirmation times compared to traditional blockchains, targeting performance levels comparable to modern web applications. This is intended to facilitate broader adoption of blockchain technology by enabling use cases that were previously hindered by slow transaction speeds. The architecture is designed to balance high performance with the core blockchain principles of decentralization and security, aiming to avoid compromises often seen in other high-throughput systems.
The development of RISE Chain includes innovations aimed at reducing the time it takes for transactions to be confirmed, moving towards sub-blocktime confirmations. The project has undergone testing, demonstrating the ability to process a large volume of transactions. Funding has been secured from various investors to support the development and planned launch of the mainnet. The project positions itself as an extension of Ethereum, intending to integrate with its ecosystem and security infrastructure.
Technology
RISE Chain incorporates several technological components designed to achieve its performance goals.
- Shreds: This is a core transaction architecture component enabling transaction preconfirmations within single-digit milliseconds [1] [2]. Unlike traditional blockchains that process transactions in discrete blocks, Shreds are described as continuous and interrupt-driven, reacting to demand in real time [1]. This technology is intended to provide sub-blocktime transaction confirmations [3].
- Based Sequencing: Planned for future implementation, Based Sequencing aims to leverage Ethereum's validator network to unlock synchronous composability between Ethereum and RISE [3]. This is intended to solve liquidity fragmentation issues for users [3].
- Secured Shreds: Also planned for future implementation, Secured Shreds involve preconfirmations economically secured by Ethereum Validators, intended to improve the security profile of the network [3].
- Parallel EVM (PEVM): The project has researched and discussed the concept of a Parallel EVM, which could potentially allow for parallel processing of transactions [4].
- Hybrid Rollups: Research has been conducted on Hybrid Rollups, combining aspects of Optimistic and ZK security [5].
Performance
RISE Chain targets specific performance metrics to support real-time applications.
- Latency: The network aims for real-time performance with latency as low as 5ms [3]. The testnet has demonstrated round trip latency as low as 10 milliseconds [2].
- Throughput (TPS): The project has a target of exceeding 100,000 transactions per second (TPS) [3]. The public testnet has been benchmarked at over 50,000 TPS [3] and has processed over 50,000 transactions in a single 1-second block [3].
- Testnet Performance: The public testnet has processed over 2 billion transactions [3].
Development & Milestones
- The public testnet for RISE Chain was launched on April 10, 2025 [2].
- The project is working towards a mainnet launch [3].
Funding
As of June 2025, RISE Chain has raised a total of $8 million in funding [3] [6] [3].
- A $4 million investment was received from Galaxy Ventures [3] [6] [3].
- Previous seed investors include Vitalik Buterin and Stani Kulechov [3] [6].
The funding is intended to support product and application development leading up to the mainnet launch [3].
Founders
- Sam Battenally - CEO and co-founder [3] [6]
- Sasha Mai - CGO and co-founder
- Hai Nguyen - CTO and co-founder