The oracle network Blocksense Network has completed a $4 million seed round financing, led by Permutation.

ChainCatcher news, the oracle network Blocksense Network has completed a $4 million seed round financing, led by Permutation, with participation from a16z's Crypto Startup Accelerator (CSX), Scott Moore, Public Works, Tykhe Block Ventures, Selini Capital, and MH Ventures.

It is reported that Blocksense is an oracle solution based on Zk Rollup, which reduces high costs through tightly packed data blocks, introduces a transparent charging model, and provides a fully decentralized, permissionless data feed, aiming to fundamentally change the oracle network. Anyone can become a data provider on the network by staking BlockSense tokens, and nodes will automatically execute all reporting tasks by obtaining the appropriate oracle scripts and broadcasting their results to the BlockSense network.