Key takeaways:
- N1 enables 100,000 transactions per second and supports multi-language app development for next-gen decentralized applications.
- Key features include native apps for asset management, cross-app login, and seamless app deployment.
- Backed by Founders Fund, Multicoin, and others, N1 onboards pioneering projects like Sushi’s perpetuals DEX and Amber’s novel DEX protocol.
A new frontier for app-centric blockchain development
Layer N, known for its high-performance blockchain solutions, has rebranded and evolved into N1—a full-stack Layer-1 blockchain engineered for scalability and versatility. With support from prominent investors such as Peter Thiel’s Founders Fund, Multicoin, dao5, Kraken, and others, N1 aims to foster applications that demand unparalleled computational power and accessibility.
Unlike traditional blockchains, N1’s infrastructure is built to support a broader range of programming languages, starting with Typescript, and plans to incorporate Solidity, Rust, and C. Developers can expect native features such as a hub wallet for managing assets across apps and a user-friendly deployment interface akin to modern web development tools. These advancements are tailored to make app creation and on-chain deployment more accessible, reducing complexity while enhancing functionality.
Pioneering applications
N1’s ecosystem is already attracting groundbreaking projects. Sushi is developing Susa, a perpetuals decentralized exchange (DEX) paired with Kubo, an advanced automated market maker (AMM) protocol leveraging N1’s computational scalability. Amber Group, backed by Paradigm, is designing a perpetual DEX with novel asset listings and liquidity features. Other projects include Mindshare, a social finance app for trading crypto narratives, and a Westworld-inspired on-chain AI simulation, both leveraging N1’s robust infrastructure to achieve functionalities unfeasible on other blockchains.
Originally an Ethereum Layer-2 solution that achieved 100,000 transactions per second on testnet, N1 pivoted to a standalone Layer-1 platform to overcome Ethereum’s scalability limitations. The new architecture integrates high-performance execution with a comprehensive infrastructure, achieving transaction speeds up to 10-100 times faster than existing networks.
“We are proud to introduce a new Innovative blockchain, one that combines unprecedented computational capabilities with developer-friendly features to enable a new class of decentralized applications.”
—Dima Romanov, CEO and co-founder of Layer N.
The bottom line
N1 positions itself as a transformative Layer-1 blockchain, fostering innovative applications that redefine what is achievable in the decentralized space. By blending scalability, developer accessibility, and computational power, N1 is setting the stage for a new era of blockchain-driven solutions.
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