Key takeaways:
- N1 enables 100,000 transactions per second and supports multi-language application development for next-generation 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 incorporates pioneering projects such as Sushi’s perpetual DEXs and Amber’s novel DEX protocol.
A new frontier for application-focused blockchain development
Layer N, known for its high-performance blockchain solutions, has changed its name and evolved into N1āa full stack Layer-1 blockchain designed to provide scalability and versatility. With the support of prominent investors such as Peter Thiel’s Founders Fund, Multicoin, dao5, Krakenand others, N1 aims to foster applications that demand unparalleled computational power and accessibility.
Unlike traditional blockchains, N1’s infrastructure is designed 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 central wallet for manage assets between applications and a user. -Friendly implementation interface similar to modern web development tools. These advancements are designed to make application building and on-chain deployment more accessible, reducing complexity and improving functionality.
Pioneering applications
The N1 ecosystem is already attracting innovative projects. Sushi is developing Susa, a decentralized perpetual exchange (DEX) combined with Kubo, an advanced automated market making (AMM) protocol that leverages the computational scalability of N1. Paradigm-backed Amber Group is designing a perpetual DEX with novel asset listings and liquidity features. Other projects include Mindshare, a social finance app for crypto narrative trading, and an on-chain AI simulation inspired by Westworld, both leveraging N1’s robust infrastructure to achieve functionality unfeasible on other blockchains.
Originally an Ethereum Layer-2 solution that achieved 100,000 transactions per second on testnet, N1 moved to a standalone Layer-1 platform to overcome Ethereum’s scalability limitations. The new architecture integrates high-performance execution with comprehensive infrastructure, achieving transaction speeds 10 to 100 times faster than existing networks.
“We are proud to introduce an innovative new blockchain, which combines unprecedented computational capabilities with developer-friendly features to enable a new class of decentralized applications.”
āDima Romanov, CEO and co-founder of Layer N.
The final result
N1 positions itself as a transformative Layer 1 blockchain, fostering innovative applications that redefine what can be achieved in the decentralized space. By combining scalability, developer accessibility, and computational power, N1 is setting the stage for a new era of blockchain-powered solutions.
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