Recent News on N1

On April 20, N1 announced on X that its first testnet has gone live. Gen1 is now officially online, exclusively on N1. Chain Vibecoding will be completely revamped. Gen1 leverages N1's NTS to build high-quality on-chain applications using TypeScript without writing any code.

In December last year, the high-performance rollup network Layer N announced its transformation into a new Layer-1 blockchain called N1.

Introduction to N1

N1 is a high-performance rollup network designed to scale applications on Ethereum. It consists of ultra-high-performance and customized modular rollups, offering top-tier scalability and a shared communication layer for unified liquidity.

Advantages of the N1 Project

1. High Performance and Scalability

• High Throughput: By adopting hierarchical architectures (such as sharding technology, Layer 2 solutions) or optimizing consensus mechanisms (such as DPoS, BFT variants), N1 significantly enhances TPS. It supports "ultra-fast" interaction speeds, with the capacity for 100,000 TPS and multiple traditional programming languages like Typescript, Rust, and C. N1 focuses on driving the development of the next generation of blockchain applications.

• Low Latency: N1 shortens confirmation times through parallel processing or light node design, meeting real-time requirements.

2. Technological Innovation

• Unique Consensus Mechanism: N1 may combine hybrid mechanisms such as PoS+PBFT to balance decentralization and efficiency.

• Privacy Protection: By integrating technologies like Zero-Knowledge Proofs (ZKP) and homomorphic encryption, N1 supports private interactions.

• Cross-Chain Interoperability: N1 achieves multi-chain data interconnectivity through bridging protocols or universal cross-chain protocols (such as IBC), enhancing ecosystem collaboration.

3. Vertical Domain Application Implementation

• Focus on Niche Markets: N1 targets specific markets such as supply chain, DeFi, and NFTs, providing industry-specific solutions.

• Compliance-Friendly: N1 supports KYC/AML modules to meet regulatory requirements.

4. Strong Ecosystem Support

• Developer-Friendly: N1 offers comprehensive SDKs, documentation, and testnet incentives to attract developers to build the DApp ecosystem together.

• Partnership Network: N1 collaborates with industry leaders to promote practical applications.

N1 Team

Dima Romanov is the co-founder and CEO of Layer N.

Sheheryar Parvaz is the co-founder and CTO of Layer N. He graduated from McGill University in Canada.

N1 Funding

• November 3, 2023: N1 completed a strategic funding round with an undisclosed amount.

• September 13, 2023: N1 completed a $5 million seed funding round.

Summary of N1

The next generation of crypto applications will be built on N1, a high-performance Layer-1 public chain. Developed by an experienced team with a strong background in the industry, N1's core members have led the development of several well-known blockchain projects, possessing extensive technical expertise and practical experience.

The platform, through its innovative architectural design, achieves the capability to process over 100,000 interactions per second and is compatible with multiple development languages, significantly lowering the barrier to entry for developers. N1 is committed to providing infrastructure support for innovative decentralized applications, continuously expanding the application boundaries of blockchain technology, and driving the industry towards a more efficient and inclusive direction.

Recent News on N1

On April 20, N1 announced on X that its first testnet has gone live. Gen1 is now officially online, exclusively on N1. Chain Vibecoding will be completely revamped. Gen1 leverages N1's NTS to build high-quality on-chain applications using TypeScript without writing any code.

In December last year, the high-performance rollup network Layer N announced its transformation into a new Layer-1 blockchain called N1.

Introduction to N1

N1 is a high-performance rollup network designed to scale applications on Ethereum. It consists of ultra-high-performance and customized modular rollups, offering top-tier scalability and a shared communication layer for unified liquidity.

Advantages of the N1 Project

1. High Performance and Scalability

• High Throughput: By adopting hierarchical architectures (such as sharding technology, Layer 2 solutions) or optimizing consensus mechanisms (such as DPoS, BFT variants), N1 significantly enhances TPS. It supports "ultra-fast" interaction speeds, with the capacity for 100,000 TPS and multiple traditional programming languages like Typescript, Rust, and C. N1 focuses on driving the development of the next generation of blockchain applications.

• Low Latency: N1 shortens confirmation times through parallel processing or light node design, meeting real-time requirements.

2. Technological Innovation

• Unique Consensus Mechanism: N1 may combine hybrid mechanisms such as PoS+PBFT to balance decentralization and efficiency.

• Privacy Protection: By integrating technologies like Zero-Knowledge Proofs (ZKP) and homomorphic encryption, N1 supports private interactions.

• Cross-Chain Interoperability: N1 achieves multi-chain data interconnectivity through bridging protocols or universal cross-chain protocols (such as IBC), enhancing ecosystem collaboration.

3. Vertical Domain Application Implementation

• Focus on Niche Markets: N1 targets specific markets such as supply chain, DeFi, and NFTs, providing industry-specific solutions.

• Compliance-Friendly: N1 supports KYC/AML modules to meet regulatory requirements.

4. Strong Ecosystem Support

• Developer-Friendly: N1 offers comprehensive SDKs, documentation, and testnet incentives to attract developers to build the DApp ecosystem together.

• Partnership Network: N1 collaborates with industry leaders to promote practical applications.

N1 Team

Dima Romanov is the co-founder and CEO of Layer N.

Sheheryar Parvaz is the co-founder and CTO of Layer N. He graduated from McGill University in Canada.

N1 Funding

• November 3, 2023: N1 completed a strategic funding round with an undisclosed amount.

• September 13, 2023: N1 completed a $5 million seed funding round.

Summary of N1

The next generation of crypto applications will be built on N1, a high-performance Layer-1 public chain. Developed by an experienced team with a strong background in the industry, N1's core members have led the development of several well-known blockchain projects, possessing extensive technical expertise and practical experience.

The platform, through its innovative architectural design, achieves the capability to process over 100,000 interactions per second and is compatible with multiple development languages, significantly lowering the barrier to entry for developers. N1 is committed to providing infrastructure support for innovative decentralized applications, continuously expanding the application boundaries of blockchain technology, and driving the industry towards a more efficient and inclusive direction.