As a seasoned crypto investor with a knack for spotting promising projects and a penchant for scalable solutions, I find the evolution of Layer N into N1 quite intriguing. Having navigated through the complexities of various blockchain ecosystems, I can appreciate the significance of a full-stack app-centric Layer-1 blockchain that prioritizes scalability and performance.
The blockchain initiative known as Layer N, which is financially supported by the Founders Fund led by Peter Thiel, has revealed its transition into N1 – a comprehensive Layer-1 blockchain focused on delivering scalability and speed in its applications.
Chain N1 is poised to be the pioneer, offering TypeScript application development support. This will substantially simplify the learning process and reduce the difficulty in deploying on-chain applications.
In addition to other features, N1 will offer native applications including a ‘consolidated’ wallet for seamless asset management across various applications, a unified ‘one-click’ login widget for smooth user experiences, and a developer-friendly platform akin to Vercel, enabling quick application deployment and management with just two clicks.
Dima Romanov, CEO and co-founder of Layer N, proudly presents a groundbreaking blockchain. This unique creation offers unparalleled computational power alongside user-friendly developer options, paving the way for a fresh generation of decentralized applications.
Initially designed to be a second-language (L2) solution for Ethereum, N1 has swapped out the Ethereum transaction settlement layer and now operates with its own comprehensive level 1 (L1) architecture.
The group responsible for N1 has garnered notable financial backing so far, with contributions coming from firms like Founders Fund, Multicoin, dao5, Kraken, Amber, GSR, and SALT. Before the emergence of N1, this team had previously developed an on-chain order book on Solana, which handled transactions amounting to over half a billion in value.
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2024-12-05 18:07