Originally known for its high-performance blockchain capabilities, Layer N has rebranded as N1, a full-stack, app-focused Layer-1 blockchain. Backed by Peter Thiel's Founders Fund, N1 aims to redefine blockchain application development by focusing on scalability, computational power, and user accessibility. This transformation marks a significant evolution in the platform's capabilities and mission, as it aims to enable innovative decentralized applications not previously possible on other platforms.
Prioritize scalability and app development
N1's architecture is designed to streamline the process of running on-chain applications. By adopting an app-centric strategy, the platform enables developers to run any code or deploy an app with minimal effort in just two clicks. N1 also introduces support for app development in popular programming languages such as TypeScript, and plans to integrate additional languages such as Solidity, Rust, and C. This approach significantly reduces developer barriers and fosters a more inclusive environment for blockchain app creation.
To further simplify development and user engagement, N1 includes a centralized wallet for managing assets across applications, a wallet widget for a seamless login experience, and a wallet widget for developers to manage their projects efficiently. Provides native tools such as an intuitive deployment interface for
A new era of decentralized applications
N1 works with renowned teams to pioneer breakthrough cryptographic applications. These include Sushi, which is developing Susa, a perpetual decentralized exchange, and Kubo, which is developing an advanced automated market maker (AMM) protocol. These applications are uniquely suited to N1 due to their computational complexity that is difficult to handle on other platforms.
Amber Group, a well-known market maker backed by Paradigm, is also building a perpetual decentralized exchange on top of N1, featuring an innovative asset list and deep liquidity pool. Other initiatives include Mindshare, a social finance platform that allows users to trade cryptocurrency stories, and an AI-driven on-chain simulation inspired by Westworld. These projects will leverage N1's unparalleled computational power and set a new standard for blockchain-based applications.
Overcoming scalability constraints
The N1 effort began as a Layer 2 (L2) solution for Ethereum and has achieved a milestone of 100,000 transactions per second (tps) on the testnet. However, the limitations of Ethereum’s payment layer prompted a move to a full-stack layer 1 infrastructure. This transition allows N1 to significantly increase scalability while maintaining a high-performance execution layer. The platform currently delivers transaction speeds 10 to 100 times faster than existing blockchains, maintaining its position as a leader in blockchain technology.
Visionary leadership and strong financial support
Dima Romanov, CEO and co-founder of N1, highlighted the platform's breakthrough computational power and developer-friendly features aimed at enabling a new class of decentralized applications. The team behind N1 has a proven track record, having previously developed high-performance on-chain order books on Solana and facilitated over $500 million in trading volume.
The platform has secured significant investments from prominent entities such as Founders Fund, Multicoin, dao5, Kraken, Amber, GSR, and SALT. These investments confirm our confidence in N1's potential to transform the blockchain landscape.
Setting a new standard for blockchain innovation
N1's unique combination of performance, scalability, and developer-centric tools positions it as a game changer in the blockchain space. With its ability to handle unprecedented computational demands, N1 not only enables developers to create complex decentralized applications, but also sets a new benchmark for what is achievable in the rapidly evolving blockchain ecosystem. .
