N1, an innovative Layer 1 blockchain, is gearing up for its mainnet launch with robust backing from influential investors, including Founders Fund, Multicoin Capital, and Arthur Hayes. This support highlights the confidence in N1’s potential to redefine blockchain capabilities and its promising future in decentralized applications (dapps).
The development of N1 follows the closure of its predecessor, 01, with the founding team applying their expertise to create a blockchain that removes the traditional limitations on speed and computing power. Their efforts have garnered significant investor interest, signaling a strong belief in the project’s long-term viability.
N1’s high-performance blockchain is designed to empower decentralized app developers by supporting popular programming languages like TypeScript, with Python and additional languages expected soon. This multi-language approach simplifies the development process, making it more accessible for developers to build and scale dapps, bypassing the constraints of conventional smart contract platforms.
N1’s architecture sets it apart by utilizing separate settlement and execution layers, optimizing both efficiency and security without relying on traditional consensus mechanisms. This design allows each app to operate in a dedicated environment, using its chosen programming language while achieving scalable performance.
The platform has also introduced NTS, the first TypeScript-based smart contract platform, which is currently available to a select group of early developers. These developers are already building dapps that were previously unfeasible on blockchain networks, expanding the possibilities of decentralized technology.
In addition, N1 has launched N1 Studios, a new initiative designed to accelerate the development of the next generation of on-chain applications. By actively supporting and mentoring promising projects, N1 Studios aims to foster the creation of groundbreaking apps that demonstrate the full potential of the blockchain, free from the constraints of computing power, speed, and coding language limitations.
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