N1 Revolutionizes Blockchain with Innovative Layer-1 Solutions
Introduction to N1
N1, formerly known as Layer N, has transformed into a groundbreaking Layer-1 blockchain. It aims to revolutionize crypto applications with a remarkable 100,000 transactions per second (tps) and multi-language support. Backed by Peter Thiel’s Founders Fund, N1 is focused on scalability and performance, enabling applications that were previously unattainable.
Developer-Friendly Features
N1 introduces a hyper app-centric approach, simplifying the deployment of onchain apps. It is the first blockchain to support Typescript app development, with plans to include languages like Solidity, Rust, and C. This reduces the learning curve for developers, making blockchain technology more accessible.
Native Applications and Tools
N1 offers native applications such as a ‘hub’ wallet for cross-application asset management and a unified login experience via a wallet widget. Additionally, a ‘vercel’-like deployment interface allows developers to launch and manage applications in just two clicks.
Innovative Crypto Applications
N1 is collaborating with teams to create novel and enhanced crypto applications. Notable projects include Sushi's Susa, a perpetuals DEX, and Kubo, an advanced AMM protocol. Amber Group is developing a perpetual DEX protocol, while Mindshare introduces a socialfi app for trading crypto narratives. These applications are uniquely possible on N1 due to its computational capabilities.
Evolution from L2 to L1
Initially conceived as an L2 solution for Ethereum, N1 has evolved into a full-stack L1 blockchain. This shift addresses Ethereum's scalability bottlenecks, enabling N1 to deliver 10-100 times the scale and performance of existing chains.
Conclusion
N1 is set to redefine the blockchain landscape with its unprecedented computational capabilities and developer-friendly features. The platform supports innovative applications, pushing the boundaries of what’s possible in the crypto space. Founded by industry veterans, N1 is poised to enable a new generation of decentralized applications.
N1 continues to attract significant investment and interest from major industry players, highlighting its potential to transform blockchain technology.
What is Coinefficiency?
Coinefficiency is your go-to platform for optimizing cryptocurrency trading, investments and strategies. We provide a comprehensive suite of tools to analyze market trends, monitor price movements, and execute effective trading strategies. Whether you're a seasoned trader or new to crypto, Coinefficiency helps you maximize your profits with data-driven insights.
Why Use Coinefficiency?
- Advanced market analytics to identify trading opportunities.
- Compare markets relative performance.
- Understand market cycles over time. See market levels.
- Compare buy-and-hold, portfolio rebalancing, Dollar-Cost-Averaging trading strategies.
With Coinefficiency, you can stay ahead of the market and execute efficient trading strategies effortlessly.
Get Started with Coinefficiency
Ready to optimize your crypto investments? Take control of your portfolio with cutting-edge tools designed for both beginners and experts.