The startup has developed a high-performance rollup network that enhances scalability for financial applications on Ethereum by providing shared communication layers and instant bridging between rollups. This technology enables developers to efficiently build and deploy robust financial solutions while addressing the limitations of transaction throughput and latency on the Ethereum blockchain.
Funding
$5.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
DFounders
Product
Problem
Ethereum's transaction throughput and latency limitations hinder the scalability of decentralized financial applications, creating bottlenecks and preventing the deployment of high-performance financial solutions. Existing rollup solutions often lack efficient communication layers and instant bridging, further complicating the development process.
Solution
N1 provides a Layer 1 blockchain solution designed to enable unrestricted scale and ultra-low latency for decentralized applications. N1 addresses the limitations of existing blockchain infrastructure by offering horizontal scalability, sub-millisecond latency, and congestion-free throughput. This allows developers to build and deploy powerful, fast, and modern on-chain applications. N1 offers frameworks designed to make development easy, fast, and powerful, including a TypeScript smart contract application development environment.
Target Audience
The primary target audience includes developers and organizations building decentralized exchanges (DEXs), real-world asset tokenization platforms, lending protocols, prediction markets, asset management tools, NFT platforms, automated market makers (AMMs), and other high-performance financial applications.
Features
- Achieves 100K+ TPS (transactions per second)
- Offers sub-millisecond latency
- Provides dedicated compute resources
- NTS: TypeScript smart contract application development environment
- NordVM: Rust-based exchange-specific framework for on-chain order books
- NX: VM Agnostic framework that allows developers to build apps in any language and with any VM