introduce
Nibiru Chain is a breakthrough L1 blockchain and smart contract ecosystem that provides superior throughput and unparalleled security. Nibiru aims to be the most developer-friendly and user-friendly smart contract ecosystem, leading mainstream Web 3 adoption by innovating at every layer of the stack: DAPP development, infrastructure, consensus, comprehensive development toolkit and Value accumulates.
Since emerging from stealth mode in late 2022, dozens of projects have begun building on Nibiru in areas such as DeFi, games, real-world assets, NFTs, developer tools, and bridges, each with a common mission , that is, providing everyone with fast, secure and user-friendly digital asset interaction.
economics
Core Token Utility: Nibiru Chain’s staking and utility token is called “NIBI”. This token plays a pivotal role in driving the network’s proof-of-stake consensus and decentralized governance, a process through which NIBI’s stakeholders can decide and bring about changes to the network. Additionally, NIBI is used to secure the network and pay for computing fees in the form of gas fees, which is essential to facilitate the creation of new blocks on the chain.
“Dev Gas” royalty mechanism: Imagine a protocol like Uniswap or Aave earning half the ETH fees. This unique feature has attracted Niboru developers, where builders automatically earn half of Niboru gas for their smart contracts, encouraging network growth and ecosystem sustainability
Community-Focused Token Distribution: Taking inspiration from the most successful non-linear release programs in Web3, the NIBI token supply is designed to promote long-term stability and community engagement. The majority of the NIBI token supply is allocated to the community, including stakeholders, builders, liquidity providers and ecosystem grants. For more information, see the full Nibiru Tokenomics page.
Excellent performance: When it comes to performance, Nibiru excels. The network can process 40,000 transactions per second, with instant finality and 1.4 second block times, even with the largest decentralized validator set. Nibiru enables developers to seamlessly build the future of decentralized applications.
Parallel Optimistic Execution: A fundamental limitation in scaling many blockchains today is the inefficiency of executing transactions sequentially. Nibiru Chain addresses this limitation by introducing support for parallel or optimistic execution, allowing multiple independent transactions to be processed simultaneously.
Unrivaled Security: Smart contracts in Nibiru’s main execution engine (Wasm) are immune to the vast majority of common attack vectors, such as reentrancy, arithmetic overflow/underflow, short address attacks, and many other attacks plaguing the Web3 space. Nibiru’s elastic security enables high-reliability applications to be brought to production faster and scale to serve the growing blockchain user base.
Comprehensive developer toolkit: Web3 software development kit (SDK) in modern programming languages such as TypeScript, Golang, Python, and Rust.
Nibi-Indexer: A user-centric tool that provides transparent blockchain data for analyzing smart contracts and transactions via GraphQL. Nibi-Indexer is an indispensable resource for developers, providing reliable on-chain data for trust and verification.
Nibi-Oracle: Nibi-Oracle provides a native oracle solution that allows validator operators to actively participate in oracle consensus voting to integrate off-chain data onto the blockchain with high fidelity. [learn more].
Native EVM compatibility: Builders on Nibiru have the flexibility to choose their execution environment, choosing the security and performance of Wasm or the convenience of EVM. Scheduled for release in 2024, native EVM support will open the door for the global EVM developer community to leverage familiar existing tools and programming languages.
Nibirubo
Participation link:
https://coinlist.co/nibiru?utm_source=Nibiru&utm_medium=web&utm_campaign=Nibiru+Community+Sale
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