In Transient
Nexus Community has introduced Nexus Layer 1, a “planetary-scale supercomputer,” marking a serious milestone for the venture, with Testnet II set to launch on February 18th to help its integration.
EVM-compatible Layer 1 blockchain, Nexus launched the Nexus Layer 1 blockchain, describing it as “a planetary-scale supercomputer,” marking a key milestone within the development of the Nexus Venture, following a number of releases of the Nexus zkVM and the Nexus Community.
Based on the announcement, Nexus Layer 1 integrates the Nexus zkVM with the Nexus Supercomputer, aiming to consolidate international computational energy right into a single blockchain. It aspires to condense your entire web right into a singular proof.
As a result of system’s hyper-parallel construction, the computational capability of the community expands with every new node that connects. This ensures that each participant contributes to the community’s effectivity. The venture envisions a limitless ecosystem of functions, spanning Layer 2, Layer 3, and Layer 4 networks, all optimized for this next-generation, high-performance parallelized Layer 1 framework. In the end, all computations will likely be compressed right into a single proof, known as “Proof Singularity.” The brand new community is about to remodel enterprise interactions and facilitate seamless international commerce.
Additional particulars concerning the structure, roadmap, and technical specs of Nexus Layer 1 will likely be shared within the coming weeks. Moreover, the Nexus Community plans to launch Nexus Testnet II on February 18th at 9:00 AM PT, operating till February twenty first at 4:00 PM PT. The aim of Testnet II is to facilitate preparations for integrating the Nexus Layer 1 blockchain.
What Is Nexus Community?
The Nexus Network features as a verifiable supercomputer, harnessing the mixed processing energy of a variety of units—together with large-scale GPU farms, private computer systems, and even smartphones. Its main goal is to unify these units right into a single, cohesive supercomputer able to validating and proving all computational processes throughout the web.
In essence, the Nexus Community operates as a extremely parallelized proof community designed to execute and confirm the Nexus zkVM. The community stays underneath lively growth, having efficiently launched two testnets towards the tip of final 12 months. At the moment, it’s in its devnet part, offering builders with an atmosphere to experiment and construct functions on the community.
In June 2024, Nexus secured $25 million in a Sequence A funding spherical co-led by Lightseed and Pantera Capital, with extra investments from Faction, Dragonfly, and Blockchain Builders Fund. This adopted a $2 million seed spherical in late 2022, led by Dragonfly and supported by Alliance, SV Angel, Blockchain Builders Fund, and different buyers.
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About The Creator
Alisa, a devoted journalist on the MPost, makes a speciality of cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a eager eye for rising traits and applied sciences, she delivers complete protection to tell and interact readers within the ever-evolving panorama of digital finance.
Alisa Davidson
Alisa, a devoted journalist on the MPost, makes a speciality of cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a eager eye for rising traits and applied sciences, she delivers complete protection to tell and interact readers within the ever-evolving panorama of digital finance.
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