Nibiru plans to scale beyond Ethereum’s current infrastructure. It is limited to approximately 20 transactions per second (TPS) and results in high fees during periods of congestion.
These constraints hinder developers from building performance-intensive applications similar to the ones seen in Web2. Let’s explore more about Nibiru
Introducing Nibiru EVM: High-Performance Ethereum Execution
Nibiru EVM surpasses these limitations by offering throughput exceeding 10,000 TPS even with just single-threaded execution. To take the scaling and performance a step further, Nibiru plans to upgrade the network to process transactions with parallel optimistic execution.
According to its blog post, it is targeted for release before the end of 2024. This approach allows nodes to use extra hardware resources, pushing the boundaries of the network’s transaction-handling capabilities.
Source: X
Fueling Ecosystem Expansion and Enhanced Developer Experience
“Compatibility with Ethereum is a key driver for attracting liquidity and promoting ecosystem growth on Nibiru EVM. Launching a blockchain protocol is about building trust and showcasing real-world utility. Innovating and improving the EVM is a key part of our strategy,” explains Unique.
Nibiru EVM significantly lowers barriers to entry and accelerates development timelines. It will empower developers with a robust and user-friendly environment. It enables seamless interaction between Ethereum-based tokens and applications across multiple virtual machines. This multi-VM approach ensures fast transaction processing and a streamlined user experience.
With Nibiru EVM, Ethereum developers can deploy applications in a familiar EVM environment. It will reduce barriers to entry and accelerate development timelines. Also, it will reap the benefits of parallel optimistic execution and instant finality.
Source: X
Nibiru in Early Innings
Since its mainnet launch in March 2024, Nibiru has supported Wasm (Web Assembly) smart contracts. It was written in the Rust programming language. The introduction of Nibiru EVM promises developers an EVM-compatible execution environment that is both highly performant and scalable.
Positioned to play a crucial role in the future of decentralized applications, Nibiru’s chain is driving innovation and setting the stage for mainstream adoption.
More on Nibiru
Stay up-to-date on the latest news or engage with Nibiru by visiting the Community Hub. Here you can find the official web application and information on user guides, block explorers, and upcoming governance and improvement proposals.
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