Nibiru

Nibiru Chain is a high-performance Layer 1 blockchain and smart contract ecosystem designed for mainstream Web3 adoption.

It operates on a proof-of-stake model and features a unique architecture that integrates multiple virtual machines, allowing for superior throughput of over 40,000 transactions per second and fast finality with block times under 1.8 seconds. The platform utilizes Wasm smart contracts for enhanced security and includes a proprietary Nibiru VM that supports various development environments. Nibiru offers a range of tools and infrastructure for the decentralized web, including a permission-less smart contract platform, DeFi structured products, and a comprehensive developer toolkit. The native cryptocurrency, NIBI, is used for transaction fees, network security, and governance. Nibiru also runs a grants program to support builders in the ecosystem. Targeting both software developers and end users, Nibiru aims to be a user-friendly hub for DeFi beginners and advanced users alike, fostering a diverse community engaged in decentralized applications.