The Work Index by Flexa

Layer N

Layer N is a high-performance Layer 2 blockchain designed to scale financial applications on Ethereum.

https://www.layern.com/
4.4

/10

Transparency ranking

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Description

Layer N is a Layer 2 blockchain built on Ethereum, focused on hyper-scaling decentralized finance. The company emphasizes high performance and user experiences that rival modern financial networks, while remaining fully on-chain and decentralized. This is achieved through a network of custom and optimized rollups, powered by a shared communication and liquidity layer, enabling seamless communication and composability between applications.

Layer N's core technology includes "dedicated compute environments" that provide reserved computational bandwidth for applications, ensuring vertical scalability and eliminating state contention. The platform also leverages zero-knowledge fraud proofs, offering a secure and efficient approach to rollup security, and has developed its own trading-optimized rollup engine, Nord Engine, to deliver sub-millisecond latencies and handle hundreds of thousands of transactions per second.

Mission

Layer N is building a hyper-performant Layer 2 blockchain specifically designed to scale financial applications on Ethereum. Their goal is to create an on-chain ecosystem that rivals the speed and user experience of centralized financial networks while maintaining the security and decentralization of blockchain technology. Layer N enables developers to build hyperperformant financial applications with shared liquidity and seamless composability, bringing the global financial system to Ethereum.

Disruptor

Culture

Layer N fosters a culture of innovation and excellence, driven by a team passionate about revolutionizing the decentralized finance landscape. They emphasize a collaborative and open environment, welcoming diverse perspectives and expertise to push the boundaries of blockchain technology. The company embraces a fast-paced, results-oriented approach, encouraging experimentation and the pursuit of bold solutions that bridge the gap between traditional finance and the decentralized world.

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