Tortola, British Virgin Islands, January 23rd,
2025, Chainwire
Nibiru, a secure and
high-performance blockchain, has reached successful code completion
for its upcoming Nibiru EVM (Nibiru V2) upgrade.
"This milestone marks a key step in the evolution of
Nibiru. Smoothly launching an initiative like this is about doing
small things right to make a big difference. Nibiru places a heavy
emphasis on security for users and their digital assets. The audits
and resulting mitigation changes help ensure that the new
generation of apps on Nibiru will deploy in a secure and efficient
environment, stated Unique Divine, Co-founder of Nibiru and CEO of
Nibi, Inc."
These security audits of Nibiru focused on the core L1 logic.
The team started with a consultative security audit in October 2024
by Zenith, where Code4rena assembled a curated team of auditors
tailored to the project’s specific codebase and needs. After
addressing potential security findings from this audit, the team
sponsored a competitive Code4rena audit in November 2024. This
second audit expanded its scope to include Nibiru’s Ethereum
JSON-RPC, in addition to the core L1 and the Nibiru EVM.
What is Nibiru EVM (Nibiru V2)?
The Nibiru EVM Upgrade, also called Nibiru V2, is a "purely
additive" enhancement to Nibiru that makes it an EVM-equivalent
execution engine. This allows Ethereum-based application
development teams to more easily build on Nibiru and take advantage
of widely used tools like MetaMask and Coinbase Wallet.
The team's Jan 2025 Ecosystem
Update also mentions the launch of several products on top of
Nibiru V2, including a Uniswap V3 deployment by Oku, Astrovault's
cross-chain value capture DEX, tokenized private credit and
T-bills, and Bridged USDC.
Nibiru Lagrange Point: A Glimpse into the
Future
Building upon the progress of the Nibiru EVM upgrade, Nibiru is
unveiling the initial stages of its ambitious "Nibiru Lagrange
Point" roadmap. This roadmap outlines a series of innovative
advancements designed to further enhance the scalability,
decentralization, and user experience on Nibiru.
Nibiru Lagrange Point combines:
- FunToken Mechanism, a unification of EVM and non-EVM tokens
that don't rely on third-party bridges
- Pipeline-Aware Reordered Execution (PARE) for higher
throughput
- Optimized validator dynamics in NibiruBFT, including
Boneh–Lynn–Shacham (BLS) Signatures and novel grouping algorithms
to reduce overhead and speed up block times.
- Mempool Lanes for orderly transaction flow
These design innovations are meant to "address bottlenecks
across every layer of the stack, paving the way for advanced DeFi,
real-world assets (RWAs), AI-driven bots, and high-traffic cultural
projects—all running seamlessly on a single platform", according to
Harvey Liu, Research Engineer at Nibi, Inc.
About Nibiru
Nibiru is a
high-performance MultiVM blockchain that achieves fast finality, a
block time of less than 1.8 seconds, and robust security. Backed by
$20.5 million in funding from NGC Ventures, HashKey Capital, Kraken
Ventures, and Tribe Capital, Nibiru enables developers to build and
deploy smart contract applications interoperable across multiple
virtual machines, such as the Ethereum Virtual Machine (EVM) and
WebAssembly (Wasm).
Contact
PR & Media
Inquiries
media@nibiru.org
