The Nibiru Chain (NIBI) is a Layer 1 (L1) blockchain and smart contract ecosystem known for its superior throughput and security. It aims to be the most developer-friendly and user-friendly smart contract ecosystem in the Web3 space.
Nibiru focuses on mainstream Web3 adoption by innovating across various layers, including decentralized application (dApp) development, infrastructure, consensus mechanisms, and offering a comprehensive developer toolkit.
The project also emphasizes scalability and performance, addressing decentralization, security, and scalability concurrently to ensure an optimal user experience, especially during periods of high demand. Its advanced parallel processing capabilities make it an ideal platform for real-time consumer applications.
Additionally, Nibiru is part of the Cosmos ecosystem and operates as a sovereign proof-of-stake blockchain. The NIBI token is central to its ecosystem, serving both as a staking and utility token. It powers the network's PoS consensus and decentralized governance, allowing NIBI stakers to propose and enact changes within the network. Moreover, NIBI is used to secure the network and facilitate computation payments.
