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L1's are not infra (or they shouldn't be)
L1s keep getting the story wrong. They operate like infrastructure companies, charging per transaction like AWS charges per compute cycle, when they're actually financial networks.
August 12th, 2025
· Opinion
Multiple Concurrent Proposers is not a scaling solution
Writing this to address a common misunderstanding. Solana's MCP proposal does not solve scaling. It doesn't even claim to! Yet this misunderstanding persists. MCP solves a fundamentally different problem; crucial, but distinct from horizontal scaling, which is what centralized ledgers with bridging attempt to solve.
May 9th, 2025
· Research
Liquidity Convergence Theory
There are only a few blockchains that have truly changed crypto paradigm: Ethereum → Solana → Hyperliquid. And they all have a common thread.
March 21st, 2025
· Opinion
2025 Crypto End-User Report
N1 Presents the 2025 Crypto End-User Report. This survey offers valuable insights into how users engage with cryptocurrency, their investment behaviors, and overall sentiment.
February 25th, 2025
· Research
EVM: The Illusion of Progress
Novel architectures to enable concurrency control for ultimately a non-concurrent architecture and workload. Hundreds of millions dollars worth of man-hours, entire lifetimes, massive termsheets, poured into making the EVM fast. All completely wasted.
February 13th, 2025
· Research
Two-Chain Thesis
A two-chain system shifts the trade-offs in a way that makes sense. Instead of forcing one network to optimize for everything at once, the system is split into two specialized environments: a Ledger Chain for financial integrity and a Compute Chain for high-performance execution.
February 11th, 2025
· Opinion
We Built the Fastest Rollup on Ethereum, then left
We built the fastest rollup on Ethereum, achieving 100k+ tps, then left Ethereum, here's how and why...
December 17th, 2024
· Research
GM, N1
Layer N is now N1.
December 5th, 2024
· Announcement
The Effects of Latency on Market Making
Market making is a crucial aspect of open finance. We explore the tangible effects of latency on market makers’ ability to provide competitive spreads and liquidity on blockchain systems.
August 22nd, 2024
· Research
The Endgame
Vitalik, in his Endgame article, discusses possible long term futures for the ecosystem, arguing that rollups, in a sense, are execution shards, though with a different set of tradeoffs than native sharding...
June 11th, 2024
· Research
N1 Launches Liquidity Program With $20M Commitment From Amber Group
N1 has launched a liquidity program to support decentralized financial applications. Amber Group, a leader in digital asset and wealth management, is the first participant, with a $20 million commitment.
April 18th, 2024
· Announcement
Former Fidelity International Executive Luc Froehlich Joins Layer N Advisory Board
Froehlich brings his expertise in bridging traditional finance with digital assets to Layer N.
February 22nd, 2024
· Announcement
Layer N's Nord Engine Achieves 100,000+ TPS on Closed Testnet
Layer N conducted a closed testnet for Nord Engine, it's first trading-optimized rollup engine, and achieved significant throughput benchmarks.
January 31st, 2024
· Engineering
Layer N raises $5M from Peter Thiel's Founders Fund
Layer N raises $5 million in a seed round co-led by Founders Fund, dao5, with participation from other major partners like Amber group, Kraken Ventures, SALT, GSR, and more.
September 13th, 2023
· Announcement
Zero-knowledge Fraud Proofs
When designing a rollup, one key design consideration is how to ensure security and trust while still increasing the scalability of the underlying Layer 1.
May 20th, 2023
· Product