Exciting Developments as Nibiru EVM Codebase Completes Security Audits
Nibiru EVM Codebase Successfully Finalized
Nibiru, a high-performance blockchain platform, has achieved a significant milestone with the successful completion of its Nibiru EVM (Nibiru V2) upgrade codebase. This upgrade has been meticulously developed with a strong focus on security, ensuring that it meets the diverse needs of its users.
The Importance of Security Audits
Security is paramount for Nibiru. The recent audits were essential to ensure that the platform offers a secure environment for users and their assets. As Unique Divine, Co-founder and CEO of Nibi, Inc., noted, "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." The audits conducted on the core L1 logic were comprehensive, showcasing Nibiru’s dedication to robust security practices.
Collaborative Security Efforts
The security audits commenced with a consultative review in late 2024, carried out by Zenith, complemented by a competitive audit hosted by Code4rena in November. These audits were tailored specifically to Nibiru's codebase, covering the Ethereum JSON-RPC in addition to other key components of the Nibiru EVM. The team effectively addressed potential security vulnerabilities, affirming their commitment to a secure platform.
Innovations in Nibiru V2
The Nibiru EVM upgrade, also referred to as Nibiru V2, represents a groundbreaking advancement that enhances the platform's compatibility with Ethereum. This EVM-equivalent execution engine facilitates the development of Ethereum-based applications on Nibiru, allowing developers to utilize popular tools such as MetaMask and Coinbase (NASDAQ: COIN) Wallet seamlessly.
New Initiatives and Ecosystem Updates
The team's January 2025 Ecosystem Update revealed exciting plans for Nibiru V2, including the introduction of various new products. These include a Uniswap V3 deployment, the cross-chain DEX Astrovault, tokenized private credit, T-bills, and Bridged USDC—all contributing to a richer ecosystem for users and developers alike.
Nibiru Lagrange Point: Setting Future Goals
Nibiru is not resting on its laurels. It is also unveiling the early stages of its ambitious "Nibiru Lagrange Point" roadmap. This initiative focuses on enhancing scalability, decentralization, and overall user experience within the Nibiru platform.
Innovative Features of Nibiru Lagrange Point
The Nibiru Lagrange Point incorporates several cutting-edge features designed to improve transaction efficiency and overall platform performance:
- FunToken Mechanism, uniting EVM and non-EVM tokens without relying on third-party bridges
- Pipeline-Aware Reordered Execution (PARE), driving higher throughput
- Optimized validator dynamics in NibiruBFT, featuring Boneh–Lynn–Shacham (BLS) Signatures and advanced grouping algorithms for faster block times
- Mempool Lanes for efficient transaction management
These innovations aim to eliminate bottlenecks at every layer, enabling sophisticated DeFi applications, real-world asset utilization, AI-powered solutions, and vibrant cultural projects to operate smoothly—all on a single platform, as stated by Harvey Liu, Research Engineer at Nibi, Inc.
About Nibiru
Nibiru is recognized as a high-performance MultiVM blockchain that achieves rapid transaction finality, boasting block times of under 1.8 seconds while ensuring strong security measures. With significant backing, including $20.5 million in funding from notable investors such as NGC Ventures, HashKey Capital, Kraken Ventures, and Tribe Capital, Nibiru empowers developers to create and deploy smart contract applications across various virtual machines, including the Ethereum Virtual Machine (EVM) and WebAssembly (Wasm).
Contact Information for Media Inquiries
For PR and media inquiries, please reach out to media@nibiru.org.
Frequently Asked Questions
What is the Nibiru EVM upgrade?
The Nibiru EVM upgrade, or Nibiru V2, enhances the platform's compatibility with Ethereum, allowing easier development of Ethereum-based applications.
Why are security audits important for Nibiru?
Security audits ensure that Nibiru provides a safe environment for users and their digital assets, identifying and addressing potential vulnerabilities.
What new products are being launched on Nibiru V2?
New products include Uniswap V3, Astrovault DEX, tokenized private credit and T-bills, and Bridged USDC, all enhancing the Nibiru ecosystem.
What is the Nibiru Lagrange Point roadmap?
The Nibiru Lagrange Point roadmap focuses on improving scalability, decentralization, and user experience on the Nibiru platform with innovative features.
How quickly does Nibiru process transactions?
Nibiru achieves rapid transaction finality with block times of less than 1.8 seconds, providing users with a fast and efficient experience.
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