Introducing Nitro 🚦The first Solana scaling solution
Nitro is building an L2 for Solana that combines Solana’s powerful execution environment and developer community with the thriving Cosmos and IBC ecosystem
A 🧵 on why Solana DeFi users and developers should be excited 👇
Nitro will serve as the gateway between #Solana and #Cosmos.
In the past, Solidity and EVM have grown to become a development standard across crypto. Nitro is taking the first step in making the Sealevel VM (SVM) a core development standard like the EVM.
Nitro will feature SVM compatibility that enables developers to easily launch their Solana dApps on Nitro and access the broader Cosmos and IBC ecosystem.
Apps built on Nitro can leverage the SVM for high performance while gaining the interoperability that is native to IBC.
Over the last few years, Solana has fostered an incredible developer community with global reach.
Solana developers have access to comprehensive resources and tooling like the Anchor framework, Metaplex, and Solana Tool Suite to learn how to build new smart contracts.
Nitro lets developers deploy existing Solana smart contracts with no changes, while users can seamlessly access these apps with Solana wallets.
Incubated by contributors at Sei Labs, Nitro provides a platform for Solana developers looking to expand to the IBC markets.
Solana has seen a huge inflow of developers. Nitro is the first SVM-compatible scaling solution that gives Solana developers unique access to the rapidly growing Cosmos ecosystem and allows Cosmos assets to easily get bridged to Solana.
Nitro brings two of the most thriving ecosystems together: Solana & Cosmos 🤝
Being built on Sei, Nitro will supercharge DeFi performance on a blockchain that is purpose-built for DeFi.
Sub-second finality (600ms) & high throughput (20k tps) are only the tip of the iceberg.
The future of DeFi is centered around interoperability & composability.
The future of DeFi is based on a seamless UX powered by the most powerful ideas, executed on a lightning fast layer.
The future of DeFi for Solana & Cosmos is Nitro 🏎️💨
For more details on Nitro check out our recent feature in @Blockworks_ 👇🚦