🚀Irys (ᴗ) — The world's first Layer-1 programmable data chain officially launched on the alpha testnet.
🔍Key Features
- Programmable Data: Logic can be embedded directly into stored data, allowing for processing via smart contracts.
- IrysVM: An EVM-compatible execution layer combined with the data chain, enabling the use of existing development tools.
- Dual Ledger System: Implementation of permanent storage in the 'Publish Ledger' after verification in the 'Submit Ledger'.
- Verifiable Compute: Calculation results can be cryptographically verified, ensuring high reliability.
📈Notable Performance Metrics of the Testnet
- Supports 100,000 transactions per second → Approximately 6,000 times faster than Filecoin.
- Offers fixed fees that are 16 times cheaper compared to Arweave storage costs.
- 100 times reduction in latency, with unlimited data storage capability.
🎮Irys Testnet Live (Receive tokens via testnet faucet)
- Earn testnet tokens by playing games in Irys Arcade.
- Participation in the BuildKey lottery event may provide opportunities for mainnet and TGE.
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