Tortola, British Virgin Islands, 23 January 2025, Pakinomist
Nibiru, a secure and high-performance blockchain, has reached successful code completion for its upcoming Nibiru EVM (Nibiru V2) upgrade.
“This milestone marks an important step in the development of Nibiru. A smooth launch of an initiative like this is all about doing small things right to make a big difference. Nibiru places great emphasis on security for users and their digital assets. The audits and the resulting mitigation changes help ensure that the new generation of apps on Nibiru will be deployed in a safe and efficient environment, said Unique Divine, co-founder of Nibiru and CEO of Nibi, Inc.”
These security audits of Nibiru focused on the core L1 logic. The team started with an advisory security audit in October 2024 by Zenith, where Code4rena assembled a curated team of auditors tailored to the project’s specific codebase and needs. After addressing potential security findings from this audit, the team sponsored a competitive Code4rena audit in November 2024. This second audit expanded its scope to include Nibiru JSON-RPC, in addition to core L1 and Nibiru EVM.
What is Nibiru EVM (Nibiru V2)?
Nibiru EVM Upgrade, also called Nibiru V2, is a “purely additive” enhancement to Nibiru, making it an EVM equivalent execution engine. This allows Ethereum-based application development teams to more easily build on Nibiru and take advantage of widely used tools like MetaMask and the Coinbase (NASDAQ:) Wallet.
The team’s January 2025 ecosystem update also mentions the launch of several products on top of Nibiru V2, including a V3 implementation of Oku, Astrovault’s cross-chain value capture DEX, tokenized private credit and treasury bills, and Bridged USDC.
Nibiru Lagrange Point: A Glimpse into the Future
Building on the development of the Nibiru EVM upgrade, Nibiru is unveiling the initial phases of its ambitious “Nibiru Lagrange Point” roadmap. This roadmap outlines a series of innovative advancements designed to further improve the scalability, decentralization and user experience on Nibiru.
The Nibiru Lagrange Point combines:
- FunToken Mechanism, a union of EVM and non-EVM tokens that does not rely on third-party bridges
- Pipeline-Aware Reordered Execution (PARE) for higher throughput
- Optimized validator dynamics in NibiruBFT, including Boneh–Lynn–Shacham (BLS) signatures and new clustering algorithms to reduce overhead and speed up block times.
- Mempool Lanes for orderly transaction flow
These design innovations are intended to “address bottlenecks across every layer of the stack, paving the way for advanced DeFi, real-world assets (RWAs), AI-powered bots and high-traffic cultural projects – all running seamlessly on a single platform,” according to Harvey Liu, research engineer at Nibi, Inc.
About Nibiru
Nibiru is a high-performance MultiVM blockchain that achieves fast finality, a block time of less than 1.8 seconds, and robust security. Backed by $20.5 million in funding from NGC Ventures, HashKey Capital, Kraken Ventures and Tribe Capital, Nibiru enables developers to build and deploy smart contract applications that are interoperable across multiple virtual machines, such as the Ethereum Virtual Machine (EVM ) and WebAssembly (Wasm) .
- Latest Nibiru Ecosystem Update – January 2025: Deep dive into Nibiru’s growth and development
- Nibiru Community Hub: News, Social News and Community Links
- Nibiru/Security-Reports・GitHub: Audits and Security Reports
ContactPR & Media Inquiriesmedia@nibiru.org