Layer N: Launch of the first phase of the public testnet

ChainCatcher news, according to official sources, the modular L2 protocol Layer N has launched the first phase of its public testnet, allowing users and developers to use real-time and fully deployed instances of NordVM. The testnet will consist of three phases:

• The first phase is the launch of NordVM, the first XVM implementation;

• The second phase is the launch of NEVM, a public EVM chain;

• The third phase is the integration of our StateNet, which is a unified communication layer.

It is reported that NordVM is the first XVM implementation on Layer N, featuring ultra-low latency, high throughput, and negligible transaction fees. Users can experience NordVM on Layer N, connect their wallets, and link Twitter and Discord for exclusive features.

According to the crypto data platform RootData, last September, the modular L2 protocol Layer N completed a $5 million seed round financing, led by Founders Fund and dao5.