
**Nibiru EVM (Nibiru V2) Codebase Finalized Following Rigorous Security Audits**
In a major breakthrough, Nibiru has successfully finalized the codebase for its upcoming Nibiru EVM (Nibiru V2) upgrade. This monumental achievement is a testament to the company’s unwavering commitment to security and user experience.
The announcement comes on the heels of rigorous security audits, which have been instrumental in identifying and addressing potential vulnerabilities. These thorough audits, conducted by Zenith and Code4rena, have ensured that Nibiru V2 is equipped with robust security measures, safeguarding users’ digital assets.
**Enhancing Scalability and Decentralization**
The Nibiru EVM upgrade is a pivotal step towards unlocking the full potential of the blockchain. By enabling Ethereum-based application development teams to seamlessly build on Nibiru, this enhancement will significantly expand its ecosystem, fostering innovation and collaboration.
Moreover, the introduction of innovative design innovations, such as FunToken Mechanism, Pipeline-Aware Reordered Execution (PARE), Optimized validator dynamics in NibiruBFT, Mempool Lanes for orderly transaction flow, is poised to catapult the platform’s scalability, decentralization, and user experience to unprecedented levels.
**Unleashing a New Era of DeFi and Real-World Assets**
Harvey Liu, Research Engineer at Nibi, Inc., emphasizes that these breakthroughs will empower developers to build advanced DeFi applications, integrate real-world assets (RWAs), and harness AI-driven bots and high-traffic cultural projects on a single platform.
“This represents a pivotal moment in the evolution of blockchain technology,” Liu noted. “We are committed to delivering an unparalleled user experience while fostering the next generation of decentralized innovation.”
**Strengthening Nibiru’s Position**
This significant milestone reiterates Nibiru’s dedication to its mission: providing a secure, fast, and robust ecosystem for developers to build upon. With its cutting-edge blockchain capabilities, backed by $20.5 million in funding from prominent venture capital firms, Nibiru is poised to revolutionize the industry.
For those looking to stay up-to-date with the latest developments within the Nibiru ecosystem, we recommend visiting their official Community Hub for news, socials, and community links.
**About Nibiru**
Nibiru is a high-performance MultiVM blockchain that boasts lightning-fast finality, an impressive block time of less than 1.8 seconds, and unparalleled security. With significant funding from NGC Ventures, HashKey Capital, Kraken Ventures, and Tribe Capital, the platform empowers developers to build interoperable smart contract applications across multiple virtual machines.
To explore the latest insights and developments within the Nibiru ecosystem, be sure to check out their dedicated Security Reports page on GitHub for comprehensive audits and security reports.
Source: cryptopotato.com