Nautilus Chain testnet reaches a milestone, marking a new chapter for modular blockchain

Author: Nautilus Chain

Nautilus Chain is one of the few truly practical Layer3 modular chains in the industry. The chain launched its testnet a few months ago and has been accepting user testing interactions. It is currently in the testnet phase and will soon launch its mainnet, marking it as the first officially launched modular blockchain infrastructure in the industry.

Last month, the Nautilus Chain testnet reached a significant milestone, with a tested TPS of approximately 2000. The Nautilus Layer3 Carnival X Galxe OAT Minted event attracted nearly 200,000 community members, with over 696,000 registered interaction addresses participating in the testnet incentive activities, resulting in over 44,000,000 on-chain transactions. During the testnet phase, Nautilus Chain established strategic partnerships with over 80 ecosystems, including partners like Celestia, MultiChain, Eclipse, Poly Network, and Galxe. It also collaborated with Zebec Labs to launch a $20 million ecosystem fund, with Poseiswap and Coral Finance receiving the first two investments from this fund.

1. Nautilus Chain Opens a New Chapter in Modular Blockchain

In 2022, Celestia proposed the concept of modular blockchains, suggesting that blockchains should be divided into four parts: Execution, Settlement, Consensus, and DA (Data Availability). Among these, Execution and DA are the most noteworthy. These two components handle the top layer (execution) and the bottom layer (archiving transactions). Celestia specializes in "Data Availability (DA)" infrastructure, functioning as a modular protocol that only deals with data availability, while other execution and settlement tasks can lock onto the DA layer. Developers can directly choose the execution environment they want to use to build DApps on Celestia. Based on Celestia, some emerging base chains will no longer need to overly rely on other Layer1s like Ethereum for DA.

Modularity is expected to be key in solving the blockchain trilemma, bringing a multi-chain future that is secure, scalable, and decentralized. Celestia's modular architecture is deconstructing blockchains into data, consensus, and execution, streamlining and modularizing the consensus layer to empower developers with limited budgets to easily deploy their own blockchains.

Celestia offers various solutions for modular scaling, including sovereign Rollups and settlement Rollups, allowing emerging chains to have greater autonomy, efficient execution environments, scalability, minimal governance, and lower deployment barriers.

Currently, Nautilus Chain is the first sovereign modular Layer3 chain built on Celestia, and with the launch of its mainnet, Celestia's modular vision is being realized.

Nautilus Chain, based on the Layer3 concept proposed by Vitalik, has also developed a new Layer3 approach. It does not believe that Layer3 should patch Layer2 or even Layer1; rather, Layer3 should be a customizable system that does not overly depend on other Layer2 facilities without reinventing the wheel. With the support of infrastructures like Celestia and Eclipse, Nautilus Chain is achieving this goal through modularization and layering.

At present, Nautilus Chain is the industry's first parallel and fastest EVM Rollup Layer3 scaling solution. As the first modular chain, storage, computation, consensus, and other functions are distributed across different modules, providing higher scalability and expansion capabilities, further enhancing network throughput, security, and privacy.

To facilitate modular design, Nautilus Chain also employs Eclipse for modular integration design. Eclipse is a Rollup solution that allows developers to customize various components according to their preferences, such as EVM, SVM, and MoveVM execution environments, as well as Celestia, Polygon Avail, and EigenDA data availability layers.

Unlike other Rollups with fixed components (such as virtual machines and base layers), developers can easily create various forms of Rollups using Eclipse. For example, you can choose Polygon Avail as the consensus and data availability layer while using SVM as the execution layer. Eclipse provides the "Eclipse Settlement Layer" as the settlement layer (including IBC), and Rollups built with Eclipse can seamlessly integrate with the Cosmos ecosystem. Based on Eclipse, developers can customize their choice of virtual machines, easily integrating various feature-rich virtual machines, including EVM, RUST, Move, and Wasm virtual machines, which also lays the foundation for Nautilus Chain's customized development languages. As an EVM-compatible chain, Nautilus Chain is expected to further introduce EIP-696 in future iterations to help developers generate more revenue.

In the early stages where the forms and definitions of modularization and Layer3 are still uncertain, Nautilus Chain undoubtedly represents the most illustrative examples in these two fields and is poised to become an early definitional leader. As the Layer1 battle concludes, competition in the public chain space is shifting towards Layer2 and Layer3, highlighting the strong competitiveness of the sovereign Nautilus Chain system.

2. Hackathon and Global Tour

Nautilus Chain is strengthening its leadership position in the Layer3 and modularization fields. The team plans to hold a series of modular blockchain technology sharing sessions in major cities across Asia, aiming to promote blockchain technology, especially the future of modular blockchains.

Through these events, they hope to enhance public understanding of blockchain technology and promote its development in Asia. Meanwhile, the sharing sessions will focus on increasing awareness and will be conducted in a purely technical ecological sharing format, with specific invitations extended to well-known project auditors, investment researchers, capital, and technical community partners to participate and engage in in-depth discussions on the development trends, challenges, opportunities, and potential business opportunities of modular blockchains. It is reported that this series of events is planned to be held in major Asian cities such as Tokyo, Shenzhen, Shanghai, Hong Kong, Singapore, Seoul, Tokyo, Mumbai, and Bangalore. The sharing sessions in Tokyo, Shenzhen, and Shanghai have already been successfully held, with the next stop being Singapore.

While hosting the global tour, Nautilus Chain is also co-hosting hackathon events with partners such as Stanford Blockchain Accelerator, Zebec Protocol, and Rootz Lab to help more quality developers participate in the development of the Web3 world, promote innovation and application of on-chain facilities, and advance the development of Layer3 technology.

Currently, the hackathon is actively accepting registrations.

(https://dorahacks.io/hackathon/stanfordhack/detail)