Neutron (NTRN)

Neutron is a blockchain network that brings Smart Contracts into the Cosmos-family blockchains using CosmWasm. Neutron works with networks using the IBC protocol. Neutron security (block validation) is provided by the Cosmos Hub network using Interchain Security.

Neutron Testnet https://twitter.com/Neutron_org/status/1590447108699860992

Funding Round: $10 Million

Whitepaper

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Interest lvl

Medium

Updated: Oct 10, 2023

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User Rating

Medium

3/5 • 1 votes

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Ticker

NTRN

Type

Utility-token

Registration year2022

Launchpads

Binance

Ecosystems

Cosmos

What is Neutron

Powered by Tendermint and built with the Cosmos SDK, Neutron is the most secure permission-less smart contract platform for Interchain DeFi.

• Neutron lets developers launch smart-contracts
• Neutron gives tools to interoperate with other protocols and appchains
• Neutron Is incubated by P2P, an industry leader and a Cosmos OG

Neutron features native support for CosmWasm, a virtual machine that allows smart contracts written in Rust, AssemblyScript, and other coding languages to run on Cosmos blockchains.

CosmWasm smart contracts have significant benefits over an Appchain’s binary: they benefit froma n extensive library of testing tools, are easier to deploy and upgrade, and can be audited more efficiently.

Being permission-less means, smart contracts can launch on Neutron without the need to be whitelisted via a governance vote.

It makes Neutron more scalable, neutral, and competitive:

• Fast deployment: Web3 is a fast-paced industry, where speed is key to the product’s viability on the market, and a lengthy governance process can hinder competitiveness.
• Streamlined governance: Neutron governance remains lightweight and efficient, and developer teams on Neutron are not bottlenecked.
• Neutrality: on Neutron, competition cannot be suppressed. Smart contract deployment is resistant to conflicts of interests, and any project can launch.