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Nubit

Last updated: Apr 02, 2024

Nubit operates as a Bitcoin-native data availability layer, optimizing transaction processing through the BRC-1310 standard. The implementation incorporates staking, advanced sampling techniques, attestation on the Bitcoin network, and a decentralized bridge for seamless operation.

Pre-Seed round: $3 Million

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Overview

Project industry	Blockchain Infrastructure
Product type	Technology
Whitepaper	Open
Onepager	Open

What is Nubit

Nubit is a scalable, cost-efficient, data availability layer secured by Bitcoin for the Bitcoin community. Nubit enables the scaling of Bitcoin's data capacities, empowering applications like Ordinals, Layer 2s, and price oracles, thus broadening the scope and efficiency of the Bitcoin ecosystem.

Nubit is pioneering a Bitcoin-native future, enhancing data throughput and availability services to meet the growing needs of the ecosystem. Their vision is to onboard a vast community of developers into the Bitcoin ecosystem, empowering them with scalable, secure, and decentralized tools. By fostering innovation and data freedom, Nubit is the cornerstone for building Bitcoin’s tomorrow.

Potential Use Cases

Optimized Transaction Processing: Nubit streamlines and optimizes transaction processing on the Bitcoin network, offering a more efficient and reliable data availability layer.
Enhanced Data Security: The use of staking and attestation ensures a high level of data integrity and security, mitigating risks associated with traditional data availability layers.
Interoperability Across Ecosystems: The decentralized bridge facilitates interoperability, allowing Nubit to connect seamlessly with other blockchain ecosystems, expanding its use cases.