Introduction
Ethereum's Statenet
Layer N is an Ethereum StateNet—A novel L2 designed as a network of custom VMs, called XVMs ↗, powered by a shared communication and liquidity layer.
Layer N is designed to expand what's possible to build on-chain by maximizing performance and UX, while enabling seamless communication, liquidity sharing, and composability between applications and XVMs, without withdrawal periods and bridging risks.
Developers can build applications on Layer N either by building an XVM ↗ or on the public N-EVM ↗ instance. Developers benefit from ultra low execution latencies, higher throughput, negliable transaction fees, and full composability and shared liquidity between all XVMs.