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N1 is a Layer1 blockchain designed for high-performance financial applications. Its core architecture separates settlement from execution: the settlement layer handles only data availability, proof verification, asset bridging, and necessary ordering, while the execution layer consists of multiple isolated Dedicated Compute Environments (DCEs), each with dedicated computational resources and support for multiple VMs such as TypeScript and Solidity. Applications communicate via ordered message channels. The network includes native order book, Request-for-Quote (RFQ), and margin system primitives, allowing developers to build products directly on shared financial infrastructure without building matching and clearing from scratch. The current network runs on Proton, where a curated operator batches blocks and commits them to the bridge contract, while validators monitor proposed blocks and can halt withdrawals if they detect malicious updates.
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About N1
N1, formerly Layer N, is a high-performance rollup network evolving into a dedicated Layer-1 blockchain for finance. Key milestones include the launch of Testnet V1.2, the strategic acquisition of 01.xyz to integrate a full trading stack, and the upcoming N1 2.0 upgrade (Nord Nova) with deeper liquidity, more markets, RFQ, vaults, and equities. Long-term significance lies in its full-stack approach: native orderbook, margining, and atomic composability at the protocol level, backed by investors like Founders Fund and Multicoin. The transition to N1 marks a shift from pure infrastructure to owning applications, ensuring quality, distribution, and value capture.
N1 is a high-performance rollup network founded by a team with strong technical and financial backgrounds.
Dima Romanov – Co-Founder & CEO. Studied Computer Science and Mathematics at McGill University (honours, 4.0 GPA, on leave). Previously interned at Morgan Stanley in Finance & Technology. Passionate about AI, software engineering, and entrepreneurship.
Sheheryar Parvaz – Co-Founder & CTO. Technical lead with deep expertise in blockchain infrastructure and system design. (Specific educational/career details not provided in available sources.)
David Cao – Co-Founder. Graduated from Harvard University. Brings strategic and product vision to the project.
All three are currently building N1, which focuses on on-chain finance with ultra-high throughput, sub-ms latency, and congestion-free transactions.