Layer 2 scaling solution Nahmii recently announced its first verifiers are running full nodes on Nahmii’s network.
Last month’s Nahmii 2.0 mainnet launch marked was a milestone for Ethereum’s future of scalable, user-friendly, and secure applications, the company said. Verifiers, including DARMA Capital, Delta Blockchain Fund, CMT Digital and Foundry Digital bring security to the network, they added.
These verifiers play a crucial role in ensuring all transactions are executed honestly and transparently. Like all Layer 2 Ethereum scaling solutions, Nahmii’s network activity runs through a central operator. Each verifier runs a read-only node that will have a real-time record of everything that is happening at the network at all times. These verifiers will be responsible for verifying user transactions and ensuring the operator is not withholding any data. This brings security to the network, which is already known for its transaction finality speed.
“Nahmii’s dual commitment to transaction speeds and security is what drew us to become involved in the network,” said Kavita Gupta of Delta Blockchain Fund. “We are excited to be a part of this verifier model that will secure the network against fraud, while allowing the Nahmii Operator to confirm transactions instantly.”
“Unlike other Ethereum scaling solutions, Nahmii is enabling a verifier model that will allow for real checks and balances against its operator,” said Andrew Keys of DARMA Capital. “We are proud to be a part of that verifier network.”
“Nahmii is designed to bring true scalability to Ethereum, with a core ethos of transparency and reliability. Our verifier partners are essential to that transparency and reliability,” added Nahmii CEO Jacobo Toll-Messia.
As the network grows, verifier operations will continue to evolve, and staking features and other incentive mechanisms will be introduced over time. The current verifier participation is limited to a subset of strategic partners; eventually, anyone will be able to run their verifier node and earn rewards for keeping the network honest.
Nahmii was designed to support high-volume usage in a way that enables lquick speeds and instantaneous transaction finality – all while ensuring low and predictable fees. The network’s verifiers make all of this possible within a secure and stable environment.
It provides throughput, low latency, instant finality and predictable fees and is also capable of addressing institutional use cases by enabling developers to comply with KYC/AML and other regulatory requirements on demand. It comes with a complete suite of development tools and is fully compatible with the Ethereum Virtual Machine.