{"id":2788,"date":"2023-08-07T14:00:35","date_gmt":"2023-08-07T14:00:35","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=2788"},"modified":"2023-08-07T11:16:00","modified_gmt":"2023-08-07T11:16:00","slug":"what-is-nautilus-chain","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/what-is-nautilus-chain\/","title":{"rendered":"What Is Nautilus Chain?"},"content":{"rendered":"<p>Nautilus Chain is a blockchain initiative that aims to integrate Web3 technology into the real world and develop the future of blockchain-based payments. The project has received funding from <strong>Coinbase Ventures<\/strong> and <strong>OKX Ventures<\/strong> while it is still in the testnet stage.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/what-is-nautilus-chain\/#What_Is_Nautilus_Chain\" title=\"What Is Nautilus Chain ?\">What Is Nautilus Chain ?<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/what-is-nautilus-chain\/#What_are_the_benefits_of_Nautilus_Chain\" title=\"What are the benefits of Nautilus Chain?\">What are the benefits of Nautilus Chain?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinengineer.net\/blog\/what-is-nautilus-chain\/#Nautilus_Chains_Investors\" title=\"Nautilus Chain&#8217;s Investors\u00a0\">Nautilus Chain&#8217;s Investors\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/coinengineer.net\/blog\/what-is-nautilus-chain\/#Nautilus_Ecosystem\" title=\"Nautilus Ecosystem\">Nautilus Ecosystem<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"What_Is_Nautilus_Chain\"><\/span><strong>What Is Nautilus Chain ?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>Nautilus Chain is an<strong> EVM<\/strong> (Ethereum Virtual Machine) scalability solution based on <strong>Vitalik Buterin<\/strong>&#8216;s L3 vision. It seeks to combine the speed of Solana with the dependability and functionality of <strong>Ethereum<\/strong>, making it the fastest EVM environment on Web3.<\/div>\n<div>\n<div class=\"group w-full text-gray-800 dark:text-gray-100 border-b border-black\/10 dark:border-gray-900\/50 bg-gray-50 dark:bg-[#444654]\">\n<div class=\"flex p-4 gap-4 text-base md:gap-6 md:max-w-2xl lg:max-w-[38rem] xl:max-w-3xl md:py-6 lg:px-0 m-auto\">\n<div class=\"relative flex w-[calc(100%-50px)] flex-col gap-1 md:gap-3 lg:w-[calc(100%-115px)]\">\n<div class=\"flex flex-grow flex-col gap-3\">\n<div class=\"min-h-[20px] flex items-start overflow-x-auto whitespace-pre-wrap break-words\">\n<div class=\"markdown prose w-full break-words dark:prose-invert light\">\n<p>Nautilus currently runs its execution layer on Neon EVM and Solidity smart contracts, while it develops its settlement layer on top of the Solana node.<\/p>\n<p>The initiative seeks to bring together more than 80 projects during the mainnet upgrade while it is still in the testnet stage. On the testnet network, it has so far handled more over <strong>40 million<\/strong> transactions successfully.<\/p>\n<blockquote><p>You might like: <a href=\"https:\/\/coinengineer.net\/blog\/what-is-sei-network-2\/\"><strong>What is Sei Network? Will Be Airdrop?<\/strong><\/a><\/p><\/blockquote>\n<h2><span class=\"ez-toc-section\" id=\"What_are_the_benefits_of_Nautilus_Chain\"><\/span><strong>What are the benefits of Nautilus Chain?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>\u22c5 High Efficiency<\/strong><\/p>\n<p>Nautilus will initially have a transaction rate of 2,000 transactions per second.<\/p>\n<p><strong>\u22c5 Developer-Friendly<\/strong><\/p>\n<p>It enables developers to build high-performance applications in the EVM environment using Solidity, known as the WEB3 language.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Nautilus_Chains_Investors\"><\/span><strong>Nautilus Chain&#8217;s Investors\u00a0<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Among its investors are Coinbase Ventures, OKX Ventures, Gemini, and CIRCLE, among many other major investors.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/miro.medium.com\/v2\/resize:fit:1400\/0*F8IPi5kahaQcjkbe\" alt=\"The First L3\u2013Nautilus Chain. The groundbreaking advantages offered\u2026 | by Nautilus | Medium\" \/><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Nautilus_Ecosystem\"><\/span><strong>Nautilus Ecosystem<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The Nautilus ecosystem consists of numerous applications and projects designed for use in various sectors. Some of the Nautilus Chain ecosystem projects include:<\/p>\n<p><strong>\u22c5 Melos Studio<\/strong><\/p>\n<p>Melos is a Music <strong>NFT Marketplace.<\/strong><\/p>\n<p><strong>\u22c5 Fabwelt<\/strong><\/p>\n<p>Fabwelt aims to create a top-tier gaming ecosystem.<\/p>\n<p><strong>\u22c5 Multichain<\/strong><\/p>\n<p>MultiChain aims to assist organizations in rapidly building and deploying<strong> blockchain<\/strong> applications.<\/p>\n<p><strong>\u22c5 Poly Network<\/strong><\/p>\n<p>Poly Network is a global cross-chain protocol that aims to implement blockchain interoperability and build <strong>Web3.0<\/strong> infrastructure.<\/p>\n<p><strong>\u22c5 SEER<\/strong><\/p>\n<p>Seer is a protocol targeting the high operating costs and low efficiency of Web3 community operators.<\/p>\n<p>The project is a high-performance modular blockchain that offers safe, reliable, high-speed, low-cost transaction processing for real-world <strong>DeFi<\/strong> and Web3 applications. The project is currently in the testnet phase and intends to switch to its mainnet in the future.<\/p>\n<hr \/>\n<p>Feel free to share your opinions in the comment section, and make sure to follow us on <a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"noopener\"><strong>Twitter<\/strong><\/a>, <a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noopener\"><strong>Telegram<\/strong><\/a>, and <a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noopener\"><strong>YouTube<\/strong><\/a> for more updates.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Nautilus Chain is a blockchain initiative that aims to integrate Web3 technology into the real world and develop the future of blockchain-based payments. The project has received funding from Coinbase Ventures and OKX Ventures while it is still in the testnet stage. What Is Nautilus Chain ? Nautilus Chain is an EVM (Ethereum Virtual Machine)<\/p>\n","protected":false},"author":2,"featured_media":2800,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,5],"tags":[804,803,805,809,806,810,807,808],"class_list":["post-2788","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin-projects","category-project-review","tag-craftd-london-nautilus-chain","tag-nautilus-chain","tag-nautilus-chain-airdrop","tag-nautilus-chain-coin","tag-nautilus-chain-funding","tag-nautilus-chain-mainnet","tag-nautilus-chain-testnet","tag-nautilus-chain-token"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What Is Nautilus Chain? - Coin Engineer<\/title>\n<meta name=\"description\" content=\"Nautilus Chain: Integrating Web3 into real-world for blockchain-based payments. 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