"AI's New Frontier: Irys Launches World's Fastest Programmable Data Chain"
1min read Irys, a pioneering blockchain startup, has launched the first programmable data chain tailored for AI, featuring a native EVM execution layer and unlimited data capacity. The Irys testnet has achieved an impressive 100,000 TPS, which is 6000 times faster than Filecoin and 20 times cheaper than Arweave. This innovative L1 blockchain is designed to combine low-cost, scalable storage with EVM-compatible execution, addressing a key bottleneck in AI development.
Josh Benaron, Founder and CEO of Irys, stated, "Irys aims to enable AI to unlock entirely new applications through programmability. AI can generate unlimited digital content, and blockchain ensures that this content is verifiable and scarce. Irys is not just about storage; it enables intelligent agents to communicate, share memories, and break down isolated barriers. When agents can discover and learn from each other, they become exponentially smarter. This is just one of the application scenarios."
Irys is the first programmable L1 data chain that goes beyond existing L1 models, designed specifically for AI. By combining a low-cost storage layer with a high-performance, EVM-compatible execution layer (IrysVM), Irys achieves data programmability that no other data chain has accomplished. Built by the Bundlr team, which has successfully increased Arweave's daily transaction volume from 10,000 to 15 million and supported 98% of its activity, Irys has raised $8.9 million to date and is backed by prominent investors such as Lemniscap, Framework Ventures, and Primitive Ventures.
