BlockBeats news, on January 29th, according to official sources, Irys launched the first programmable data chain tailored for AI, with a local EVM execution layer and unlimited data capacity. Irys testnet reached 100000 TPS, 6000 times faster than Filecoin and 20 times cheaper than Arweave. Irys announced the launch of its programmable data chain test network, which is the first L1 blockchain designed to combine low-cost, scalable storage with EVM compatible execution, aiming to address key bottlenecks in AI.
Josh Benaron, founder and CEO of Irys, stated that Irys aims to enable AI to achieve new application scenarios through programmability. AI can generate infinite digital content, while blockchain ensures that this content is verifiable and scarce. Irys is not just about storage, it allows intelligent agents to communicate with each other, share memories, and break down barriers of isolation. When contemporary scientists are able to 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 link, surpassing existing L1 models and 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 link has ever achieved. Irys was created by the Bundlr team, which successfully increased Arweave's daily trading volume from 10000 to 15 million and supported 98% of its activities. Irys has raised $8.9 million to date, with support from Lemniscap, Framework Ventures, Primitive Ventures, and others.
