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#Irys has welcomed a major update, recently the official announced the optimization of its Hybrid Consensus mechanism (PoW+PoS)
This means that storage costs are reduced by at least about 70% compared to traditional blockchains, verification time is shortened to an average of 2 seconds, and security is improved by 15%.
The introduction of IrysVM has increased data computation efficiency by 30%, accelerating the expansion of data programmability.
As the first programmable data chain, continuously building collaborative operations for AI, currently
also reached strategic cooperation with several AI startups
In the third quarter of 2025, over 100 smart contract projects have been launched, with a total locked value (TVL) reaching $500 million, monthly active users surpassing 500,000, and total data storage reaching 10PB, reflecting a year-on-year growth of 120%, highlighting its strong growth in the decentralized storage market.
The project team will soon implement cross-chain operations with Solana and Ethereum in 2026, targeting a daily trading volume of 100 million transactions.
#Irys is reshaping the blockchain data ecosystem, and the potential is worth looking forward to.
@KaitoAI @irys_xyz @josh_benaron
#Irys #KaitoYap Yap