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#Irys has received a major update, and recently the official announcement revealed optimizations to its Hybrid Consensus (PoW+PoS).
This means that storage costs are reduced by at least 70% compared to traditional blockchains, verification times are shortened to an average of 2 seconds, and security is increased by 15%.
The introduction of IrysVM has improved data computation efficiency by 30%, accelerating the expansion of data programmability.
As the first programmable data chain, continuously building AI's collaborative operations, currently
Also reached strategic cooperation with multiple 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 exceeding 500,000, and total data storage reaching 10PB, representing a year-on-year growth of 120%, reflecting its strong growth in the decentralized storage market.
The project team will soon achieve cross-chain operations with Sol and Ethereum in 2026, aiming for a daily trading volume of 100 million transactions.
#Irys is reshaping the blockchain data ecosystem, and its potential is worth looking forward to.
Just a reminder, as a storage-type project, the recent Chinese official Twitter @cn_irys_xyz is organizing a custom storage device event, you can participate.
@KaitoAI @irys_xyz @josh_benaron
#Irys #KaitoYap Yap