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News from
the team.

Deep dives, design notes, and progress updates. We publish what we ship and what we're still working on.

May 2026Update

Mainnet hardening: where we are.

Twelve weeks into the audit. Most findings are mitigations, not redesigns. Here's what changed under the hood and why it doesn't change the published spec.

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May 2026Strategy

Why Colombia first.

We could have gone anywhere. Colombia is where the friction is real, the diaspora corridor is concentrated, and merchants are ready to test something better than what they have now.

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Apr 2026Technical

What Proof-of-Bandwidth actually proves.

Stake-only consensus rewards capital. PoB rewards capacity. We walk through the six-step anti-spoofing pipeline and the failure modes it catches before they ever reach the chain.

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Apr 2026Economics

How NEX backs every Lumero.

Algorithmic stables die in correlated drawdowns. Hard-backed instruments don't. The 1.5× coverage rule, where it's enforced in the protocol, and what would have to break for it to fail.

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Mar 2026Technical

Sub-second finality, under the hood.

Block-lattice + stake-weighted quorum BFT. Why finality is bounded by network round-trip, not block time, and what that means for merchants at point-of-sale.

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Mar 2026Concept

Single-asset money does two jobs at once. It does neither well.

Why Bitcoin is a great reserve and a bad payment rail. Why USDC is a great payment rail and a bad reserve. Why splitting them is the only way to get both.

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Feb 2026Update

Devnet retired. Testnet live.

Devnet served its purpose. Testnet runs the full PoB pipeline with public validators. Faucet, explorer, status page, and docs are open today.

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