To understand the true limits of a project, one often needs to look at the founder's background and vision.
Josh Benaron is only 23 years old, yet he is already a "veteran" in the data infrastructure field. The Bundlr he previously founded handled over 95% (even close to 98% at one point) of the transaction volume on the Arweave network, helping Arweave push daily transactions from tens of thousands to millions, which is a solid proof of execution.
However, he did not rest on his laurels, but chose to shut down a very successful product to start anew. This dedication to a long-term vision is quite rare in the crypto industry.
Irys is not just a simple iteration or patch of Bundlr; it is a complete reconstruction based on first principles. Josh recognized early on the systemic bottlenecks that existing storage solutions would face when scaling to millions of transactions per day or more—specifically, the long-term disconnection between storage and computation/execution. Therefore, Irys has aimed to natively address this pain point from its design inception.
The project attracted over 300 teams and projects during its testing phase for real stress testing, which itself speaks volumes. More importantly, Josh and his team's credibility led institutions like Mira and DeSci to clearly state their intention to integrate and support before the mainnet officially launched.
When a founder who has already proven themselves, backed by successful cases, chooses to start from scratch, it usually means they are targeting the most core and challenging issues in the industry for the next 5–10 years—making on-chain data as accessible as utilities, becoming a truly "plug-and-play" infrastructure.
#Irys @iryscn