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What is Irys? Irys is the first L1 programmable datachain, designed to optimize data storage and execution. A datachain is a blockchain optimized for data storage, making it significantly cheaper to store onchain data than blockchains focused on smart contracts and financial use cases. Irys's data storage is highly optimised and verifiable, enabling the IrysVM to utilize on-chain data during computations. This makes Irys the first truly programmable datachain. By combining storage and execution, it significantly increases the usefulness of blockspace, enabling a wider range of web services to come on-chain that aren’t possible right now. Irys empowers developers to create and innovate like never before. With Irys, builders can eliminate dependencies, integrate efficient onchain data, and unlock new possibilities for dynamic, real-time applications—all within a unified platform.