SSV Network X BeInCrypto AMA Session
Beincrypto Community Recently, it is a pleasure to host Alon Muroch, SSV Labs founder and key contributor SSV Networkinsightful or Meeting. As SSV celebrates its first year, Alon shares exciting developments, including the groundbreaking SSV 2.0 upgrade and the introduction of application-based applications (BAPPS). This is a review of the conference, highlighting the main gains.
One year of growth and success
SSV networks have been rapidly adopted, ensuring 2 million ETH and build More than 1,200 global distribution node Operator. Main projects Lido, Ether.fi and various communications Already utilized the Internet.
Introduction to SSV2.0: A New Era of Ethereum Security
Using SSV2.0, focus on changing from traditional points and remakes to an innovative concept Application-based (BAPP). These applications allow developers to directly utilize Ethereum’s validator set to ensure a variety of out-of-performance services.
“Essentially, if you build something important, e.g. Carapacecollaborative processors, AI proxy, bridges, data availability, etc. You should be close to Ethereum’s Safety As much as possible. This is how to create an SSV2.0 roadmap, spinning around “based on “app-based” or BAPPS.” – Aaron explained the change
How Bapps revolutionize security
SSV2.0 extends validator participation to Ethereum, enable Multi-chain verification Passed through Solanauniverse, and even Bitcoin. This approach converts validators into new asset classes, thus facilitating a more collaborative and secure ecosystem.
- Risk Expression Model (REM): It allows validators to dynamically allocate security according to the specific needs of the BAPP.
- Application chain based: A neutral application chain enables multiple L1 validators to contribute security.
- Generate opportunities: Verifiers can now choose to ensure multiple BAPPs without cutting risk, creating one Win-win model For Stakers and Developers.
Economic Transformation: SSV Tokenomics in SSV2.0
The introduction of the upcoming changes in SSV economics Three new fee categories– validator operation, BAPP security and Gasoline fee For application chains based on. This evolution will drive higher demand for SSV tokens, making it a Ultrasound (deflation) Similar to Ethereum.
“Current SSV is used to pay for running the validator on the SSV network. SSV2.0 will introduce two more fee categories (BAPP and gas fees for the chain). This is more than just three times the fee charged. Some collected fees ( In SSV) will also be burned.” – Aaron explained
Bridge multi-chain security
SSV2.0 introduces paradigm offsets, allowing blockchain validators to Collaborate to ensure critical infrastructure Love teeth and bridges. This unlocks Cross-chain security and enhance decentralization across different ecosystems.
“Imagine” Solana and Ethereum Verifiers work together to ensure a very large Oracle The service between these two chains…is an impossible cooperation today. Multi-chain validators in SSV2.0 will usher in a new era of collaboration and a very lack of security. This may even mean that Ethereum validators will ensure Solana, and Solana validators will help secure Ethereum” – Aaron illustrates the vision.
Inspire developers and ecosystem growth
The early adoption success of SSV stems from strategic incentives and partnerships. SSV road Playing a crucial role in onboarding developers, Aaron suggests Major incentive plans The development of BAPP will be launched soon:
“We have some very big plans that I can’t reveal, haha. But I think SSV DAO has done a great job in motivating developers in the early stages of SSV, which has brought us to a 2M ETH reserve. I’m confident we can copy. ” – Aaron added.
The final thought
SSV2.0 is set to Redefine blockchain security By making decentralized verification more accessible, capital efficiency and multi-chain. Introduced Bapps, REM and based on application chains Marking a huge leap in Ethereum’s security landscape.
“Based-based applications will profoundly transform the remastered market and bring an economic-based foundation that unifies Ethereum and unlocks new sources of revenue for validators.” – Aaron said.
Please stay tuned for further updates and ensure exploration SSV Network website participate!
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