SSV has recently unveiled SSV 2.0, a new model for “BAPPS” applications to Ethereum. The new infrastructure framework aims to enhance the safety of the network and enable the “decentralized” BAPPS to enable the ethereum basic values.
SSV network to bring “menu app” to Ethereum
SSV network Declare SSV 2.0, a working framework for the “growing ecosystegenic system” and increasing demand for mutual solutions that are operated in layer 1 (L1).
SSV Network is a fully decentralized infinite infrastructure that includes 1.9 million people ETH ETH. The stokeing network allows the distributed operation to ETHEREUM fenced using secret subscriber auditors (SSV).
According to the advertisement, the new Bootstrapping model will allow “on” “” by direct benefit from the ETHEREUM network. Approach He was appointed to “reunite fragmented liquidity while enhancing security” through the infrastructure of ETHEREUM.
Moreover, the SSV network highlighted the growth of the existing ecosystem, creating a need for a “boot solution”. He also pointed out that SSV 2.0 aims to allow developers to build on ETHEREUM L1 in a way that is in line with the original values ​​and future vision of the ecological system.
This includes a solution to many basic problems such as fragmentation and high boot costs and insufficient safety for many layers 2 (L2). The founder and CEO of SSV LABS, Alon Muroch, stated that the project can change the recovery market, create a new “upcoming” economy, and transform the economies of the network:
SSV2.0 is the largest ambition for the SSV DAO network that has been perceived at all. If it is placed in its place by DAO, this will change the recovery market deeply and will create a new existing “economy” as auditors secure the BAPPS of Tomorow directly. Each with a positive conversion of SSV economics.
A new category of decentralized applications
According to the advertisement, SSV 2.0 prepares any services or applications directly on Ethereum L1, creating a “new category of decentralized applications” that allows the resistance to do more. In addition, it aims to ensure that the BAPPS can use ETHEREUM L1 security, decentralization, and SYBIL resistance.
BAPP acquires safety directly from L1 instead of using different codes such as current recovery models, making them more aligned than ETHEREUM and not exposing ETHEREUM or their approval to successive risks. In addition, getting more safety for the cost of Bootstrapping SSV 2.0 extends beyond the traditional Bootstrapping methods by entering the first “infinite” security model, as the increasing participation enhances the entire network instead of creating a zero competition.
The new model is used as a basis for safety to provide a “joint security institution” to rid any state of use, including L2S, Oracles, Praughe-FAUDS and other things that require validation and security.
Meanwhile, auditors will be able to open the benefits by helping BAPPS BOOTSTRAP. The SSV network states that in SSV 2.0, fighters can increase their gains by choosing a safe BAPPS or offering different services, such as L2 sequences or audited obligations, for those who need it.
The team announced the development of the SVV series as the first BAPP “Supporting the coordination of the new existing economy.” The custom chain will work as a safe coordinator to enable the multiple extension of the SSV network to multiple L1S, including Solana, Avalanche and Cosmos.
In addition, SSV has revealed its symbolic changes as part of its transformation from the infrastructure distributed to the auditor’s technology (DVT) to a multi -dimensional network of the existing economy. First, SSV 2.0 will enable anyone to participate in BAPPS insurance and bonus via Staking SSV. Second, the SSV code will present new burning and drawings. “
Ethereum (ETH)'s performance in the one-week chart. Source: ETHUSDT on TradingView
Distinctive photo of Unsplash.com, Chart from Tradingview.com
