JupiterDAO: Jupiter Launches Omnichain Network “Jupnet”

PANews reported on January 25 that JupiterDAO announced on the X platform that Jupiter launched the Omnichain network "Jupnet". It is reported that Jupnet is a full-chain network powered by Jupiter SVM and a full-chain ledger to aggregate the liquidity of all chains. Jupnet will consist of three key parts:

1. DOVE Network: DOVE stands for Decentralized Oracles, whose functions are verification and execution.

2. Omnichain Distributed Ledger Network: By creating a single decentralized source of trust between oracles, validators, and executors, we are able to easily achieve the next big feature - Jupnet can host a full-chain distributed ledger, no matter how many chains, users, or transactions flow in the system.

3. Aggregate Decentralized Identity (ADI): For Jupnet, we hope that all users and developers will no longer use wallets as the main user experience (UX) and development experience (DX) mode, but adopt a more friendly approach, such as an account system, and support features they are familiar with, such as multi-factor authentication (MFA) and account recovery.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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