Jupiter launches Omnichain network "Jupnet"
According to a post by JupiterDAO on platform X, Jupiter has launched the Omnichain network "Jupnet". It is reported that Jupnet is an omnichain network and an omnichain ledger supported by Jupiter SVM, used for aggregating liquidity from all chains. Reportedly, Jupnet will consist of three key parts:
1. DOVE Network
DOVE stands for Decentralized Oracles, which are responsible for verification and execution.
2. Omnichain Distributed Ledger Network
By creating a single decentralized trustworthy source among oracles, validators, and executors, we can easily achieve the next major function - Jupnet can host an omnichain distributed ledger regardless of how many chains, users or transaction flows there are in the system.
3. Aggregated Decentralized Identity (ADI)
For Jupnet, we want all users and developers to no longer use wallets as their main user experience (UX) and development experience (DX) mode but adopt more friendly methods such as account systems while supporting familiar features like multi-factor authentication (MFA) and account recovery.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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