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Tanssi Expansion Enables Quick Network Launches on Ethereum

Aug 22, 2024
  1. Introduction
  2. Innovations and Advantages
  3. Prospects and Quotes

The Tanssi Foundation has announced the expansion of the Tanssi protocol to Ethereum, allowing the rapid launch of decentralized networks (AVSs). This technology implementation was made possible through a partnership with Symbiotic, a leading restaking protocol.

Introduction

While rollups are crucial for scaling Ethereum, they might not always meet the needs for strong decentralization, customization, or interoperability. Decentralized networks (AVSs) address these factors by allowing flexible access to Ethereum's shared security through restaking, although these networks require significant resources and time to launch.

Innovations and Advantages

Tanssi simplifies the network launch process, reducing the time from months to minutes and easing management. Integration with Symbiotic's restaking protocol allows networks on Ethereum to tap into billions of dollars in staked ETH security, promoting decentralization and reducing reliance on a single source.

Tanssi provides developers in the Symbiotic ecosystem with an easy-to-use interface to one of the most sophisticated and battle-tested blockchain development stacks. By integrating with Symbiotic’s shared security protocol, projects using Tanssi can tap into Ethereum’s liquidity and launch an appchain with restaking functionality in minutes.Felix Lutsch, Head of Ecosystem at Symbiotic

Prospects and Quotes

This collaboration also opens new opportunities for developers by integrating Substrate's flexible SDK for complete customization. Tanssi's system aids in quickly implementing AVSs using prebuilt templates and modules. These networks support diversified blockchain protocols and provide tools for use cases that traditional rollup architectures may not effectively serve.

Decentralized networks, also known as Actively Validated Services (AVSs), offer new possibilities for applications that don’t fit within the rollup model. Tanssi changes the game by providing a fully customizable, decentralized environment where developers can launch Ethereum-based networks in minutes. We expect Tanssi to catalyze growth in Ethereum’s restaking security market, making decentralization and accessibility easier than ever.Francisco Agosti, Tanssi Co-founder

Supported by investors including Arrington Capital and Fenbushi, Tanssi has already raised $9M for its growth. Over 2,000 application-specific blockchains have been deployed on its testnet, with a mainnet launch expected in early 2025.

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