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Tanssi protocol expansion to Ethereum accelerates launch of decentralized networks

Aug 22, 2024
  1. Tanssi Protocol Expansion
  2. Advantages of Symbiotic Integration
  3. Future of Decentralized Networks on Ethereum

Tanssi Foundation announces the expansion of the Tanssi protocol to Ethereum, enabling the rapid launch of decentralized networks (AVS) in minutes. This expansion is driven by a strategic collaboration with Symbiotic, a leading restaking protocol.

Tanssi Protocol Expansion

The expansion of the Tanssi protocol to Ethereum enables developers to create highly customizable and decentralized networks leveraging Ethereum’s robust security. Tanssi simplifies the process, reducing launch times from months to minutes and streamlining network management.

Advantages of Symbiotic Integration

Integration with Symbiotic allows networks on Ethereum to tap into billions of dollars in shared security from staked ETH. This enhances decentralization by providing a permissionless network of operators for block production, ensuring fast transaction finality. > > “Tanssi is providing 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,” says Felix Lutsch, Head of Ecosystem at Symbiotic. >

Future of Decentralized Networks on Ethereum

Tanssi introduces new possibilities for developers through the integration of Substrate’s flexible SDK, allowing complete customization of AVS. This includes application-specific blockchains, alternative VMs, bridges, data availability layers, and more. Tanssi is expected to catalyze growth in Ethereum’s restaking security market, making decentralization and accessibility easier. > > Francisco Agosti, Tanssi Co-founder, says, “Decentralized networks, also known as Actively Validated Services (AVS), 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." >

Supported by investors like Arrington Capital, SNZ, HashKey, Borderless, and Fenbushi, Tanssi has raised $9M to fuel its growth. With over 2,000 application-specific blockchains already deployed on its testnet, Tanssi is set to establish a new standard in the Ethereum ecosystem, with its mainnet launch expected in early 2025.

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