• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Tanssi expands capabilities to Ethereum, enabling rapid deployment of decentralized networks

user avatar

by Giorgi Kostiuk

a year ago


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

  4. 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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

The Future of Crypto: Solana and Layer Brett Take Center Stage

chest

An overview of current trends in the market, including Solana, Pump token, and the new project Layer Brett.

user avatarGiorgi Kostiuk

Crypto Markets Set for a Wave of New Assets Valued Over $790 Million

chest

From September 15 to 22, crypto markets will unlock over $790 million in tokens from major projects including Solana and Dogecoin.

user avatarGiorgi Kostiuk

Gemini and SEC Reach Preliminary Settlement on Gemini Earn Case

chest

Gemini and SEC have reached a preliminary agreement regarding the Gemini Earn program lawsuit, which may bolster investor confidence.

user avatarGiorgi Kostiuk

Cardano: Price Forecast and Investment Appeal of LBRETT

chest

Exploring Cardano price forecasts and growing interest in LBRETT, along with the significance of these movements for future projects.

user avatarGiorgi Kostiuk

Top New Meme Coins for Investment: BullZilla, Mog Coin, and Snek

chest

An overview of three new meme coins: BullZilla, Mog Coin, and Snek, focusing on their key features and current data.

user avatarGiorgi Kostiuk

US Military Strike on Venezuelan Vessel Results in Three Deaths

chest

The US military struck a Venezuelan vessel linked to drug trafficking, resulting in three fatalities, according to Donald Trump.

user avatarGiorgi Kostiuk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.