Nektar Network
@nektarnetwork
Nektar Network introduces a multi-layer restaking solution platform on top of Ethereum, featuring a new component: Actively Validated Services (AVS). AVSs allows Ethereum's crypto-economic security to be extensible to a much wider scope of applications 🧵🐝
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Nektar Network
@nektarnetwork
1/🔒 AVS leverages the pooled security of Ethereum, enabling applications to operate under a trust model without developing independent security protocols. This integration is crucial for new or expanding platforms that want to utilize Ethereum's established security.
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Nektar Network
@nektarnetwork
2/ 🔄 AVS use cases can be: Rollups: They help process transactions outside Ethereum's mainnet and then post the data back to it.
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Nektar Network
@nektarnetwork
3/ 💻 Coprocessors: As decentralized applications grow more complex, the demand for off-chain computation increases.
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Nektar Network
@nektarnetwork
4/ 🔐 Cryptography: AVS significantly contributes to improved cryptographic functionalities within the network.
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Nektar Network
@nektarnetwork
5/ ⚔️ MEV Management: AVS helps manage MEV by mitigating issues like frontrunning.
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Nektar Network
@nektarnetwork
6/💡 Other use cases: - Decentralized Oracles - Inter-chain Security - Customizable Blockchain Services
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Nektar Network
@nektarnetwork
7/ 📖 Read the full blog post about AVSs use cases here: https://paragraph.xyz/@nektarnetwork/exploring-the-use-cases-of-the-actively-validated-services-in-the-nektar-network
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