Ethereum

Symbiotic

Felix

Foundation

Cayman Islands, UK, August 22nd, 2024, Chainwire 
<a href="https://www.tanssi.foundation/" rel="noopener noreferrer nofollow" target="_blank">Tanssi Foundation</a> announces the expansion of the <a href="https://www.tanssi.network/" rel="noopener noreferrer nofollow" target="_blank">Tanssi blockchain infrastructure protocol</a> to Ethereum, enabling the rapid launch of decentralized networks—also known as Actively Validated Services (AVSs)—in minutes. This expansion, driven by a strategic collaboration with <a href="https://symbiotic.fi/" rel="noopener noreferrer nofollow" target="_blank">Symbiotic</a>, a leading permissionless restaking protocol, will allow developers to deploy highly customizable and decentralized networks, leveraging Ethereum’s robust security.
While rollups have been key to scaling Ethereum, they may fall short when strong decentralization, customization, or interoperability are needed. Decentralized networks, or AVSs, build on these strengths by providing a more flexible and versatile approach. Developers gain direct access to Ethereum’s shared security through restaking, backed by over $45 billion worth of ETH. However, networks using restaking security are still a new and complex technology, typically requiring months to launch due to significant infrastructure needs, ongoing management, and resource demands.
Tanssi drastically simplifies this process, reducing launch times from months to minutes and streamlining management, making it easier for builders to deploy and maintain their decentralized networks in a customizable environment. This approach not only eases the development process but also accelerates time to market, allowing projects to reach their users faster.
By leveraging Symbiotic's restaking protocol, Tanssi enables networks on Ethereum to easily tap into billions of dollars in shared security from staked ETH. This approach enhances decentralization by providing a permissionless network of shared operators for block production, ensuring fast transaction finality and avoiding reliance on a single sequencer.
<blockquote>
 “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.
</blockquote>
This collaboration also introduces new possibilities for developers by integrating Substrate’s flexible SDK for complete customization. With Tanssi's framework, developers can quickly implement AVSs using prebuilt templates and modules, achieving full decentralization without relying on a single sequencer.
Tanssi-based AVSs are blockchain systems that leverage Ethereum’s shared security, enabling developers to create highly customized protocols. This includes application-specific blockchains, alternative VMs, bridges, data availability layers, and more, providing developers with the tools to address use cases that traditional rollup architectures may not effectively serve.
<blockquote>
 Francisco Agosti, Tanssi Co-founder, says, "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."
</blockquote>
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.
<h2 id="about-tanssi-network">About Tanssi Network</h2>
<a href="https://www.tanssi.network/" rel="noopener noreferrer nofollow" target="_blank">Tanssi</a> empowers developers to launch decentralized and customizable blockchains in minutes. With essential tools and resources—including shared security through restaking, developer tools like wallets and block explorers, cross-chain integrations, and integral data availability—developers can swiftly bring their projects to market and focus on creating unique user experiences. Tanssi stands out with its rapid deployment, robust security, and seamless integration capabilities, making it the smart choice for forward-thinking blockchain development. Learn more at <a href="https://www.tanssi.network/" rel="noopener noreferrer nofollow" target="_blank">tanssi.network</a>.
<h2 id="about-symbiotic">About Symbiotic</h2>
Decentralization should not be hard nor optional. Symbiotic is a customizable and immutable shared security protocol designed to help developers innovate faster and safer. Learn more at <a href="http://symbiotic.fi" rel="noopener noreferrer nofollow" target="_blank">symbiotic.fi</a>. 
<h5>Contact</h5>CEO Thiago Rudiger Tanssi Foundation thiago@tanssi.foundation 
Disclaimer. This is a paid press release. CoinMarketCap does not recommend that any cryptocurrency (bitcoin, ethereum, custom asset) should be bought, sold or held. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.

Launch a Network with Restaked Security in Minutes: Tanssi and Symbiotic Set New Ethereum Standard (22 Aug)

Table of Contents

Chainwire

Other articles published on Aug 22, 2024

Partner of ex-FTX exec hit with campaign finance charges

Brazil Approves Second Solana ETF While U.S. Approval Remains Uncertain

Compliance Can Ensure Adoption of Reasonable Crypto Regulations in the US

Top Tap-to-Earn Games to Play in 2024

Hamster Kombat Rejects VC Proposals to Ensure Fair Play for Users: Report

Only 3% of traders on Pump.Fun have made more than $1000

Join our free newsletter for daily crypto updates!