Tanssi and Symbiotic collaborate to streamline Ethereum blockchain infrastructure, reducing launch times significantly

From Investing.com

August 22, 2024 09:30 AM:

Tanssi Foundation and Symbiotic collaborate to expand blockchain infrastructure on Ethereum, enabling the rapid launch of decentralized networks in minutes. Tanssi simplifies and streamlines the process, reducing launch times from months to minutes, providing shared security through restaking for enhanced decentralization and faster time to market.

AVSs build on Ethereum strengths, offering developers highly customizable and decentralized networks with direct access to over $45 billion worth of ETH for shared security. Tanssi’s collaboration with Symbiotic introduces new possibilities for developers to tap into Ethereum’s liquidity and launch appchains with restaking functionality in minutes, changing the game for decentralized applications.

Tanssi-based AVSs leverage Ethereum’s shared security to create customized protocols, including application-specific blockchains, alternative VMs, bridges, and more, addressing use cases traditional rollup architectures may not serve effectively. With over 2,000 application-specific blockchains deployed on its testnet and $9M raised from investors, Tanssi is poised to set a new standard in the Ethereum ecosystem.

Read more at Barchart: Tanssi and Symbiotic Set New Ethereum Standard By Chainwire