According to ChainCatcher's message, the Solana-based DEX Jupiter has announced the launch of the cross-chain network Jupnet. "When Jupiter was just starting out, we focused on aggregating liquidity on Solana, and now we are turning to the next major goal, which is to aggregate everything."
Jupnet will consist of three key components:
1. DOVE Network
DOVE stands for Decentralized Oracles, whose function is to verify and execute.
2. Omnichain Distributed Ledger Network
By creating a single decentralized trusted source among Oracles, validators, and executors, we can easily achieve the next major functionality - Jupnet can host a cross-chain distributed ledger, regardless of the number of chains, users, or transaction flows in the system.
3. Aggregated Decentralized Identity (ADI)
For Jupnet, we hope that all users and developers will no longer use wallets as the primary user experience (UX) and development experience (DX) model, but adopt a more user-friendly approach, such as an account system, and support features they are familiar with, such as multi-factor authentication (MFA) and account recovery.
