BlockBeats reported that on January 25, the decentralized exchange (DEX) Jupiter on the Solana blockchain announced the launch of Jupnet, a full-chain network powered by Jupiter SVM and a comprehensive ledger, aggregating all on-chain liquidity. "When Jupiter first started, we focused on aggregating liquidity on Solana, and now we are turning to our next major goal, aggregating everything."
Jupnet will consist of three key components:
1. DOVE Network
DOVE stands for Decentralized Oracles, which serve the purpose of validation and execution.
2. Omnichain Distributed Ledger Network
By creating a single decentralized trusted source among oracles, validators, and executors, we can easily achieve the next significant feature—Jupnet can host a full-chain distributed ledger, regardless of how many chains, users, or transaction flows are present 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 developer experience (DX) model but adopt a more user-friendly approach, such as an account system, while supporting familiar features like multi-factor authentication (MFA) and account recovery.