Odaily Planet Daily reports that JupiterDAO announced on the X platform the launch of the Omnichain network "Jupnet." It is reported that Jupnet is a full-chain network supported by the Jupiter SVM and a full-chain ledger designed to aggregate liquidity across all chains. Jupnet will consist of three key components:
- DOVE Network
DOVE stands for Decentralized Oracles, which are responsible for validation and execution. - Omnichain Distributed Ledger Network
By creating a single decentralized trusted source among oracles, validators, and executors, we can easily achieve the next major feature—Jupnet can host a full-chain distributed ledger, regardless of how many chains, users, or transaction flows are in the system. - 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 rather adopt a more user-friendly approach, such as an account system, and support familiar features like multi-factor authentication (MFA) and account recovery.