Weekly Report #14 (2024–10–05)

Verisense Network
1 min readOct 7, 2024

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Last week, we analyzed the tasks for Milestone 2 and began designing the decentralized forum. This forum consists of three key components: an AVS for storing immutable thread data, a forkable indexer responsible for handling complex relational data, and an internal decentralized AI agent that functions as a blog poster.

Additionally, we created a 10-minute development tutorial in our documentation, which can be found in the developer guide.

The focus of Milestone 2 will be on implementing the Monadring protocol. Based on our internal discussions, the key details are as follows:

  1. Utilizing a sparse Merkle tree to store user data
  2. Implementing various node keys to derive different TSS (Threshold Signature Scheme) and FHE (Fully Homomorphic Encryption) keys
  3. Integrating with Symbiotic and Karak

By focusing on demand-side innovation and addressing the unique needs of AVS applications, Verisense Network is pioneering a more sustainable and effective restaking ecosystem. This approach not only ensures the long-term viability of restaking but also unlocks the full potential of pooled security, driving the next wave of blockchain innovation.

Follow us on Twitter at @veri_sense and stay tuned for more updates!

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Verisense Network
Verisense Network

Written by Verisense Network

The world’s first FHE-enabled VaaS (Validation-as-a-Service) module. Plug and play with any restaking protocols. Untap the AVS demand.

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