Weekly Report #14 (2024–10–05)
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:
- Utilizing a sparse Merkle tree to store user data
- Implementing various node keys to derive different TSS (Threshold Signature Scheme) and FHE (Fully Homomorphic Encryption) keys
- 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!