Opinion: Alon Morrush, founder
Although Ethereum is still pioneering in terms of closed total value (TVL), things do not look great. Network activity is bleeding, and momentum slip. Ethereum is closed in a battle for its future. Without a meaningful change, Ethereum risk becomes possible to access it for builders and users who need prosperity. ETHEREUM needs new ideas to support the ecological system of stagnation, unification, and support real innovation.
Enter the BAPPS applications, which are any application or service that uses the specified ETHEREUM authenticity for safety. Inspired by the existing movement, the BAPPS enables any project directly to the ETHEREUM 1 (L1) layer, allowing a developmentable, developmentable and cost -effective development process.
High risks and high costs
The recent decline in the network activity highlights a deep problem via ETHEREUM, and is summarized in UX. The race to expand Blockchain is not only related to TVL and TPS transactions (TPS). It comes to the experience of users and developers who have participated in creating the ecosystem. Ease of development and ecosystems of development and inter -operating applications are crucial. Improving the developer’s experience is necessary to improve the user experience, which drives adoption.
Today, two options are offered. The first and most popular is the recovery, which has become the virtual mechanism for new services by locking the keys to withdrawing auditors or large amounts of capital for safety. This leaves the difference with only one uncomfortable alternative: self -covered. Creating a set of health from the zero point is heavy for resources and technically complicated and often starts central. Both options limit the builders and do not stem the retail problems that we see today in Ethereum.
Not only builders, but auditors are affected by this system. In preparing the current recovery, auditors who want to get more return by supporting new services must be held, closing their withdrawal keys, and additional risks. By locking clouds to secure requests with anxious capital, auditors are exposed to consecutive risks, which, on a large scale, can affect the ETHEREUM itself – a basic exit from the institutional vision of Ethereum.
Bapps is safer
BAPPS provides a third option that can be accessed more for self -step and relax. Using the minimal security infrastructure reduces the entry barriers of any size protocol to build safely and sustainable, all while maintaining the effects of the traditional network of the ether. Investigators are motivated to join through risk -free yield opportunities; Developers can access security in construction; Users benefit from a unified and operating ecosystem.
recently: SSV for ETHEREUM Applications
Important services such as rollups, bridges and leaves do not need to invent the wheel. It is simply connecting a reliable security model. Using Ethereum endorsing as a basic safety base, any outside protein service can inherit decentralization in Ethereum L1 and resist SYBIL. It is also possible to extend this model beyond Ethereum, allowing other L1 stature to secure BAPPS. This is likely to turn BAPPS into a multi -security security market, which greatly reduces the complexity (and the cost) of the developers and raises the tape of the entire ecosystem, providing a “existing” path forward.
Bapps enables auditors to earn more with their current share. By using the principle of the auditor in the first place as an inaccurate safety, fighters can choose many services through the role of the current ETHEREUM auditor without the need to recover or provide additional risks. This would encourage the participation of the broader auditor, especially from the smaller operators or more than risk, which is excellent given that the Solo Sakers are an important environmental system column.
BAPPS opens the expansion susceptibility
BAPPS also revolutionizes a revolution in the current ecological system of ETHEREUM, which is largely dependent on the capitalist capital. In recovery, the gain of one of the participants may directly correspond to the loss of the other, which leads to the creation of a zero model. Building a competitive dynamic where the participants must add or re -allocate resources instead of sharing them, and thus work against new expatriates by creating competition for attention and limited resources.
On the contrary, the economy based on the promotion of unlimited game, which transforms competition for resources into a synergy environment as the new applications, services and participants increase the total value of the platform. Each new interest increases the safety of BAPPS, and every BAPP provides new chances for the fighters. This infinitely developed model explodes from the zero model restrictions, allowing smooth preparation, equivalent innovation and building more secure, comprehensive and flexible environmental systems.
Unification of the echerum ecological system
In order for Ethereum to grow, the fragmentation must be treated. Penins need building blocks, which need to be safe, low -cost, operating and communicating. Think about what the cloud computing of Web2 did. BAPPS offers that completely-by offering an unlimited game, it opens the expansion capacity and provides a safe way at reasonable prices to pave the ETHEREUM proving network.
If Ethereum is the basis of the decentralized tomorrow’s world, he must enable today’s builders. The road forward is to solve the problem of Ethereum user experience and developer with an infrastructure based on. Continuing is a clear solution.
Opinion: Alon Morach, founder of SSV laboratories.
This article is intended for general information purposes and does not aim to be and should not be considered legal or investment advice. The opinions, ideas and opinions expressed here are alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.
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