"Jupiter Unveils Jupnet: A Full-Chain Network for Massive User and Token Aggregation"

Coin WorldFriday, Feb 14, 2025 10:51 am ET
1min read

Jupiter Genesis, the co-founder of Jupiter, recently announced that the company is developing a full-chain network called Jupnet, aiming to aggregate a vast number of users and tokens. The project requires a cross-chain single source of truth, a full-chain ledger, and a fully on-chain identity system to achieve its goals.

To address the challenge of a cross-chain single source of truth, Jupiter is introducing DOVE, a decentralized oracle for validation and execution. DOVE will enable a decentralized full-chain ledger and dynamic finality. Additionally, a fully on-chain identity system will support traditional identity verification methods, including social login and keys, as well as the ability to generate recovery keys when needed.

Jupiter Genesis expects to provide a technical preview and detailed technical overview of Jupnet in early April. The company is currently working to overcome various technical challenges and important design issues to make this ambitious project a reality.