Krypto para The Jito Foundation, behind the JTO altcoin listed on the Binance exchange, has released the code for a staking and restaking program for Solana, marking the network’s first attempt in this direction.
The move is seen as a major step forward in Solana’s restating journey.
Restaking is a theoretical concept that would allow blockchain networks to use the value of other staked assets as collateral, ensuring their integrity. The code published by Jito, which has not yet been audited, is expected to enable any protocol built on Solana to establish a mechanism that provides economic security to nearly any on-chain application or “actively verified service” (AVS).
Interestingly, Jito’s code allows users to secure AVSs using any crypto asset of their choosing. This feature differentiates Jito’s restaking approach from the approach popularized by EigenLayer on the Ethereum network, which limits collateral to ETH, select ETH derivatives, and the platform’s native EIGEN tokens.
“The flexibility and customization allowed in this architecture will be especially beneficial for AVSs, which are the most important customers of these systems,” said Lucas Bruder, who leads the Jito Network effort.
*This is not investment advice.
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Source: https://www.bitcoinsistemi.com/binancete-listeli-bu-altcoin-solanayi-bastan-asagi-degistirebilecek-gelismeyi-duyurdu/
