The New Social Layer 2 Solution

In a big growth within the blockchain area, CyberConnect has introduced the launch of ‘Cyber,’ a groundbreaking Layer 2 (L2) answer, crafted explicitly for the social area and poised to gasoline mass adoption of Web3. Revealed by way of a tweet, the initiative is a collaborative effort powered by EigenLayer and Optimism, and in partnership with AltLayer.

Cyber emerges as the primary modular L2 answer distinctly engineered for social engagement and widespread acceptance. It addresses the urgent want for a decentralized social framework that empowers consumer possession and redistributes the worth at present monopolized by Large Tech giants. By leveraging this new platform, Web3 goals to diversify past the dominant DeFi (Decentralized Finance) purposes, opening doorways for broader consumer inclusion.

Figuring out the Want

Present blockchain-based social networks fall wanting fostering real adoption on account of subpar consumer experiences, exorbitant fuel charges, and insufficient transaction throughput. Builders discover themselves in a decent nook, battling blockchain architectures that don’t align with social functionalities. CyberConnect’s expertise with tasks like Link3.cyber and Mocaverse, which amassed over two million customers and facilitated over 20 million transactions, underscores the unsustainable nature of present Web3 social fashions.

Cyber units itself aside by specializing in scalability whereas sustaining alignment with Ethereum by way of EigenLayer. It boasts a formidable transaction capability exceeding 100,000 per second at negligible fuel prices. The platform introduces a novel twin staking mechanism involving ETH and its native CYBER tokens, enhancing community safety and consumer engagement.

Aligning with the Optimism Superchain, Cyber pledges to offer complete social infrastructure that transcends the constraints of remoted platforms. This dedication ensures customers and builders can faucet into the expansive onchain financial system, fostering a extra inclusive and interconnected digital ecosystem.

Cyber prioritizes consumer accessibility by integrating account abstraction beneath EIP-7560, simplifying the transition from Web2 to Web3 experiences. It additional enhances safety and comfort by way of native help for EIP-7212, permitting account administration by way of passkeys or FaceID.

Fostering Financial Alternatives

Cyber is designed to create symbiotic financial environments the place builders and customers alike can thrive. Members can generate yield by way of numerous means corresponding to bridged ETH, LST, and LRT, share in protocol charges, and obtain ecosystem rewards, making a vibrant and sustainable neighborhood.

With Cyber, builders achieve entry to an enshrined social graph and CyberDB, a cost-efficient and high-performance decentralized storage service. These instruments considerably cut back the boundaries to creating and scaling social purposes, enabling a 100-fold enchancment in growth effectivity.

The Cyber Sepolia Testnet is scheduled to go reside subsequent week, marking a pivotal step in direction of the platform’s full deployment, to be overseen by AltLayer. This launch will not be merely a technical milestone however a beacon of change for the Web3 social panorama, promising a future the place social networks are extra inclusive, user-centric, and economically empowering.

Total, CyberConnect’s launch of Cyber represents a important inflection level within the evolution of Web3 social platforms. By addressing the core challenges of present blockchain-based networks and introducing revolutionary options for scalability, consumer expertise, and financial incentives, Cyber stands poised to redefine the social material of the digital age.