CyberConnect's transformation from a protocol to a new branded chain will clearly have a "gain" effect.
Author: Haotian
How do you view the protocol upgrade of @BuildOnCyber to focus on social layer2 public chain - Cyber? After completing a series of Staking and Restaking community incentive activities, CyberConnect's new social public chain, built on OP Stack, has officially launched. What potential impact will the new chain Cyber bring? Next, I will briefly share my thoughts:
1) Social blockbuster applications, especially phenomenon-level SocialFI, have always been sought after by major chains. How to build popular social applications and when they will appear seems to be a random "emergence" event, and even if they suddenly become popular, they are difficult to escape the curse of a short lifecycle. In my opinion, this is due to the past development of social applications. Either they undergo a complete transformation at the communication protocol layer like Farcaster and Lens, relying on the integration of applications with other chains and applications; or they rely solely on applications and community drive, and ultimately fail to sustain due to the burden of economic models, as seen with Friendtech, Degen, and others.
Perhaps a dedicated social chain that focuses on user experience for consumers and incentivizes developers to build social applications for businesses is the best solution to foster popular social applications?
2) Cyber quickly enters the field of layer2 to create a dedicated social chain, drawing on various strengths in its technical architecture:
- Choosing to build on OP Stack and joining the super-chain family of Optimism, rapid chain launching is a manifestation, but more importantly, it can connect resources behind the OP Stack alliance, sharing users and liquidity (potential airdrops);
- Based on Altlayer's RaaS service, it achieves flexible integration of DA data availability outside of Ethereum, significantly reducing application construction and operation costs in the early stages;
In addition, Cyber's own CyberConnect protocol social graph, CyberDB decentralized storage solution, account abstraction (AA), Passkey, WebAuth and other identity authentication methods, as well as Paymaster Gas proxy payment, are all beneficial for attracting developers to develop applications. The key is that a social chain must have a low user entry threshold and optimized product usage experience. When the chain becomes the unified entry layer, the original unified decentralized identity (DID) mechanism of CyberConnect will be magnified to become a strong label for its social entry.
3) The reason why Cyber wants to upgrade from a decentralized social protocol to a chain is essentially to further gather a wider range of resources at the underlying level of the chain, such as: when it finally upgrades to EigenDA, the new Cyber chain will have continuous asset gains in Staking and Restaking.
Not only does it adopt AVS's secure consensus layer, but it also introduces a re-staking mechanism, introducing LRT assets such as ETH, stETH, ezETH, pufETH for the Cyber chain. It realizes the story told by Eigenlayer as a practical use case, and at the same time, through the dual-staking model, it creates a new application scenario for CYBER Token to maintain the chain's security consensus, effectively upgrading the token model.
In conclusion, CyberConnect's transformation from a protocol to a new branded chain will clearly have a "gain" effect.
Although the impression of a "social chain" may ultimately depend on the birth of several phenomenon-level social applications to deepen, the imagination space for short-term resource aggregation narratives, through Cyber's linkage with OP Stack super-chain, Eigenlayer AVS re-staking model, and the depiction of a new entry layer story for its Cyber DID, will also lay the foundation for the development of its social chain.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
