TechFlow News — Jupiter, the Solana-based DEX, has announced the launch of Jupnet, an omnichain network.
Jupnet is an omnichain network powered by Jupiter SVM and features an omnichain ledger designed to aggregate liquidity across all chains.
Jupnet will consist of three key components:
1. DOVE Network
DOVE stands for Decentralized Oracles, responsible for verification and execution.
2. Omnichain Distributed Ledger Network
By establishing a single decentralized source of truth among oracles, validators, and executors, we can seamlessly enable the next major capability—Jupnet can host an omnichain distributed ledger, regardless of the number of chains, users, or transaction flows within the system.
3. Aggregated Decentralized Identity (ADI)
For Jupnet, we aim to move beyond wallets as the primary user experience (UX) and developer experience (DX) paradigm. Instead, we want to offer a more user-friendly approach—such as account systems—with familiar features like multi-factor authentication (MFA) and account recovery.
