Introduction to Witness Chain
Unifying DePIN economies
What is Witness Chain's DePIN Coordination Layer (DCL)?
The DePIN coordination layer (DCL) is a unification layer that translates unverified physical attributes of DePIN (De-centralized Physical Infrastructure Networks) networks into measured, verifiable digital proofs. These proofs can later be attested/challenged and consumed by different apps or DePIN chains themselves to build new products and services.
Status:
DCL: Currently in active development
🎉 Diligence Watchtowers : On Mainnet
Bandwidth Watchtowers: Active Development
Location Watchtowers: Active Development
As a DePIN Chain, why integrate with Witness Chain?
Creation of New Services'/Bundled Offerings: Sharing state information can enable the development of new services and products on top of the DePIN assets. DePIN projects can achieve better discoverability, bootstrap their economy and get access to a wide range of financial instruments.
Improved Resource Utilization: Sharing state information allows apps to have a real-time view of the resources available across the network. This visibility enables optimal allocation of tasks based on resource availability, reducing wastage and improving the efficiency of resource utilization for the DePIN assets.
Innovation and Service Improvement: Access to comprehensive state information enables providers to identify trends and patterns, which can drive innovation. App builders can develop new services or improve existing ones based on the insights gained from the shared data
Entities Involved in the DePIN Coordination Layer
Unification of DePIN unlocks a shared & collaborative economy for siloed physical infrastructure assets like compute, networks, storage, energy, etc. This is achieved through a unified, trust-free, de-centralized workflow to verify their physical attributes and converted it into digital proofs on the blockchain
Witness Chain's DePIN Coordination Layer (DCL) acts as the unification layer converting unverified physical attributes from the DePIN chains into digital proofs. These proofs can be verified/attested/challenged and finalized on the DCL platform for the apps to access validated state information
EigenLayer Operators are entities that run DePIN Challenger Client software. They register on EigenLayer as operator and allow re-stakers to delegate to them, then opt in to provide various services (AVSs) (AVSs are built on EigenLayer)
DePIN Providers/Chains The DePIN application layer where physical infrastructure lies in and the state information originates.
DCL App builders App builders on DePIN coordination layer
DCL Proof System Contributors Contributors who can help build new Proofs of X and help extend the Proof systems supported by the DePIN Coordination Layer
Witness Chain Watchtowers
The following trio of watchtowers are being designed to share their DePIN state (rollup state, bandwidth and location respectively) with the DCL layer.
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