SEDA’s Flagship Verification Module To Secure A $120 Billion Industry

Quick Summary:

Parallel to a message relayed between chains, the IVM automatically initiates a secure verification sequence, in which a dedicated secret committee of independent overlay nodes is formed to query RPC data on the source chain.

Today, SEDA announced the first-of-its-kind Interoperability Verification Module framework.

The SEDA IVM framework is built to serve the modularization of Interoperability architecture necessary to scale from the current landscape of 347 active networks to an estimated 2,000+ chains by 2026.

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Article Details

Author / Journalist: Chainwire

Category: Crypto

Markets: United Arab Emirates

Topics: Module Providers Routes Network Interoperability Data Seda Framework Billion Independent Verification

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-11 @ 16:04:20 (15 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 494 words

Reading Time: 3 minutes read

Sentences: 35 lines

Sentence Length: 15 words per sentence (average)

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Copyright Owner: © TheNewsCrypto

News ID: 26091079

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