Understanding Puffer UniFi AVS: From Preconfs to the next decade of Ethereum? | Bee Network
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introduction Currently, the global payment infrastructure is being modernized and improved, which will provide users with faster and cheaper payment methods. Stablecoins are increasingly being used to build robust crypto payment systems, facilitate remittance payments and simplify cross-border transactions. In 2023, the total transaction volume settled in the stablecoin market exceeded $10.8 trillion – $2.3 trillion if unnatural transactions, such as robots or automated transactions, are excluded. On an adjusted basis, transaction volume increased by 17% year-on-year, which means that stablecoins are quickly catching up with todays largest existing payment networks. Although existing payment networks enjoy some important advantages in terms of liquidity and network effects, as competition has increased, the average cost of remittance payments has fallen by more than a third over the past 15 years, according to…# Analysis# MarketPre
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- Original author: Puffer On September 16, Puffer officially announced the Ethereum security infrastructure product UniFi AVS. As an active verification service (AVS) based on EigenLayer, it is desi...