Othentic Labs reposted this
We’re thrilled to announce our seed funding as we work towards facilitating the creation of innovation on Eigen Labs 🏗 Othentic is on a mission to enable the creation of novel and distributed computation services by providing a self-deploy infrastructure to spin up systems with underlying shared security 🪐 The Othentic Stack orchestrates and abstracts the shared security primitive, allowing AVS developers to self-deploy (1) custom computational services over trustless execution environments and (2) a network of Operators that run arbitrary compute tasks. Othentic introduces a framework for Stateless Rollups, a promising avenue for decentralized compute scalability, offering a flexible and secure framework to execute off-chain computations. Stateless Rollups are computing networks that provide services to other networks or applications without being constrained by any particular blockchain. The framework facilitates the creation of co-processors, ZK provers, privacy-preserving computations, decentralized order books, AI inference networks, exploit prevention systems, and other novel services. Leveraging a library of production-ready components, AVS developers can focus on their core service, minimize engineering overheads, and abstract away low-level implementations and error-prone infrastructure details. Check out our blog for a deeper dive —> https://lnkd.in/d9nqzDSS