SEDA is preparing its first testnet integrations with multiple projects en route to a V1 mainnet.
As a crucial part of our planning, the SEDA team gathered in Austin, Texas, for their first company-wide offsite for 2024. This offsite served as a platform for all departments to align on the coming roadmap, ensuring all departments are informed and prepared for feature rollouts and go-to-market strategies involving upcoming network developments. Across June, the community can expect developments surrounding the first proof of concepts (POCs) and features rolling out on testnet.
Preparing For The First Proof Of Concepts
With the mainnet operating flawlessly for over a month, the SEDA engineering team has initiated collaborations with partners to deploy testnet POCs. SEDA is working with five partners across RWAs, Rollups-as-a-service, identity, interoperability, and chain abstraction. Deploying POCs for multiple use cases enables the SEDA team to test various features rolling out parallel to the testnet. Watch the SEDA Twitter for announcements of the first POC partner integrations that will be coming soon.
POC breakdown
Real-World Assets: Involves partners in issuing data requests (DRs) via SEDA to real-world asset data providers.
Rollups-As-A-Service: Raas providers will integrate SEDA into their toolkits, providing the option for projects deploying rollups to enable day-one access to any data type available on the SEDA network in one click.
Identity: Identity partners issue Private Data Assets (PDAs) that can be queried by any network via SEDA. This allows users to bundle their data into one encrypted asset on-chain for industry-wide verification.
Interoperability: SEDA is working with bridges and messengers that can mitigate native deployment delays by plugging SEDA into their back-end stack. In doing so, the industry’s biggest interop projects can instantly connect with 240+ blockchains through SEDA.
Chain Abstraction: The SEDA team is actively building within the CAKE framework spearheaded by Frontier Research and OneBalance. While the deployment and alignment of all involved projects will likely take some time, the SEDA team will continue providing updates on its developments within the stack.
Note: While POCs are beginning in June, the SEDA engineer team will work to announce and showcase the first POC within the month, with others rolling out over the next 2–3 months.
V1 Feature Rollout Supporting POCs
In parallel with the development of POCs, the SEDA engineering team is working on deploying the first iteration of overlay nodes, solvers, and programs, which is necessary for issuing data requests. For a V1 testnet, the number of overlay nodes and solvers will be kept to the minimum required for issuing data requests. After successful POCs and future audits, SEDA will aim to decentralize the network with more overlay nodes, solvers, and enhanced programming capabilities.
Overlay nodes will execute DR programs and communicate with the data source, while solvers are destination chains’ communication points with SEDA, relaying incoming DRs and returning DR results. With a successful mainnet upgrade, the community can spin up their overlay nodes and begin securing and participating in the SEDA network.
Join the SEDA community channels to keep updated with the latest developments, announcements, and opportunities to participate in the network.
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