AVS Development Cycle

Transcript

okay so I have no notes so we'll improvise a bit that's good um cool I'm I'm the co-founder and Co of authentic um anyone here know what AVS is we have one two three four even you also know no okay we have five okay go guys um great so we're going to talk about what ABS is the ABS development life life cycle for the ones of you who don't know ABS means actively validated service which is basically a distributed system that are being built on top of shared security protocols such as igen another um from igen going to be here right

after me um so we're going to dive in a bit how we got to build authentic um what is the authentic stack a glimpse into the scope of of the product of course we're going to dive into what ABS means uh what is the AVS Anatomy underlining components and lowlevel info of AVS and we're going to uh I'm going to share with you some AVS use cases and and ideas that you guys might be able to take and and build on your own uh uh with us cool um so we started off by building an AVS it was more than year and a half

ago uh before igen has a test net tutorials samples we just Fork the code based and start experimenting and we did it for six months and during this time we basically understood all of the complexities the bits and bites the problems that other builders will have to face while building an ABS and the thing is that instead of focusing on what we do best which is building our core product our core protocol we we were busy developing all of the lowlevel info components such as consensus on offchain computation peer-to-peer networking message passing mechanism

where do the operator submit their attestations how does the ABS protocol audit those attestation distribute rewards enforce penalties and of course we needed to design our own uh um protocol customization onto the AVS apply it onto the AVS design and of course develop all of the required smart contract so we thought let's make it accessible let's make it available for other builders to use and this is how we came up with the authentic stack um so we I see all tabs open never mind you can see my favorite tabs as well but try to focus on me um cool so simply put what is the authentic

stack authentic stack is AVS develop framework um and you can imagine it as a canvas with all of the essential components to spin up AVS highly configurable highly versatile in all aspect of the development um the stack handles the lowlevel ABS components and allow Builders to focus on what they do best which is building their product um underlining complexities around consensus and networking and messaging attestation operator registration are all abstracted away um reducing basically noise and allow teams to

accelerate a time to Market top of our mind is um basically to make the stack agnostic to any type of use case okay so you can build Services infrastructure middleware application and so on and so forth for the past year year and a half we've been working with amazing team that are building novel emerging technology and we are super exciting to see this being accelerated through the stack so from oracles exploit prevention system AI agent authorization system key stores and identity and so on and so forth so there

is a wide range of services that um can be built uh using the stock with basically the underlining ABS info okay so what is an ABS okay other than actively validated service okay AVS it's a decentralized network that does not have any constraint with underlining a blockchain it's uh a network that is able to execute any type of logic any type of offchain computation and validate the result of the computation

on chain so this is like the the the mental model of AVS the three main pillar main pillars are it's a proof of stake Network meaning operator must stake a certain token whether if it's native it LST lrts uh the AVS native token I token stables and so on and so forth to be able to participate in the AVS validation um they they put the C their capital in line or in risk of slashing and on the other end they are incentivized okay with rewards which is basically to align with the network a

best interest and to perform as a a truthful actor within the AVS so it's a proof of stake Network it has offchain execution so the business logic or the execution of ABS sits offchain which clearly aligns with ethereum road map right to offload computation from evm environment offchain but still validation is being done onchain okay to allow this uh um a truful verification of computation um so it's it's a off it's a poof of stake Network it's it has offchain execution and each AVS has its

own unique Computing use case I mentioned it before but the idea is that ABS can be any type of of service any type of unique service can be built as an AVS and I promise you uh some potential ideas to develop I will get to it towards the end okay let's dive into a what IG layers provide to the ecosystem and what is missing in nowadays within the IG protocol so before igen lir and we as a team we experienced that before igir the process of onboarding or bootstrapping security for the network and on boarding

a node operator was super fragmented and manual so teams would have to directly approach those validator as a service and Institution staking solution ask them to run the node client software ask them to stake their their token whereas um those validator have alternative cost uh they need to put to dedicate resource towards each company um there is like a a range basically a wide variety of clients and and client comp underlining complexities that needs to be adjusted with each um operator so first igir enable hyper efficient bootstrapping of

network security igir is also an Open Marketplace for CPU and GPU so we have the AVS which is a service a consumer of CPU and GPU we have the operators which are CPU and GPU provider and they meet together in this Open Marketplace they can engage they can form relationship they can evaluate each other and decide if this is a good match or no or not so this is IG is also an Open Marketplace for CPU and GPU um and also IG introduced a new economy so now operators are able to maximize reward to maximize Roi on the same stake they are able to opt in to

work for different network and be entitled to different rewards of each network of each AVS so I can introduce a complete a complete new economy the Shar security economy but what is missing okay so indeed I can provide the Baseline okay the Baseline layer uh to bootstrap security for a certain abs for a certain network but still ABS teams or Builders they need to customize a system that interact with igen layer framework okay I will touch on it in a bit and they need to develop um uh a complete set of the under under lining core

components that feed this new share security environment okay so they need an infrastructure to execute this um offchain logic H they need the network to come onto agreement to come onto consensus on this logic they need a networking mechanism a messaging mechanism The Operators need to submit attestations the the the ABS needs to audit those attestation and distribute rewards and so on and so forth and this is clearly what Builders want to avoid right they want to avoid these lowlevel components and completely be focused on building their own unique uh product and this is exactly where uh Authentics come into place so the idea

of authentic is that you can build anything okay any type of service can be built using the authentic stack uh on the igen layer protocol okay any type of offchain compute can be built um we allow team whereas we endles the lowlevel infra we allows team to focus on what they'll do best is building their product okay building their strategy go to market expanding their team and basically accelerate time to market the stock is a framework okay everything is self deploy meaning we are not a network right we are not a blockchain so there is zero Reliance on

authentic as a middleware service okay so it's a building blocks a production ready components where developer can take it deploy it configure it according to their own needs and spin up their own unique service distributed service distributed system um and of course what we are completely focus is the logic the business logic customization okay so product have complex underlining system that needs to be designed and apply onto the AVS um so definitely we are focused on expanding the design space of avss um cool and I promise you some AVS

building idea even though I don't have my my notes here to to touch point on on specific subject but from keeper Network basically to Monitor and keep the healthiness of defi defi protocol where they can basically monitor the loan to to to Russo and landing position and enforce a liquidation events cross chain from a peer-to-peer order book basically peers can interact and communicate with each other imagine it as like a an Unis swap alternative where uh peers can uh um engage and trade with each other a prediction Market okay we also the rise of poly

Market uh in the recent months and towards the election of course so why won't we build like a a customized prediction Market let's take esport for example so ABS could be could perform as a prediction Market where the operator fetch offchain okay internal API data sets Okay and basically user can predict the outcome of a certain match player score winning at tournament and so on and so forth so basically some sort of like a customized prediction market for esport this is a great example and it's also like a a consumer facing application that is

crucially needed in our current infrastructure landscape um of course if you want to to to dive into more use cases you can scan this QR code we have a a lot a wide range of use cases on our docks and and we as a team we would love to Think Through AVS design AVS ideas together uh uh with Builders um so last but not least we also saw the rise of AI agents so why won't we make an AVS as some sort of like authorization Network for AI agents where the end user can configure a policy a frame of which where the agent

can operate or act on behalf of the end user and the network is in charge for Access Control and authorization of certain action or maybe a liquid liquidation detectors basically for the end user to allow them uh to have like a a safe defi journey and um keep his position safe from a volatile market and and and liquidation so this is like just a glimpse of what's possible um using AVS with the authentic stack um we have some teammates that are somewhere around Ian is also here you are more than welcome

to to approach us uh we would love to Think Through ABS design ABS ideas this is what we do for living and we are super excited to see um more noval Innovations being built as an AVS so thank you