What do you think about CyberConnect being upgraded to a new layer2 social public chain?

Author: Chain View

What do you think of @BuildOnCyber ​​protocol upgrade to a layer2 public chain focused on social networking - Cyber? After completing a series of Staking and Restaking community incentive activities, CyberConnect, a new social public chain built on OP Stack, was officially launched. What potential impact will the new chain Cyber ​​bring? Next, I will briefly share my views:

1) Social king bomb applications, especially the phenomenal SocialFI, have always been coveted by major chains but not sought. How social blockbuster applications are built and when they appear are like random "emergence" events, and even if they suddenly become popular, they can't escape the curse of a short life cycle. In my opinion, this is due to the past development of Social. Either like Farcaster and Lens, the overall architecture of the communication protocol layer is transformed, and the application can only be integrated by the adaptation of other chains and applications; or like Friendtech, Degen, etc., they can only be driven by applications and communities, and ultimately they will not be sustained due to the burden of the economic model.

Perhaps the optimal solution to create popular social applications is to focus on user experience and design user retention mechanisms for the C-end, and to encourage developers to build exclusive social chains for the B-end?

2) Cyber ​​quickly entered the layer2 field to build an exclusive social chain, drawing on the strengths of many in terms of technical architecture:

1. It chose to build on OP Stack and joined the super chain family of Optimism. The rapid chain startup is just an appearance. What is more important is that it can connect to the resources behind the OP Stack alliance and share users and liquidity (potential airdrops);

2. Based on Altlayer's RaaS service, it realizes the flexible integration of DA data availability outside of Ethereum, which can significantly reduce the cost of application construction and operation and maintenance in the early stage;

In addition, Cyber's own CyberConnect protocol social graph, CyberDB decentralized storage solution, account abstraction (AA), Passkey, WebAuth and other identity authentication methods, as well as Paymaster Gas payment and other functions are all very helpful in attracting developers to develop applications. The key is that a social chain must have a low user entry threshold and an optimized product experience. When the chain becomes a unified entry layer, the original CyberConnect unified decentralized identity (DID) mechanism will be magnified and become a strong label for its social entry.

3) The reason why Cyber ​​wants to upgrade from a decentralized social protocol to a chain is essentially to further gather a wider range of resources through the bottom layer of the chain. For example, when it is finally upgraded to EigenDA, the new Cyber ​​chain will have a continuous asset gain gameplay in Staking and Restaking.

Not only does it adopt the AVS security consensus layer, but it also introduces a re-staking mechanism to introduce LRT assets such as ETH, stETH, ezETH, and pufETH to the Cyber ​​chain. It has realized the implementation of the story told by Eigenlayer as a practical use case, and at the same time, through the dual-staking model, it has found a new application scenario for CYBER Token to maintain the chain security consensus, which is equivalent to upgrading the token model.

In short, CyberConnect's new brand story of upgrading from a protocol to a chain will obviously have a "gain" effect.

Although the impression of "social chain" may ultimately depend on the birth of several phenomenal social applications to deepen, Cyber's linkage with the OP Stack super chain, the Eigenlayer AVS re-staking model, and the depiction of a new entry layer story for its Cyber ​​DID will also lay the foundation for the development of its social chain.