TL;DR
We are excited to announce our partnership with Kernel, a BNB chain restaking platform, to collaboratively build trustless cross-chain restaking infrastructure, which will allow dApps to leverage BNB’s security on other networks. This collaboration will expand BNB chain’s security, increase BNB utility and rewards, and ensure cross-chain security for application builders.
Unlocking BNB’s Full Potential with Kernel Restaking
The innovation of restaking has emerged as a game changer, revolutionizing the landscape of the blockchain and cryptocurrency space. Staking BNB tokens allows users to earn rewards by becoming partial validators of the BNB Chain network. Restaking takes staking one step further – it allows stakers to use their already-staked BNB again, potentially multiplying reward opportunities by securing multiple protocols simultaneously.
Kernel is stepping up the game with its restaking infrastructure. Kernel is a restaking platform launching on the BNB chain and designed to be its primary restaking solution. Kernel’s restaking infrastructure significantly enhances the utility and functionality of the BNB token. By enabling BNB to participate in multiple staking opportunities across various protocols, known as Dynamic Validator Networks (DVNs), Kernel opens up new ways to create value and get involved in the networks. This restaking mechanism allows BNB holders to earn additional rewards and benefits from their assets while contributing to the security and stability of multiple DVNs. The DVNs form a synergistic ecosystem that benefits from the enhanced economic security provided by the restaked BNB token. This creates a positive feedback loop where the increased security incentivizes further participation in the ecosystem, leading to greater network effects and overall growth.
Trustless Cross-chain Restaking Powered by Brevis and Why It Matters
Currently, thousands of dApps are built on top of the BNB chain, and the entire ecosystem is constantly growing. This growth brings a wealth of innovation, however, it also highlights a critical limitation: any applications that are not deployed on top of the BNB chain or Kernel cannot take advantage of the BNB chain’s consensus and crypto economics security by building a DVN using Kernel.
Brevis ZK Processor is ideal for Kernel’s innovation, as it seeks a trustworthy partner to build a trustless and efficient cross-chain restaking infrastructure. Cross-chain restaking enables the consensus of the restaking result on the BNB chain to be securely relayed to another network using ZK Proofs. As the consensus result and ZK Proofs are relayed to other blockchains, they can leverage the shared BNB security provided by Kernel and the trustless advantage enabled by Brevis. This opens up a world of possibilities for developers, who can now build dApps on other networks while still taking advantage of the security of the BNB chain and BNB token.
BNB Chain operates on a consensus mechanism that combines Delegated Proof of Stake (DPoS) and Proof of Authority (PoA) fundamentally based on Tendermint. Brevis has developed the fastest Tendermint and PoA Light Client for BNB Chain, enabling any network to access the state of BNB Chain and facilitate Kernel’s trustless expansion.
Brevis can generate ZK Consensus Proofs of BNB Chain block headers and relay them to be verified in a verifier smart contract of the desired destination chain upon request. With a Sparse Merkle Tree (SMT) root of BNB block headers available on the destination blockchain, Brevis can further mirror the Kernel restaking contract states with its ZK Data Coprocessor. With the restaking states available, any other blockchains can verify the quorum result of a DVN on the BNB Chain. Conversely, Brevis can prove back to BNB chain’s Kernel restaking contract if any slashable event happened on the destination chain to complete the full communication cycle of cross-chain DVN design.
Why this matters:
- Expanded BNB Economic Security: Cross-chain restaking extends BNB Chain’s strong economic security to a wider ecosystem, fostering a more secure and reliable environment for dApps across sidechains and layer 2s.
- Enhanced BNB Utility and Rewards: This can lead to greater rewards for BNB holders participating in restaking to DVNs on the BNB Chain and beyond, while increasing the utility and value of BNB.
- Simplified Security for Cross-Chain Applications: Cross-chain restaking allows developers of cross-chain applications to easily leverage BNB Chain’s security without the need to build a complex consensus layer.
- Trustless Mechanism with Brevis ZK Light Client: The cross-chain restaking process leverages the Brevis ZK Light Client to establish a secure and trustless process for Kernel’s consensus publishing and relaying. This eliminates the need for intermediaries or third-party trust, ensuring Kernel’s consensus is accurately and reliably relayed to other networks.
Looking Ahead
Kernel and Brevis have committed to working closely to accelerate the implementation of this trustless cross-chain restaking infrastructure. We believe this interoperable architecture will benefit both BNB stakers and application developers. The implementation timeline will align closely with Kernel’s roadmap.
About Kernel
Kernel is pioneering restaking on the BNB Chain, designed to provide decentralized shared security and accelerate innovation and growth across the ecosystem. Founded by experts in DeFi and restaking who scaled products to 2 Bn+ TVL, Kernel’s ecosystem of projects is already 25+ and growing rapidly. By lowering entry barriers for protocols and unlocking higher rewards, Kernel empowers developers to build 100x efficiently and users to maximize rewards on assets.
About Brevis
Brevis is an efficient, verifiable off-chain computation engine that brings limitless computation capacity to existing smart contract blockchains. Utilizing zero-knowledge proofs, Brevis offloads data-intensive, costly computations from on-chain environments to a drastically lower-cost off-chain engine, and empowers Web3 applications to scale seamlessly while preserving the security of L1 trust assumptions.
With Brevis’s versatile Go SDK, smart contracts can access blockchain states, transactions, and receipts across multiple blockchains and timeframes. DApps can transform complex business logic that are expensive to execute with smart contracts into succinct, low-cost circuit outputs that are mathematically verifiable on-chain. Powered by Brevis, use cases like data-driven DeFi, personalized GameFi experiences, and on-chain reputation systems can unlock the full potential of decentralized data, and accelerate blockchain adoption on a broader scale.
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