🧞 The Future of DA with Nuffle Labs
What is Nuffle Labs doing?
Gm and happy Monday frens🖖
Data availability is all the rage right now - this year has seen at least a dozen new projects from top companies like Celestia, Avail and finally NEAR in the form of Nuffle Labs.
So what's up with them and where do they go from here?
We asked the man himself - Altan Tutar, co-founder of Nuffle Labs in our brand new podcast!
Scroll down to see:
🇹🇭 4 must see events at Devcon next week
📊 DA done right
📰 News
⛓️ L2con: Just a Week Left
L2con is next week!!!!!
It is the largest conference during Devcon dedicated to L2s, Modularity, and Infrastructure for Web3 developers and founders.
Catch founders of of Celestia, Monad Labs, Espresso Systems, Offchain Labs, Scroll, Movement Labs, and 40 other speakers.
Don't miss the opportunity to gain insights into recent technological updates, explore in-depth case studies, and discuss practicals in Layer 2 Scaling!
📅 November 13th, Devcon
Network and listen to the top experts!
🥩 Restaking Day: the 4th edition!
Restaking & Infra Day is a dev-focused side-event. It will be a full day of keynotes, workshops and panel discussions about recent advancements and the restaking field.
Liquid restaking and staking;
Oracles and other AVSs;
ZK Coprocessors and Layer 2 solutions;
Restaking on BTC, Cosmos and other chains;
Security and risks of restaking.
Speakers from Eigen, Ether.fi, Pendle, Ethernodes, Pi2, ZeroLend, Tanssi, Baker.fi and more.
🔮 Chain Abstraction & Intents event
Chain Abstraction & Intent Day is a dev-focused Devcon side-event that isn't just about understanding technology, it's about being at the forefront of a movement towards a more accessible, efficient, and user-friendly blockchain experience.
What to expect:
15+ speakers
250+ attendees
panel discussions & keynotes & workshops
Developer focused conference
Value-based networking
🇹🇭 Only 1 week left until our dAGI Summit in Bangkok!
Gain insights into the future of AI, from decentralized training and collaborative intelligence to blockchain-powered scaling of ML models.
Expect:
- 20 industry leaders
- 300 attendees
- Keynotes, panels, and one-on-one sessions
📅 November 11
🛠️ Deep-dive: What is Nuffle Labs doing?
Initially, Near’s capabilities with DA were promising due to its cost-effective nature and scalability. However, as the team explored it further, they found that DA, while essential for blockchain performance and security, is difficult to monetize.
DA lacks a strong business model because it is often seen as a "free" or very low-cost utility within ecosystems, making it challenging to capture value from it as a revenue-generating service.
This reality led to the decision that while DA would remain a part of their technical stack, the company would not make it the core revenue focus.
Instead, they’re incorporating DA into other business-oriented services, such as the fast finality layer and state validation features.
Podcast with by Altan Tutar, co-founder @ Nuffle Labs. Watch the full video here.
Modular and specialized solutions
Altan thinks that it is important to be specialized in modularity - rather than building generalized, broad-use solutions, Nuffle Labs is focusing on modular services that cater to specific blockchain needs - especially for Layer 2s.
For instance, they are not just providing general data availability but also offering the ability to store and transfer specific data across multiple chains in ways that are cheaper and more efficient.
The specialization strategy allows Nuffle to focus on niche problems and deliver precise solutions, creating a stronger value proposition. Altan argues that this focus on modularity is not only more efficient but also aligns better with customer demand, especially as users increasingly seek tailored, chain-specific functionalities.
The future of chain abstraction
Chain abstraction is a growing trend that aims to simplify the end-user experience by allowing seamless interaction across multiple blockchains without needing to switch between networks manually. Nuffle’s fast finality layer (NFFL) supports this vision by allowing users to transfer assets and interact across different chains in just a few seconds.
For example, users could execute transactions across Layer 2 solutions quickly and efficiently, without needing to understand the specifics of each chain’s security or governance model. Near protocol was one of the early pioneers of this concept, aiming to create an experience where users interact with a singular front-end interface that abstracts away the underlying complexity of blockchain networks.
Through chain abstraction, Nuffle Labs aims to create a “verifiable cloud,” where users can trust that their transactions will be processed securely and seamlessly, regardless of the underlying chain.
Stake-from-anywhere model
One of Nuffle Protocol's innovative concepts is its "stake-from-anywhere" model, which allows users to keep their assets on their native chains while still participating in decentralized validation processes across other chains.
For example, a user could stake assets from Layer 2 chains such as Optimism or Arbitrum without needing to bridge those assets to another network.
This flexibility reduces the need for users to bridge their assets, which often involves risks and costs, enhancing both user experience and security. For Nuffle Labs, this model also serves as a revenue generator by providing staking options for Layer 2 token launches with fee-based incentives.
Redundancy in DA models
Redundancy in DA is a hot topic, and companies like Particle Network are exploring ways to create more reliable DA solutions by distributing data across multiple DA layers.
For example, if one DA layer experiences downtime or an attack, other DA layers can still provide the necessary data, ensuring continuity and security. Altan explains that redundancy in DA operates similarly to replication in cloud computing, where data is stored in multiple locations to prevent a single point of failure.
Nuffle Labs is incorporating redundancy by allowing its fast finality layer to integrate with multiple DA providers, including Near DA, Eigen DA, and Avail. By doing so, Nuffle aims to create a robust system that doesn’t rely solely on one provider and can offer higher availability and security assurances to users and applications.
Learn more about Nuffle Labs with our new podcast!
⚡Blitz News
SEC Goes After Another Crypto Firm, Slaps Immutable With Wells Notice
Spire Labs Ramps Up the Development of Its Ethereum Scaling Infrastructure with $7M Seed Round
VanEck invests in Web3 gaming startup Gunzilla
Redacted Group launches crypto fund for Web3 startups and game companies
All right, that’s it for today! 👋 But wait…
You didn’t say “gm” on Twitter! Let’s catch up there for daily insights.
Sending growth your way,
Epic Web3