{"id":12543,"date":"2025-02-11T19:20:12","date_gmt":"2025-02-11T19:20:12","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=12543"},"modified":"2025-02-11T19:20:12","modified_gmt":"2025-02-11T19:20:12","slug":"sedas-flagship-verification-module-to-secure-a-120-billion-industry","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=12543","title":{"rendered":"SEDA\u2019s Flagship Verification Module To Secure A $120 Billion Industry"},"content":{"rendered":"<div>\n<p><strong>[PRESS RELEASE \u2013 New York, New York, February 11th, 2025]<\/strong><\/p>\n<p>SEDA has announced the Interoperability Verification Module (IVM) framework to set an industry standard for cross-chain verification for all routes, across any VM.<\/p>\n<p>Today, <a href=\"https:\/\/seda.xyz\/\" target=\"_blank\" rel=\"nofollow noopener\" data-wpel-link=\"external\">SEDA<\/a> announced the first-of-its-kind <a href=\"https:\/\/x.com\/sedaprotocol\/status\/1889330332798763223\" target=\"_blank\" rel=\"nofollow noopener\" data-wpel-link=\"external\">Interoperability Verification Module<\/a> framework. SEDA IVMs are a plug-and-play verification solution for interoperability protocols, adding significantly upgraded security, near-instant horizontal scaling, and increased decentralization out of the box. Interoperability providers integrating the SEDA IVM can access a hyper-specialized framework for independent, permissionless verification of any cross-chain transaction across all routes. The SEDA IVM framework is built to serve the modularization of Interoperability architecture necessary to scale from the current landscape of <a href=\"https:\/\/defillama.com\/chains\" target=\"_blank\" rel=\"nofollow noopener\" data-wpel-link=\"external\">347 active networks<\/a> to an <a href=\"https:\/\/x.com\/equilibrium_co\/status\/1862140047019159994\" target=\"_blank\" rel=\"nofollow noopener\" data-wpel-link=\"external\">estimated 2,000+ chains<\/a> by 2026.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/SEDA_PR_1739286917IkMf4T9itW.jpg\"><\/p>\n<p>The <a href=\"https:\/\/docs.seda.xyz\/home\/overview\/seda-overview\/introducing-sedas-flagship-product-the-ivm\" target=\"_blank\" rel=\"nofollow noopener\" data-wpel-link=\"external\">IVM framework<\/a> leverages a multi-layer verification process consisting of an independent overlay network, decentralized solvers, and a combination of private and public RPC data providers. With <a href=\"https:\/\/wp.hacken.io\/wp-content\/uploads\/2024\/12\/2024-Web3-Security-Report.pdf\" target=\"_blank\" rel=\"nofollow noopener\" data-wpel-link=\"external\">nearly $2 billion lost in bridge hacks since 2020<\/a>, the SEDA IVM presents a critical piece of industry-needed security infrastructure. Built to offer a robust, scalable, and customizable module, the IVM provides independent decentralized verification for millions of transactions across thousands of networks.<\/p>\n<p>Key features and benefits of the SEDA IVM include:<\/p>\n<ul>\n<li>Industry-wide data parity with a singular security zone.<\/li>\n<li>Built-in liveness guarantees.<\/li>\n<li>Programmable design to suit specific needs of bridge, solver, and abstraction layers.<\/li>\n<li>Permissionless access and deployments.<\/li>\n<\/ul>\n<blockquote>\n<p>\u201cThe demand for robust interoperability infrastructure has surged as users and developers engage with hundreds of specialized networks,\u201d said Peter Mitchell, CEO and Co-founder of SEDA. \u201cOver the last two years, the interoperability sector has expanded dramatically, achieving a transaction volume of over $123 billion in 2024. Projections indicate this sector could reach over $250 billion in 2025. Our IVMs represent a significant advancement for Interop 3.0, allowing any interoperability provider to customize parameters within the SEDA IVM framework, ensuring independent verification across all routes through a single deployment.\u201d<\/p>\n<\/blockquote>\n<p>Parallel to a message relayed between chains, the IVM automatically initiates a secure verification sequence, in which a dedicated secret committee of independent overlay nodes is formed to query RPC data on the source chain. Results are returned via a commit-reveal scheme for data integrity and preventing manipulation, after which protocol-defined instructions filter and order results before being batched on SEDA\u2019s main chain. Data results are secured with tamper-proof cryptographic guarantees before being relayed by solvers to the destination chain.<\/p>\n<p>The <a href=\"https:\/\/www.seda.xyz\/post\/seda-ivm-framework\" target=\"_blank\" rel=\"nofollow noopener\" data-wpel-link=\"external\">SEDA IVM<\/a> directly addresses recent industry challenges, such as the <a href=\"https:\/\/www.binance.com\/en-IN\/square\/post\/12-20-2024-stargate-experiences-extended-downtime-due-to-executor-malfunction-17823569441801\" target=\"_blank\" rel=\"nofollow noopener\" data-wpel-link=\"external\">Stargate bridge downtime<\/a> caused by an offline multi-sig verifier. By plugging into SEDA\u2019s distributed verification architecture, interoperability providers inherit security and liveness guarantees associated with SEDA\u2019s Network design, consisting of a performant layer one, a highly decentralized overlay network, and a censorship-resistant solver network. This design mitigates collusion risk and downtime commonly associated with default multi-sig relay setups, which secure over <a href=\"https:\/\/dune.com\/octavionotpunk\/bridge-market-metrics\" target=\"_blank\" rel=\"nofollow noopener\" data-wpel-link=\"external\">$10 billion in monthly volume.<\/a><\/p>\n<p>By decoupling verification, interoperability providers can focus on scaling services to thousands of new chains, allowing SEDA to provide specialized verification for all routes.<\/p>\n<p>For more information about SEDA\u2019s IVM framework and integration possibilities, users can visit <a href=\"https:\/\/seda.xyz\/\" target=\"_blank\" rel=\"nofollow noopener\" data-wpel-link=\"external\">https:\/\/seda.xyz<\/a> or join the community on Discord at <a href=\"https:\/\/discord.gg\/seda\" target=\"_blank\" rel=\"nofollow noopener\" data-wpel-link=\"external\">https:\/\/discord.gg\/seda<\/a>.<\/p>\n<p><strong>About SEDA<\/strong><\/p>\n<p><a href=\"https:\/\/seda.xyz\/\" target=\"_blank\" rel=\"nofollow noopener\" data-wpel-link=\"external\">SEDA<\/a> is a programmable oracle infrastructure that enables builders on any network to connect application-specific data feeds in seconds.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/sedas-flagship-verification-module-to-secure-a-120-billion-industry\/\" rel=\"nofollow\">SEDA\u2019s Flagship Verification Module To Secure A $120 Billion Industry<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>[PRESS RELEASE \u2013 New York, New York, February 11th, 2025] SEDA has announced the Interoperability Verification Module (IVM) framework to set an industry standard for cross-chain verification for all routes, across any VM. Today, SEDA announced the first-of-its-kind Interoperability Verification Module framework. SEDA IVMs are a plug-and-play verification solution for interoperability protocols, adding significantly upgraded [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-12543","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/12543","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12543"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/12543\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12543"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12543"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12543"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}