Pell Network Architecture
Pell has built a secure, decentralized, and cross-chain interoperable BTC Restaking network, extending the cryptoeconomic security of BTC to all Decentralized Validated Services (DVSs).
The Pell ecosystem is structured around the following core components:
Restaking Layer : this layer consists of Pell Restaking Contracts deployed across multiple blockchains, the Restaking Ledger within the Pell Network, and cross-chain transmission protocols. This design enables stakers to easily perform operations such as Stake, Delegation, and Unstake without needing to switch wallets or RPC nodes, greatly enhancing the user experience and reducing operational complexity. The Restaking Layer has already been deployed on several EVM-compatible blockchain networks and is actively working on compatibility with BitVM, SVM (Solana), and MoveVM (Aptos), with deployments expected in the near future.
Pell Chain : is a Proof of Stake (PoS) blockchain built on the Cosmos SDK and Tendermint PBFT consensus engine. It can achieve 4000+ transactions per second (TPS) under ideal network conditions and serves as the core component for cross-chain interoperability among the ecosystem's key layers, including the Restaking Layer, Execution Layer, and Service Layer. In terms of security, Pell Chain utilizes a combination of Dynamic Hidden Committee (DHC), Ring VRF, and Trusted Execution Environment (TEE) to ensure the system's overall security. Additionally, Pell Chain plans to integrate Babylon’s Timestamp service in the future to further enhance the ecosystem's security.
DVS Developers : comprising community developers, dedicated development teams, and others, these developers actively contribute to the growth of BTCFi and DeFi, as well as the innovation of new applications. Pell works closely with them to reduce their development and maintenance costs related to DVS, enabling the vision of "develop once, deploy across multiple chains." Pell provides the necessary cryptoeconomic security for their innovative applications at a low cost, helping developers achieve rapid success.
Execution Layer ：composed of numerous decentralized Operators, this layer includes independent individuals or institutions who accept staking delegations from stakers. These Operators are responsible for independently running the relevant DVS client software, providing secure and reliable data and services to the DVSs in the Service Layer. In return, they earn substantial rewards, which are then distributed among stakeholders.
Service Layer(aka Service Chain, DVSs, AVSs): this layer is composed of a wide range of consumers within both on-chain and off-chain ecosystems that utilize Decentralized Validated Services (DVSs). These consumers include, among others, decentralized sequencing of transactions, reaching consensus on off-chain data and bringing it on-chain (oracles), automating specific protocol functions (keepers), and more.
In summary, the Pell ecosystem is a robust and innovative framework designed to enhance the security, scalability, and user experience of decentralized applications across multiple blockchains. By integrating advanced technologies and fostering collaboration with developers and operators, Pell not only streamlines the process of staking and delegation but also empowers developers to build and deploy cross-chain applications with minimal cost and effort.
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