⭐⭐This Altcoin Listed on Binance Announced a Development That Could Change Solana Completely! ⭐⭐

Jito Foundation, behind the JTO altcoin traded on the cryptocurrency exchange Binance, has taken its first important step in this field by publishing the code of a staking and restaking program for the Solana network.

This development is considered as a significant progress in Solana's restaking process. Restaking is a theoretical concept that allows blockchain networks to ensure the integrity of the network by using staked assets as collateral. This code, released by Jito and yet to be audited, is expected to create a mechanism to provide economic security for any protocol running on Solana, virtually any on-chain application or “actively authenticated services” (AVS).

Jito's code allows users to secure AVS using any crypto asset of their choice. This feature distinguishes Jito's restaking approach from the method popularized by EigenLayer on the Ethereum network, which limits collateral to ETH, certain ETH derivatives, and the platform's native EIGEN tokens.

“The flexibility and customization offered in this architecture will provide great advantages, especially for AVSs, which are the main users of these systems,” commented Lucas Bruder, a member of Jito Network.

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