Decentralized Solver Network
Unlocking Day-One Omnichain Data Transmission For Any Network
Last updated
Unlocking Day-One Omnichain Data Transmission For Any Network
Last updated
Between SEDA and all networks lives a decentralized Solver Network tasked with relaying data requests and results between SEDA and all chains. The Solver Network is a permissionless network that any Solver operator can deploy. Solvers monitor the Prover Contract for data requests and offer quotes to the data requestor in a bid to gain the right to manage the relay of their data request to SEDA. A data request cost is determined by the Solver taking into account:
Their solver service fee
The data provider set costs
Network computation and gas
Overlay cost for source query
Solvers offer a quote to the data requestor in a currency of their choice. The value is settled between the data requestor and the Solver in the selected currency. Once settled, the Solver, using its own inventory of SEDA Tokens, facilitates the relay of data requests in an equal amount of SEDATokens minus the solver service fee.
As Solvers are independent of the SEDA Network, they are responsible for managing their own SEDA Token inventory to participate in facilitating communication between data requestors and the SEDA Network.
The decentralized network of Solvers enables permissionless communication across blockchain networks through SEDA, breaking down ecosystem silos. By providing an intent-centric framework for data transmission, SEDA creates an omnichain access layer that overcomes traditional scalability limitations in cross-chain communication.