🕸️Importance to Web3.0

1. Give nodes liquidity

The most basic advantage of the LSP protocol is that it gives liquidity to the staked assets in the originally locked nodes. This is similar to most re-stake products. It can provide users with a tradable node equity asset, and this equity can be transferred along with the transaction.

2. Preserve the functionality of the node

The most fundamental problem that the re-pledge project cannot be extended to other POS public chains is that most of the current re-pledge projects tend to be centralized mining pool logic, and therefore cannot provide the original independent functionality of nodes to more ecosystems. These functionalities include data verification functions for the network to which it belongs as an independent node. When it is unable to participate in verification, it also loses the core value of the node as a guarantee of network data security.

The LSP protocol uses a decentralized verification network, OmniVerify Chain, to ensure that the node assets held by users can obtain the original node income and data verification functional value of the network while running as an independent node.

The benefits of this are:

1. It has no impact on the functionality of the nodes assigned to the original public chain.

2. It has no disruption on the verification income of the original public chain nodes

3. It has no interference on the staking income of the original public chain nodes.

On these bases, going a step further, some wonderful chemical reactions can occur.

3. Possibility of node slicing proof of credentials

When the LSP protocol attracts enough nodes to participate in transactions through excellent market value, even if the assets of these nodes are sharded through the LSP protocol, because their network value is retained by the OmniVerify Chain, the ecology of the original network can still be directly programmed and verified through the LSP protocol, such as DApp developed based on the original network.

In other words, when the LSP protocol gathers enough node assets for some public chain networks, the original public chain networks can directly develop DApps through the node verification capabilities of the LSP protocol. The data verification revenue generated by the development of such products will be captured by most of these node slices, which will further expand the profitability of these node slices in the LSP protocol.

4. Node slicing proves programmability of credentials

Node assets are sharded through the LSP protocol, allowing more complex protocols to expand the ecosystem of assets in a composable manner, ensuring the composability of assets. Since the OmniVerify Chain network complies with the EVM execution standards, its assets are also programmable. Any developer is allowed to use node slicing proof credentials to perform any type of asset combination.