The Next/4.0

Openverse next version

The openverse 4.0 is totally new roadmap for openverse future. It is based-on comsos 2.0 whitepaper, which has been rejected in cosmos community. Openverse team has inherited the advantages of the white paper and other technical features of openverse, and planned the rules of openverse 4.0 and a broader perspective.

We propose a new Openverse Network vision document, a counterpart to the 2017 paper which focused primarily on the network of IBC-connected chains. With the creation of the Cosmos Stack (Tendermint, IBC, and SDK) and the development of key technologies for secure economic scaling (Interchain Security and Liquid Staking), the original vision of the Hub has been fulfilled. This document marks the transition to the next phase of the Openverse Network as an infrastructure service platform, and a renewed role for Bitgold as preferred collateral within the Openverse Network. It describes two pieces of app-specific functionality, the Interchain Scheduler and Interchain Allocator, which together form a flywheel for accelerating interchain growth. The Interchain Scheduler is a cross-chain block space marketplace, which generates revenues from cross-chain MEV. These revenues are used by the Interchain Allocator to capitalize new metaverse chains, foster interchain collaboration, and thereby expand the total addressable market of the Scheduler. To administer the proposed plan, the paper describes the formation of Openverse Councils, domain-specialized entities that carry out development and operations. Openverse Councils together form the Openverse Assembly, a body that is accountable to Bitgold holders, responsible for setting yearly goals, resourcing, and administering work undertaken on behalf of Openverse Network.

We have included the paper below in its entirety for the community\'s consideration.










Bitgold is the native coin of the Openverse ecosystem

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