OPENVERSE
NETWORK

Layer0 infrastructure for Value Internet
with some features: VTP, IBC, VRC10, VRC11, VRC12, etc.

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Web3 infrastructure
Hub for Blockchains
Value Internet and RWA
AI, Silicon-based Network

Openverse Technology and Features

Openverse Layer0 builds itself into the root system of the value Internet,
connecting other blockchain networks to become the Layer1 application layer.

Openverse mainnet parameters

  • TPS: 300K+

    Inheriting several high-performance network codes, Openverse achieved a TPS breakthrough of 300,000.

  • Blockcycle: 0.38s

    Based on the DPOS+POH consensus mechanism, a single block is achieved in 380 milliseconds, allowing applications to have a Web2-level experience.

  • Single block confirmation

    This means that any transaction can be confirmed within 1 second. Combined with high TPS, we can accept ultra-large-scale application access.

  • Gas: 0.000005 BTG/tx

    Almost negligible gas fees and ultra-high TPS enable low-threshold use by users around the world.

Openverse features

  • Value Transfer Protocol, VTP

    we propose the VTP standard — Value Transfer Protocol. In the future, this will enable an explicit value transfer protocol system.

  • Open Name Service, ONS

    This service will make it easier for users of the value-based Internet to identify and interact with the blockchain network.

  • Unified Identification, UID

    Universe Identification (UID) is the account standard for IBC-enabled worlds.

  • Inter-Blockchain Communication, IBC

    IBC protocol is an interoperability framework designed for transmitting arbitrary data between any state machines.

Openverse protocols

Through rich protocols and new features, various real-world
applications can be connected to the ecosystem.

  • VRC10 - Bitcurrency

    Bitcurrency, also known as Public Currency/Fiat Currency, is a public asset issued through Bitgold-backed loans, with the PCIM theory support.

  • VRC11 - Privcurreny

    Privcurrency, also known as enterprise currency, is a cryptocurrency issued and accepted autonomously by businesses or individuals, used within a private domain, and characterized by a relatively stable price.

  • VRC12 - Bitsecurity

    Bitsecurity is a category where various banks, securities institutions, and enterprises issue corresponding Bitsecurities by pledging Bitgold.

  • VRC20 Token / 721 NFT

    Openverse also has 20 and 721 protocols, and has the same functions as Ethereum's ERC20 and 721.

Openverse Resources
For developers.

Openverse has a wealth of developer materials, codes, and SDKs for developers to run a validator node, develop wallets, develop DAPPs, and work with web2 applications.

  • OpenOS Github
  • OpenOS Documents
  • OpenOS SDK
  • OpenEVM
  • OpenSwap
  • OpenWallet

Comparison With Competitors and
Our Advantages

Every product of a new era has its own advantages.

Networks Bitcoin, 2010 Ethereum, 2015 Solana, 2020 Openverse, 2025
High TPS / Low latency
Smart contract
Layer0
Stablecoin/Privcurreny
Bitcurrency
Bitsecurity

Bitgold Distribution

The native gas of Openverse Layer0 Network & Layer1 Networks integrated into Openverse.

Bitgold, as a global asset primary currency, functions by staking Bitgold to produce digital assets such as Bitcurrency, bitsecurity, privcurrency, which serve as the underlying assets for these digital instruments.

Bitgold uses

As the underlying asset of the entire network and ecosystem, Bitgold will play a significant role, such as gas fees, pledged assets, and medium of exchange.

  • GAS

    Bitgold can be used as the gas fee for the main network, and can also be used as the gas fee for blockchain networks based on OpenEVM - that is, it can be used as a unified gas fee for the ecosystem.

  • Standard Assets

    By staking Bitgold, we can issue digital assets such as Bitcurrency, Bitsecurity, and Privcurrency, giving these assets underlying value.

  • Medium of Exchange

    Any digital asset on Openverse can be traded on Openswap, a decentralized trading market on the Openverse network, using Bitgold as the medium of exchange.

  • Governance

    Bitgold can be used as the computing power of DPOS to protect the decentralization of the network. At the same time, it can also be used as a voting right for new proposals to govern the functions of the network.

Philosophy

The right starting point will lead to the right result!

  • The Trilemma Theory and Its Extension
    We often hear about the trilemma theory, which posits that “decentralization, economy, and efficiency” cannot be coordinated. This seems plausible, and on a 2D planar triangle, it can indeed be clearly illustrated. However, if we consider a broader perspective, the area of this triangle matters (where area represents “impracticality”。
  • Economic Effects and Environmental Protection
    To date, all social collaboration has trended toward globalization, from small-scale systems like banks’ SWIFT and transportation networks to large-scale ones like the internet, international organizations, and abstract standards/protocols.
  • Balancing Centralization and Decentralization
    After thousands of years of development, humanity has established centralized governance and management institutions at various levels, but these have also given rise to issues like abuse of power and single-point risks. With the internet, “information transparency” emerged for the first time in history.
  • Balancing Technological Innovation and Risk
    Scientific inventions and innovations consistently drive social progress, enhancing human capabilities, facilitating collaboration, and providing more material and spiritual resources.
  • World Diversity and Government Management
    On another level, Openverse does not advocate for a single global chain or protocol. To preserve world diversity while enabling low-cost, rational value exchange, Openverse proposes that the “value internet” should inherit the internet’s architecture of separating public and private domains, advocating “heterogeneous networks, unified protocols, and mutual communication.”

Our Partners