Openverse Network is a Layer 0 hub network based on blockchain technology. Building upon existing blockchain frameworks, it introduces the concept of a “fully open protocol-based cross-chain” system. It aims to “make the transfer of value (tokens/NFTs/messages) between different blockchains and the traditional Internet as simple as sending an email. ”
The original concept of Openverse Network can be traced back to Dr. Bright’s 2014 publication, The Public Currency Issuance Mechanism. In this pioneering work, he introduced the innovative ideas of the Bitcurrency VRC10 Protocol, the Privcurrency VRC11 Protocol, the Bitsecurity VRC12 Protocol, and the PCIM (Public Currency Issuance Mechanism for Competitive Markets). Empowered by these protocols, Openverse Network builds upon existing EVM-compatible blockchains by adding a crucial segment for “the issuance, trading, and payment of Bitcurrency.” As blockchain and Web3.0 technologies continue to evolve, these concepts and designs are being progressively realized within the Openverse Network mainnet and its growing ecosystem. Our vision is for Openverse Network to become a trailblazer in the era of the Value Internet.
In order to protect the environment and reduce energy consumption, Openverse Network has adopted a Delegated Proof of Stake (DPOS) consensus mechanism instead of Proof of Work (POW). The network is capable of establishing thousands of validator nodes, along with standby access nodes, forming a global network of value-based internet root servers. According to the Bitgold native token distribution plan, core team, technical teams, community teams, institutions, and various government agencies will collectively become the custodians of these root servers.
Openverse Network is an open and continuously expanding value internet and blockchain infrastructure, designed as a global core for the decentralized future.
Web3 infrastructure
We are currently in an era of transition from a centralized internet (Web 2.0) to a decentralized Web 3.0. Under the concept of Web 3.0, the ownership of digital content created by users is clearly held and controlled by the users themselves, and the value generated will be distributed according to agreements made between the user and others. A global Web 3.0 infrastructure is required.
Blockchain exchange hub
Under the current circumstances, each blockchain network has formed its own ecosystem and small community, becoming isolated information islands. Many teams have already developed a large number of bridges and protocols to connect various blockchain networks. Based on this, we are advancing the next phase of research and development. Through cross-chain communication protocols, different blockchain networks can securely communicate with each other.
Value Internet and RWA
From 2020 to 2021, humanity entered the era of the information internet. The period from 2021 to 2040 will mark the era of the value internet. During this transition, all human value assets—such as bills, real estate, and rights—will be tokenized and NFTized to enter the value internet. Moreover, without the management of central institutions (such as governments), value creation, transfer, and destruction between entities will be realized. Openverse Network will serve as the underlying system of this value internet, similar to the internet’s root domain name server system. Bitcurrency, Bitsecurity, and NFTs will be the largest RWA technology carrying solutions in the world.
Artificial Intelligence and Silicon-based Networks.
In the era of silicon-based life, we need a platform that supports and facilitates collaboration for a silicon-based world. By integrating the value internet, we will establish standards and protocols for silicon-based life. This will enable global AI computing power, intelligent workforce (such as AI agents), hardware workforce (including various robots and intelligent vehicles), and software workforce to collaborate openly through the Openverse Network, utilizing its Layer 1 and Layer 2 networks and ecosystem.
At Openverse Network, we build the “Value Internet Infrastructure” based on the principles of “value at the core, unified standards, and complete openness.” Join our growing network and connect to the foundational infrastructure for human collaboration.
