Categories: News

Openverse is a hub network based on blockchain technology

Openverse is a hub network based on blockchain technology. The most important ability is to realize “Value(Tokens/NFTs/Messages) transmission is just as simple as sending email” between the different metaverses and blockchains which joined in or connected with the openverse network.

 

The earliest idea of the Openverse project originated from Dr. Bright’s “Currency Public Issuance System” in 2014, which innovatively proposed a public competitive issuance mechanism for currency, Bitsecurity, and Bitcurrency. With the development of blockchain and Web3 technology, these ideas and designs are being put into practice in the main network and ecosystem of Openverse – we hope that Openverse will become a pioneer in the value internet.

In order to protect the environment and reduce Bitgold consumption, Openverse Network does not use the POW consensus mechanism but instead uses the DPOS consensus. Up to 100 verification nodes, as well as backup access nodes, will become the global Internet root server providing value. According to the Bitgold token allocation plan, creators and technical teams, civilian teams and institutions, and various sovereign countries will all become the owners of these root servers. Among them, sovereign countries can have 40 verification nodes, which will allow the entire value internet to be supervised and managed by the national government, with a weight of up to 40%.

 

Openverse is also an wide-open and ever-expanding infrastructure of inter-connected metaverses and blockchains, built for a decentralized future.

Media Contact:

Social media:

Contact :https://t.me/UtopiaLab
Company:Openverse Global
Website:https://openverse.network/
tiwtter:https://twitter.com/OpenverseGlobal


Information contained on this page is provided by an independent third-party content provider. eTrendystock make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact contact@etrendystock.com

KJW

Recent Posts

Polymarket Traders See 77% Chance of Spot Solana ETF Approval This Year

Traders on popular prediction market Polymarket are weighing in a 77% chance of a spot…

6 hours ago

This Week’s Top 10 Crypto Assets by Whale Transactions Reveal Market Sentiment

Whales’ behavior has shown a notable trend that may point to the short-term trajectory of…

1 day ago

XRP Search Interest Explodes Beyond BTC’s as Price Hits 7-Year High

The native token of the XRP Ledger has seen a massive price surge this this…

2 days ago

From Meme to Movement: MAGAVERSE Donates $1 Million to Support MAGA Initiatives

January 16, 2025, Washington, D.C., ZEX PR WIRE, MAGAVERSE, the trailblazing memecoin project, has made…

2 days ago

MAGAVERSE Sets New Standards with $1M Donation to Political Initiatives

MAGAVERSE, the trailblazing memecoin project, has made history with a stunning $1,000,000 donation to organizations…

2 days ago

Faunus Coin Listed on Global Exchange ‘BitMart’ on Jan. 20

"FNS Global Expansion Milestones...The Biggest Achievement" FNS, issued by the Faunus Global, a blockchain foundation…

2 days ago