🚀 Everscale and Venom development strategy 🐍

🛑 Everscale is as innovative a hub, as Ethereum, as the Linux kernel. It's the place where TVM technology is perfected

🛑 Everscale has contributions from all the market players that use this technology, including GOSH and Venom

🛑 Our goal is to rock the TVM technology. Everscale is becoming a «cradle» where innovations are flowing in. They will be tested at Everscale and then distributed on the TVM network

🛑 To launch a project in Venom, you have to go through UDL, get regulatory (ADGM) approval, and go through a number of other approvals. Everscale, on the other hand, gives you the ability to instantly launch a project without approvals. And as the project develops and builds up its audience, it is possible to approach the regulator with a presentation, discussing the entry of the project to the new, state level — already in the Venom network

🛑 Everscale acts as an «incubator» for Venom. This means a quick introduction to the technology with an influx of new users, developers, and liquidity

🛑 Everscale can be used by universities and academic developers as a resource for academic research and complex computing

🛑 Venom is a highly specialized, enterprise blockchain aimed at solving a specific government problem

🛑 Not all projects are ideologically suited to run in Venom. All high-risk projects (e.g., high-risk gaming) cannot be launched in Venom. Everscale, meanwhile, is limitless and agnostic — any project (except those that break the law) is welcomed in the network

🛑 With the arrival of Venom, Everscale now has a third dimension of scalability: in addition to sharding and adding workchains, it is now possible to build links between different zero-level blockchains. TVM networks can now complement each other and scale even more

🛑 Financial technology will evolve in tandem between Venom and Everscale: more experimental solutions will go to Everscale, and those that require regulation will go to Venom. This will encourage the emergence of strong players within this ecosystem

🛑 In Venom there will be an emphasis on developing Proof of Authority, in Everscale it will be Social Governance. The network is constantly moving in this direction, and in the future, Liquid Staking (stEVER) should become the standard type of staking on the network. At the moment, the technology is still being tested. When the tests are completed, it will become an open network protocol where any validator or cluster of validators can join staking

🛑 Decentralized storage will develop at the level of the TVM standard in two networks, but will be used for different purposes: for example, in Everscale, storage will be used for torrent-like approaches, and in Venom - for storing some credential artifacts, transactions, contracts

🛑 Decentralized gaming, social media — only in Everscale, Supply Chain — only in Venom. Meanwhile, crowdfunding, decentralized venture, investing, power, sustainability, environmental projects — co-development with the two networks

We thank Vladislav Ponomarev for the conversation.

#everscale #venom #tvm #everpoint #post