Dear all,. We came to a high level conclusion on what direction we will take and what should be the expected outcome.
27 Oct 2021, 10:06
Dear all,
We came to a high level conclusion on what direction we will take and what should be the expected outcome. We want and need to position ourselves to have a solid place in this market, for long time. And also get value out of our technical research and development capabilities.
Our vision is that the future will be centered around business functional easy to use blockchain ecosystems and we have the technology and slowly the right partners from academic and blockchain environment to build one.
In the center of this ecosystem it will be our own blockchain – a proactive blockchain, with a new breed of smart contracts, proof of stake, extremely friendly to build on. We have the concept and we are in validation stage, which is the most difficult one. We are in process to validate this idea and if it will confirm in a reasonable percentage, it will be a big improvement in the industry.
We would like to build a strong connection with some industries, with big focus on gaming and any type of gamification.
The high level process
Until end of 2021
- Describe in all possible (at the moment) details the current strategy and all its components
- Start the work on the Sether 2.0 platform
Q1- Q2 2022
- blockchain concept validation & full technical papers release
- Sether 2.0 – business data orchestration – new technical architecture and prototype
- Website aggregating all information
- Organizing community and communication channels, including structured GitHub
Q3 2022
- Blockchain Testnet release
- Sether 2.0 – integrated
- Sether 2.0 – technology shared with partners which expressed the interest to build data oracles for betting industry and financial services
- Wallet
- Explorer
- Economic and governance model
Q4 2022/Q1 2023
- Blockchain Mainnet
- Consolidation of the ecosystem
- Validator program
- Swap
- Development kit for partners
We are working to start as early as possible with all the needed long term partners – academic, community, exchanges, technical incubators, etc. The initial infrastructure will be our own cloud infrastructure.
The existing Sether platform will continue to function on its current business role, until Sether 2.0 which has a wider coverage and impact will be fully accommodated.