✅Omni-Chain

The protocol becomes omni-chain, by default, utilizing the XRC-20 token standard to enable seamless cross-chain capabilities and bridge agnostic.

Security and Reliance on Vialabs

For implementing cross-chain capabilities and seamless token management, we will be relying heavily on the infrastructure provided by Vialabs.

Vialabs offers robust solutions that meet our interoperability needs and are known for their reliability and efficiency in handling multi-chain operations.

However, to ensure the highest level of security, we implement additional security layers on top of Vialabs' infrastructure.

This includes comprehensive risk assessments, regular audits, and incorporating advanced cryptographic techniques that further protect our assets against potential breaches. By combining Vialabs' capabilities with our enhanced security measures, we create a resilient framework that safeguards our protocol and ensures smooth and secure transactions across chains.

These aspects form the core components of our reliance on our partner solutions.

• Interoperability Efficiency: Known for high transaction throughput, minimal latency, and seamless chain-agnostic operations, Vialabs ensures smooth connectivity across multiple blockchain platforms.

• Security Record: Boasting an impeccable security track record, Vialabs employs advanced cryptographic measures to prevent breaches and safeguard assets.

• Scalability: Capable of handling an ever-growing number of transactions without compromising on performance, supporting the dynamic needs of expanding blockchain networks.

• Uptime: Maintains an impressive 99.99% uptime, ensuring uninterrupted service and continuous operation of cross-chain functionalities.

Omni-chain tokens

Debt Token (bitUSD) and Global Governance Token (bitGOV) will be cross-chain and upgradable to adapt to future needs. Both tokens will use the UUPS Proxy (ERC-1822) because it is the most recommended for proxy implementations, is more flexible, lighter and thus consumes less gas during deployment and usage.

Debt Token (bitUSD)

• XERC-20 compatible

• Flash loans functionality enabled

• UUPS Proxy (ERC-1822)

• Have same address across all chains

• Secrecy? (In other chains this doesn’t make sense)