Source Chain - $SOURCE
A decentralized, public, permission-less network for cross-chain DeFi
Abstract
It is 2022 and even after 13 years since the inception of Bitcoin, there is still no question the crypto markets remain the Wild Wild West frontier for financial innovation and change. The race to build a safe, secure, and resilient “blockchain railroad” is still underway and while the dominant platforms such as Ethereum, Solana, Avalanche, and Polkadot are showing promise, the future is still uncertain as to who will become the “King” of smart contract protocols. Competition drives destruction and innovation for who will ultimately sit on the blockchain “Iron throne”, and there is a clear desire for developers to reveal who can be the most scalable, secure, decentralized, and resilient chain in the crypto space.
The multi billion dollar attack that caused the destruction and downfall of Terra LUNA, a top 10 ranking protocol, revealed that no blockchain is truly safe in 2022. The fragility of the space has been exposed, and threat models for top tier protocols must be re-evaluated. Should true solvency growth and a trusted asset backing model be integrated into a layer 1 blockchain and the supporting ecosystem that resides around it, it would have an exceptional competitive advantage as a top tier protocol. The $SOURCE blockchain and its supportive ecosystem within the Source Protocol, is being built and designed with this exact solution and growth model fused into its foundation.
Source Chain
Built in Cosmos SDK HUB, Source Chain ($SOURCE) is being developed as a unique and sovereign Proof of Stake (PoS) smartchain equipped with fast and efficient global payments, interoperability, and smart contract capabilities (cosmwasm).
$SOURCE will support the IBC-capable and interoperable zone within Source Marketplace to capture superior liquidity, among other future roadmap dApps and features for Source's ecosystem at large.
More information coming soon.
Copy link