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cryptotechguru / EDENomicon

https://nomicon.edenprotocol.io/
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Support Additional Blockchains for XID tracking #56

Open Flaxscrip opened 2 years ago

Flaxscrip commented 2 years ago

"What blockchain will the EDA project use to authorize their assets? Metatron currently supports BTC and TESS, but will we need to integrate another one?" Originally posted by @macterra in https://github.com/cryptotechguru/EDENomicon/issues/55#issuecomment-932984556

It is my opinion that we can conduct the Pilot using BTC and TESS. Each organization that joins the network will likely have a different preference. There are already requests for POS blockchains. Cardano, EOS, Polkadot have already been mentioned in EDA calls.

I believe that we can successfully execute our plan with BTC (for those wanting true security) and TESS (for those wanting to join and try the solution at little/no "crypto" costs).

Flaxscrip commented 2 years ago

There will be multiple networks involved in a final solution:

  1. The Metatron xid ledger (currently BTC or TESS)
  2. The data record ledger (Filecoin)
  3. The NFT exchange ledger (could be any network)

The pilot will exercise control transfer of a data asset using Metatron + Filecoin.

Support for NFT exchange on "any" network will rely on Filecoin's existing integrations with other networks like Polkadot, Cardano, Ethereum, etc.

We also will need to consider Chainlink and the data oracle model as a way to avoid having to integrate with every possible blockchain. Chainlink Oracle design and implementation is NOT in the current scope (it was replaced by Filecoin integration). This will likely be the next feature we implement after the pilot.