L1 Blockchain
IN PRODUCTION
Build safe, simple and secure open metaverse applications.
A critical foundation responsible for maintaining the integrity of the ledger, validating transactions and executing the magic of smart contracts, our Layer 1 blockchain is designed to deliver a seamless user experience for metaverse applications.
Build safe, simple and secure open metaverse applications.
A critical foundation responsible for maintaining the integrity of the ledger, validating transactions and executing the magic of smart contracts, our Layer 1 blockchain is designed to deliver a seamless user experience for metaverse applications.
KEY FEATURES
Designed to make onboarding new users easy and safe.
Built-in functionality that enhances interoperability.
Proof-of-stake consensus for efficiency and performance.
Optimized for streamlined identity and asset management.
Integrated EVM
IN PRODUCTION
Use best-in-class smart contracts on The Root Network.
Integrated EVM provides full support for Solidity smart contracts, enabling any code previously written for Ethereum to run natively on The Root Network.
Use best in class smart contracts on The Root Network.
Integrated EVM provides full support for Solidity smart contracts, enabling any code previously written for Ethereum to run natively on The Root Network.
The EVM integration provides the broadest possible support for smart contracts, DApps and existing Ethereum-based asset collections. Interoperable development begins by enabling developers to easily port Ethereum functionality to The Root Network with bi-directional communication.
Integrated EVM allows developers to extend on The Root Network functionality by deploying their own smart contracts. Our EVM implementation allows deep connectivity to the native runtimes on ROOT for enhanced developer and user experience.
On-Chain Assets
IN PRODUCTION
Create digital assets with industry-leading standards for an enhanced user experience.
Create digital assets and tokens that can be used and exchanged across different applications, experiences and destinations in the open metaverse.
Build digital assets using industry leading standards to enhance the user experience.
Create digital assets and tokens that can be used and exchanged across different applications, experiences and destinations in the open metaverse.
Our on-chain protocols support existing industry standards such as ERC-20 ERC-721 and XLS-20, ensuring that digital assets remain compatible with a diverse range of metaverse applications and experiences. However, we provide additional functionality and enhanced user experience by connecting these to our in-chain runtimes. By leveraging these common standards, we promote seamless interoperability across the entire web3 ecosystem, providing users with a unified and frictionless experience.
In-Chain Exchange
IN PRODUCTION
Build liquidity pools across the network.
With the In-Chain Exchange, developers can create liquidity for their digital assets without having to deploy code. Trade assets, build liquidity pools, and launch token price discovery without having to deploy smart contract code.
On-Chain Collectibles Protocol
IN PRODUCTION
Create and trade digital collectibles without the need for smart contract code.
Create and trade digital collectables quickly and easily with network-enforced royalties. The Root Network’s built-in digital collectables protocol allows users to create new collectables and collections without having to deploy smart contracts.
Create and trade digital collectibles without the need for smart contract code.
Create and trade digital collectables quickly and easily with network-enforced royalties. The Root Network’s built-in digital collectables protocol allows users to create new collectables and collections without having to deploy smart contracts.
The protocol enforces royalties at the transaction layer so creators are properly compensated. Using the in-chain protocol enhances interoperability by having a uniform approach to how tokens are created.
Efficient Staking Protocol
IN PRODUCTION
Help provide infrastructure and security to The Root Network.
The interoperable open metaverse is fueled by The Root Network community where anyone can run a node or stake ROOT to participate.
Help provide infrastructure and security to The Root Network.
The interoperable open metaverse is fueled by The Root Network community where anyone can run a node or stake ROOT to participate.
The network is powered by industry leading proof-of-stake consensus with validators selected to forge new blocks based on their respective stake in the ecosystem.
This energy efficient form of network security combines high performance with low impact on the planet. The network’s native token, ROOT, serves as collateral for those who want to participate in creating new blocks.
Forms of block rewards
10% of the ROOT tokens will be distributed to validators and stakers over the first 5 years as an initial bootstrap pool.
GAS spent in the network is distributed to block producers (validators).
Validators who stake ROOT will earn rewards from various network runtime activities. Including:
NFT trading fees from the Non-Fungible Asset runtime.
Trading fees for the DEX and the GAS Fee Exchange.
Trading fees for the DEX and the GAS Fee Exchange.
XRPL Integration
IN PRODUCTION
Leverage XRP in smart contracts on The Root Network.
We have a bridge from XRPL to The Root Network so XRPL users can use XRP or other tokens on XRPL on The Root Network. The Root Networks default GAS token and block rewards token is XRP. The XLS 20 NFT standard is implemented in The Root Network for compatibility with XRPL and ported the XLS 20 standard to the EVM.
On Chain Governance
IN DEVELOPMENT
Actively participate in the evolution of The Root Network.
The Root Network supports native on-chain governance, which gives token holders the ability to vote on decisions on the network. Once live, the community will be able to make proposals and vote on changes to the protocols and network.
Asset Registry
IN PRODUCTION
Enhance interoperability for metaverse assets.
The Asset Registry platform and tooling will assist builders in defining digital assets to ensure their compatibility with a wide range of applications in the open metaverse.
Context
Currently assets are quite linear, they have one metadata file that describes what it is and there is no way of creating connections between assets in an interoperable way. The Asset Registry allows the creation of relationships between assets enabling us to create richer applications while still adhering to web3 design principals such as:
- Consistency
- Data transparency
The Asset Registry platform is split into three pieces, the Asset Registry Core, the Asset Registry API and the Schema Management system that sits on top for validation and the main enabler of interoperability.
A good understanding of blockchain technology will help you comprehend how it works.
Asset Registry Core
The Core enables a blockchain like transaction experience but with performance afforded by not requiring network consensus. A user is able to build relationships between assets using Asset Linking which are explicitly created and deleted via a signed Asset Registry Transaction. Transactions can succeed or fail and will emit an events accordingly. We have built infrastructure to query transactions and a block explorer could effectively be built on top of this data.
Why transactions? Good question!
- Users need to make decisions which can be authenticated by their identity.
- Actions also need to be changed together in a logical order to ensure the changes to state are consistent.
Those are the same reasons blockchains are so good at what they do, every single state change is chained together in a consistent fashion. So why reinvent the wheel? All our users already have wallets, so lets leverage that, and yes delegated signing is also something we have thought about.
No consensus...how do I trust it? Unlike a regular blockchain (with consensus), which allows you to create assets that have a value attached to it, the Asset Registry is not burdened by such a task. It does not manipulate ownership of assets, instead it relies on on-chain activities for this. Since there is no direct value attached to the links created by the Asset Registry there is no requirement for high trust when handling a user's assets. Applications may put value in the asset links, however, a risk evaluation must be done based on the use of a centralised product, which we typically do with web2 services.
Asset Registry API
The Asset Registry API is used to interact with the Asset Registry Core and the Schema Management system. The API is utilized by users to submit transactions to the Asset Registry Core, query transaction results and most importantly view the Asset Tree. Schema creation and registration also occurs via this service, therefore, admin level interactions by asset creators occur here.
Schema Management
Schemas merely describe data. We aren't doing anything special here. There is also no requirement to use our Schema Management service, you can host your own schemas anywhere you like.
Our schema management system is built to create an easy on-boarding experience for asset creators. They are built using TTL (pronounced 'turtle') files and implement the SHACL shape schema to describe assets and their relationships.
The system handles hosting of schemas on a domain under the relevant namespaces. Asset Creators can create schemas to describe the assets and the Schema Management system will stitch together multiple schemas on the same namespace. This will be used by people and machines to validate data outputted by systems.
What can it do?
- Create Asset Linking between assets that are either On-Chain Assets or Off Chain Assets
- Generate an Asset Tree describing the links
- Emit events based on changes on the Asset Registry
- Applications can subscribe to changes on the Asset Registry
Comms, Social + Data Protocol
IN DEVELOPMENT
Create rich social experiences by adding user-owned data to your application.
Power user-owned data, social media experiences and application data with our Social Data Protocol. The Root Network's SYLO social data protocol expands on the decentralized communications mission for SYLO and adds a range of new graph-based features to support data interoperability, social networking and storage capabilities for metaverse applications
Bring your game, metaworld or digital experience to life with AI agents that players and users can own.
The Root Network is equipped with a native protocol for the ownership of AI powered collectables. The Root Network's Altered State Machine AI protocol allows metaverse builders to create applications and experiences powered by AI agents that are ownable and tradable by their owners.
The Next Legends
Coach your own AI boxer to become the next legend of the open metaverse.
The next legends Website