BLOCKCHAIN | OVERTONMEME

OVERTON BLOCKCHAIN INFO COMING SOON

OVERTON BLOCKCHAIN

OVERTON IS A NEXT-GENERATION INNOVATIVE BLOCKCHAIN ECOSYSTEM THAT COMBINES CUTTING-EDGE TECHNOLOGIES TO DELIVER ULTRA-HIGH SPEED, SECURITY, SCALABILITY, AND ENERGY EFFICIENCY. THE PLATFORM WILL BE DEVELOPED BASED ON A HYBRID PROOF-OF-TRUST CONSENSUS, WHICH INTEGRATES THREE TYPES OF NODES: POS, ZK-ROLLUPS, AND POA. THIS ENABLES IT TO MEET THE NEEDS OF BOTH THE MASS MARKET AND CORPORATE AND REGULATED OPERATIONS.

PROJECT NAME: OVERTON BLOCKCHAIN ECOSYSTEM | A HYBRID-CONSENSUS INTEROPERABLE BLOCKCHAIN ECOSYSTEM

PHILOSOPHY: "PROOF-OF-TRUST: THE WEB3 INFRASTRUCTURE OF THE FUTURE"

KEY METRICS:

THROUGHPUT: UP TO 1,000,000 TPS
FINALITY: 2 SECONDS
QUANTUM-RESISTANT CRYPTOGRAPHY

PROJECT VISION & MISSION

VISION: TO CREATE AN ADVANCED BLOCKCHAIN ECOSYSTEM THAT INTEGRATES THE BEST TECHNOLOGIES TO DELIVER HIGH PERFORMANCE, SECURITY, AND CROSS-CHAIN INTEROPERABILITY, MEETING THE NEEDS OF BOTH THE MASS MARKET AND CORPORATE AND REGULATED OPERATIONS.

MISSION: TO PROVIDE A GLOBAL, SCALABLE, AND ENERGY-EFFICIENT PLATFORM THAT WILL BECOME THE FOUNDATION FOR NEW DIGITAL ECOSYSTEMS, ENSURING TRANSPARENCY, TRUST, AND INNOVATIVE OPPORTUNITIES FOR USERS, DEVELOPERS, AND CORPORATE PARTNERS.

PROBLEMS OF MODERN BLOCKCHAIN

1. SCALABILITY : EXISTING L1 NETWORKS (SUCH AS ETHEREUM, SOLANA) FACE A TRADE-OFF BETWEEN DECENTRALIZATION AND SPEED, LEADING TO DELAYS AND HIGH FEES.

A) THE FUNDAMENTAL LIMITATION OF THE BLOCKCHAIN TRILEMMA :

• CURRENT STATE : MOST BLOCKCHAINS SACRIFICE ONE OF THE THREE KEY ASPECTS: DECENTRALIZATION, SECURITY, OR SCALABILITY.
• ETHEREUM : DESPITE THE TRANSITION TO PROOF-OF-STAKE, THE BASE LAYER IS STILL LIMITED IN THROUGHPUT. HIGH GAS FEES (APPROXIMATELY $5-15 FOR A SIMPLE TRANSACTION, AND UP TO $100+ DURING PEAK LOAD) MAKE USING THE NETWORK ECONOMICALLY UNVIABLE FOR MANY USE CASES.
• SOLANA : ACHIEVES HIGHER THROUGHPUT, BUT VALIDATOR CENTRALIZATION (A FEW MAJOR PLAYERS CONTROL MOST OF THE NETWORK) AND FREQUENT NETWORK OUTAGES CAST DOUBT ON ITS RELIABILITY.

B) INSUFFICIENCY OF EXISTING SCALING SOLUTIONS :

• ROLLUPS : LIMITED BY THE THROUGHPUT OF THE UNDERLYING L1, COMPLEX TO IMPLEMENT, AND DO NOT ALWAYS PROVIDE FULL PRIVACY.
• SIDECHAINS : REQUIRE TRUST IN THEIR OPERATORS AND CAN BE VULNERABLE TO ATTACKS.
• SHARDING : DIFFICULT TO IMPLEMENT AND INCREASES THE RISK OF 51% ATTACKS ON INDIVIDUAL SHARDS.

C) IMPACT ON REAL-WORLD USE CASES :

• DEFI : HIGH FEES AND LOW THROUGHPUT LIMIT OPPORTUNITIES FOR MICROTRANSACTIONS AND REDUCE ARBITRAGE EFFICIENCY.
• NFTS : MINTING AND TRADING NFTS BECOME EXPENSIVE, HINDERING MASS ADOPTION.
• GAMING : ONLINE GAMES REQUIRE INSTANT TRANSACTION CONFIRMATION, WHICH IS IMPOSSIBLE ON MOST EXISTING BLOCKCHAINS.

• MICROPAYMENTS : CONTENT PAYMENTS, TIPS, AND OTHER MICROTRANSACTIONS BECOME PROHIBITIVELY EXPENSIVE DUE TO HIGH TRANSACTION COSTS.

• SOCIAL MEDIA : DECENTRALIZED SOCIAL PLATFORMS REQUIRE HIGH THROUGHPUT AND LOW TRANSACTION COSTS TO SUPPORT A LARGE USER BASE.

D) ECONOMIC CONSEQUENCES OF INSUFFICIENT SCALABILITY :

• LIMITS INNOVATION : HIGH TRANSACTION COSTS AND LOW THROUGHPUT HINDER THE DEVELOPMENT OF NEW BLOCKCHAIN-BASED APPLICATIONS AND SERVICES.
• INCREASES INEQUALITY : ACCESS TO BLOCKCHAIN BECOMES A PRIVILEGE FOR WEALTHY USERS, CONTRADICTING THE PRINCIPLE OF DECENTRALIZATION.
• SLOWS MASS ADOPTION : USERS AND COMPANIES ARE RELUCTANT TO ADOPT BLOCKCHAIN DUE TO ITS INEFFICIENCY AND HIGH COST.

2. INTER-NETWORK BARRIERS : THE LACK OF EFFECTIVE CROSS-CHAIN SOLUTIONS LIMITS INTERACTION BETWEEN DIFFERENT ECOSYSTEMS.

A) TECHNOLOGICAL INCOMPATIBILITY : BLOCKCHAINS OPERATE ON DIFFERENT PROTOCOLS (ETHEREUM EVM VS SOLANA SVM VS BITCOIN SCRIPT), MAKING THEM "DIGITAL ISLANDS". EXAMPLE: ERC-20 TOKENS CANNOT INTERACT DIRECTLY WITH SOLANA SPL OR BSC BEP-20 TOKENS.

B) LIMITED LIQUIDITY : NETWORK ISOLATION LEADS TO FRAGMENTED LIQUIDITY (UNISWAP DEX TVL: $4B VS PANCAKESWAP: $1.5B). USERS ARE FORCED TO USE CENTRALIZED EXCHANGES (CEX) FOR CONVERSION, LOSING UP TO 2-5% IN FEES AND SLIPPAGE.

C) SECURITY RISKS OF CROSS-CHAIN BRIDGES : IN 2024, HACKERS STOLE $1.8B THROUGH BRIDGE VULNERABILITIES (SOURCE: CHAINALYSIS). CENTRALIZED CUSTODIAL SOLUTIONS (WRAPPED BTC) CREATE SINGLE POINTS OF FAILURE.

D) HIGH TRANSACTION COSTS : CONVERTING ETH → SOL VIA A BRIDGE REQUIRES 3-5 STEPS WITH FEES UP TO $50. DELAYS OF UP TO 30 MINUTES DUE TO CONFIRMATION REQUIREMENTS IN BOTH NETWORKS.

3. HIGH ENERGY CONSUMPTION : POW NETWORKS CONSUME VAST AMOUNTS OF ENERGY, WHICH IS UNSUSTAINABLE IN THE LONG TERM. EXAMPLE: BITCOIN CONSUMES 127 TWH/YEAR (≈ NORWAY'S ENERGY CONSUMPTION).

A) PROOF-OF-WORK (POW) NETWORKS LIKE BITCOIN CONSUME ENORMOUS AMOUNTS OF ENERGY, MAKING THEM UNSUSTAINABLE IN THE LONG RUN. THIS IS A GROWING CONCERN FOR ENVIRONMENTALLY CONSCIOUS USERS, INVESTORS, AND REGULATORS.

B) ECONOMIC BURDEN : HIGH ENERGY CONSUMPTION LEADS TO SIGNIFICANT OPERATING EXPENSES FOR MINERS, WHICH CAN IMPACT THE OVERALL VIABILITY OF THE NETWORK, ESPECIALLY AS BLOCK REWARDS DIMINISH OVER TIME.

C) ENVIRONMENTAL IMPACT : THE DOCUMENT IMPLIES THE NEGATIVE ENVIRONMENTAL IMPACT ASSOCIATED WITH THE HIGH ENERGY CONSUMPTION OF POW NETWORKS, INCLUDING CARBON EMISSIONS AND THE POTENTIAL USE OF NON-RENEWABLE ENERGY SOURCES.

4. VULNERABILITY TO QUANTUM ATTACKS : MODERN CRYPTOGRAPHIC ALGORITHMS MAY BECOME OBSOLETE WITH THE ADVANCEMENT OF QUANTUM COMPUTING. SOME EXPERTS CONSIDER THE THREAT OF QUANTUM ATTACKS TO BE EXAGGERATED IN THE NEAR FUTURE, BUT STILL ADVOCATE FOR PREPARATION FOR A POST-QUANTUM WORLD. ECDSA AND RSA ALGORITHMS COULD BE BROKEN BY QUANTUM COMPUTERS BY 2030 (MIT STUDY, 2024).

A) QUANTUM COMPUTING AND CRYPTOGRAPHY :

• CURRENT STATE : MOST CRYPTOGRAPHIC SYSTEMS, INCLUDING THOSE USED IN BLOCKCHAINS (E.G., ECDSA IN BITCOIN), ARE VULNERABLE TO QUANTUM ATTACKS. QUANTUM COMPUTERS CAN SOLVE FACTORIZATION AND DISCRETE LOGARITHM PROBLEMS SIGNIFICANTLY FASTER THAN CLASSICAL COMPUTERS, POTENTIALLY ALLOWING THEM TO BREAK MODERN CRYPTOGRAPHIC ALGORITHMS.
• THREAT TO CRYPTOCURRENCIES : AN ESTIMATED 25% OF ALL BITCOINS (APPROXIMATELY 4 MILLION BTC) ARE POTENTIALLY VULNERABLE TO QUANTUM ATTACKS DUE TO THEIR USE OF ELLIPTIC CURVE SIGNATURE SCHEMES.
• CENTRALIZATION RISK : QUANTUM COMPUTERS COULD PROVIDE COMPUTATIONAL POWER THAT ENABLES CONTROL OVER A SIGNIFICANT PORTION OF THE NETWORK, POTENTIALLY LEADING TO CENTRALIZATION AND ENABLING 51% ATTACKS.

B) COMPLEXITY OF CRYPTOGRAPHIC UPGRADES :

• SCALE OF THE UPGRADE : TRANSITIONING TO POST-QUANTUM CRYPTOGRAPHIC ALGORITHMS REQUIRES UPDATING A VAST NUMBER OF ADDRESSES AND SMART CONTRACTS, WHICH IS A COMPLEX CHALLENGE FOR LARGE NETWORKS LIKE BITCOIN.
• DATA PRESERVATION : MALICIOUS ACTORS COULD COLLECT ENCRYPTED DATA NOW TO DECRYPT IT LATER WHEN QUANTUM COMPUTERS BECOME SUFFICIENTLY POWERFUL, CREATING A "HARVEST NOW, DECRYPT LATER" THREAT.

5. REGULATORY COMPLIANCE | LEGAL BARRIERS FOR RWA : THE LACK OF SPECIALIZED MECHANISMS FOR INTEGRATING CORPORATE AND REGULATED OPERATIONS. ASSET TOKENIZATION REQUIRES BESPOKE SOLUTIONS FOR EACH JURISDICTION (E.G., DIFFERENCES IN SECURITIES LAWS BETWEEN THE EU & THE USA).

A) COMPLEXITY OF ASSET TOKENIZATION :

• LEGAL BARRIERS : THE TOKENIZATION OF REAL-WORLD ASSETS (RWA) REQUIRES COMPLIANCE WITH VARYING LEGAL REQUIREMENTS ACROSS DIFFERENT JURISDICTIONS. FOR INSTANCE, COMPLIANCE WITH THE SEC IS NECESSARY IN THE USA, WHILE THE EU REQUIRES ADHERENCE TO MIFID II.
• LACK OF STANDARDIZATION : THERE IS NO SINGLE INTERNATIONAL STANDARD FOR RWA TOKENIZATION, COMPLICATING THE PROCESS FOR GLOBAL COMPANIES.

B) REGULATORY RISKS :

• NON-COMPLIANCE : VIOLATING LOCAL LAWS CAN LEAD TO FINES AND REPUTATIONAL DAMAGE. FOR EXAMPLE, IN 2024, THE SEC FINED SEVERAL COMPANIES FOR NON-COMPLIANCE IN ASSET TOKENIZATION.
• LACK OF CLEAR REGULATIONS : THE REGULATORY FRAMEWORK IS OFTEN UNCLEAR OR INCOMPLETE, MAKING IT DIFFICULT FOR COMPANIES TO UNDERSTAND HOW TO TOKENIZE ASSETS WITHOUT BREAKING THE LAW.

C) TECHNOLOGICAL LIMITATIONS :

• INTEGRATION COMPLEXITY : RWA TOKENIZATION REQUIRES INTEGRATION WITH TRADITIONAL FINANCIAL SYSTEMS, WHICH CAN BE TECHNICALLY CHALLENGING AND EXPENSIVE.
• DATA SECURITY : ENSURING THE SECURITY AND INTEGRITY OF DATA DURING TOKENIZATION IS A CRITICAL YET COMPLEX TASK.

6. MODULARITY AND SCALABILITY :

A) LIMITED MODULARITY - MONOLITHIC ARCHITECTURE : MOST BLOCKCHAINS ARE BUILT AS MONOLITHIC SYSTEMS, MAKING IT DIFFICULT TO UPGRADE OR REPLACE INDIVIDUAL COMPONENTS WITHOUT AFFECTING THE ENTIRE NETWORK. EXAMPLE: ETHEREUM – DESPITE ITS TRANSITION TO PROOF-OF-STAKE, ITS MONOLITHIC ARCHITECTURE COMPLICATES THE RAPID INTEGRATION OF NEW TECHNOLOGIES.

B) SCALABILITY - LIMITED THROUGHPUT : MOST BLOCKCHAINS CANNOT HANDLE HIGH TRANSACTION VOLUMES, LEADING TO DELAYS AND HIGH FEES. EXAMPLE: BITCOIN – LIMITED TO APPROXIMATELY 7 TRANSACTIONS PER SECOND, MAKING IT UNSUITABLE FOR MASS ADOPTION.

C) UPGRADE COMPLEXITY - HARD FORKS : PROTOCOL UPGRADES OFTEN REQUIRE HARD FORKS, WHICH CAN LEAD TO NETWORK SPLITS AND A LOSS OF USER TRUST. EXAMPLE: ETHEREUM CLASSIC AND ETHEREUM – A NETWORK SPLIT RESULTING FROM DISAGREEMENTS OVER A HARD FORK.

OVERTON'S SOLUTION

1. SCALABILITY | DYNAMIC HYBRID PROOF-OF-TRUST CONSENSUSY : OVERTON WILL SOLVE BLOCKCHAIN SCALABILITY BY OFFERING A HYBRID PROOF-OF-TRUST CONSENSUS THAT COMBINES HIGH THROUGHPUT, LOW ENERGY CONSUMPTION, AND FLEXIBILITY. THE INTEGRATION OF POS, ZK-ROLLUPS, AND POA ENSURES ULTRA-HIGH SPEED (UP TO 1,000,000 TPS), FAST FINALITY (2 SECONDS), AND TRANSACTION PRIVACY. THIS WILL MAKE THE NETWORK SUITABLE FOR A WIDE RANGE OF APPLICATIONS, INCLUDING DEFI, NFTS, GAMING, MICROPAYMENTS, AND SOCIAL MEDIA, WHILE ALSO UNLOCKING NEW POSSIBILITIES FOR GLOBAL DIGITAL INTERACTION AND FOSTERING MASS BLOCKCHAIN ADOPTION.

A) HYBRID CONSENSUS MODEL :

• PROOF OF STAKE (POS) : ENSURES HIGH TRANSACTION SPEED AND LOW ENERGY CONSUMPTION. DYNAMIC VALIDATOR SELECTION BASED ON REPUTATION AND PARTICIPATION HISTORY ENHANCES NETWORK DECENTRALIZATION AND RESILIENCE.
• ZK-ROLLUPS : PROVIDE HIGH THROUGHPUT AND COMPLETE DATA PRIVACY. THE IMPLEMENTATION OF ADAPTIVE AGGREGATION ALGORITHMS ALLOWS FOR DYNAMIC ADJUSTMENT OF ROLLUP SIZES BASED ON NETWORK LOAD.
• PROOF OF AUTHORITY (POA) : SPECIALIZED CORPORATE OR REGULATED NODES OVERSEE CRITICAL OPERATIONS, ENSURING REGULATORY COMPLIANCE. REGULAR CERTIFICATION OF AUTHORITY NODES USING DECENTRALIZED REPUTATION SYSTEMS INCREASES TRUST AND TRANSPARENCY.

B) TECHNICAL SPECIFICATIONS AND PERFORMANCE :

• THROUGHPUT : UP TO 1,000,000 TRANSACTIONS PER SECOND (TPS) ACHIEVED THROUGH PARALLEL TRANSACTION PROCESSING AND OPTIMIZED CONSENSUS ALGORITHMS.
• FINALITY : 2 SECONDS THANKS TO AN OPTIMIZED CONSENSUS PROTOCOL.
• ENERGY EFFICIENCY : REDUCES ENERGY CONSUMPTION BY 99% COMPARED TO PROOF-OF-WORK (POW) NETWORKS.

C) SCALING MECHANISMS :

• SHARDING : HORIZONTAL SCALING BY PARTITIONING THE BLOCKCHAIN INTO MULTIPLE SHARDS, EACH PROCESSING A PORTION OF TRANSACTIONS IN PARALLEL.
• SIDECHAINS : UTILIZES SIDECHAINS TO OFFLOAD THE MAIN NETWORK AND INCREASE OVERALL THROUGHPUT.

D) ECONOMIC INCENTIVES :

• ALIDATOR INCENTIVES : VALIDATORS RECEIVE FEES FOR PROCESSING TRANSACTIONS AND CREATING BLOCKS.
• GAS NFTS : USERS CAN PURCHASE NFTS THAT LOCK IN GAS FEES FOR 1 YEAR, ENSURING COST PREDICTABILITY AND INCENTIVIZING LONG-TERM NETWORK PARTICIPATION.

2. NEXT-GENERATION CROSS-CHAIN BRIDGES AND AI ORACLE : ENSURE SEAMLESS INTEROPERABILITY WITH OTHER LEADING NETWORKS AND OPTIMIZE TRANSACTION COSTS. OVERTON ELIMINATES CROSS-CHAIN BARRIERS THROUGH:

A) DECENTRALIZED ATOMIC SWAP 2.0 PROTOCOL WITH AI OPTIMIZATION : DIRECT ASSET EXCHANGE BETWEEN BLOCKCHAINS WITHOUT INTERMEDIARIES VIA SMART CONTRACTS. SUPPORTS 15+ NETWORKS (BITCOIN, ETHEREUM, SOLANA, TON, ETC.) AT LAUNCH.

B) AI ORACLE DYNAMIC ROUTING :

MACHINE LEARNING SELECTS THE OPTIMAL PATH FOR TRANSACTIONS BASED ON: ROUTE=MIN⁡(GASSOURCE+GASTARGETLIQUIDITYPOOL)ROUTE = \MIN\LEFT( \FRAC{GAS_{SOURCE} + GAS_{TARGET}}{LIQUIDITY_{POOL}} \RIGHT)ROUTE=MIN(LIQUIDITYPOOLGASSOURCE+GASTARGET)
REDUCES FEES BY 30-60% COMPARED TO ALTERNATIVES.

C) OVERTON INTEROP LAYER (OIL) | UNIFIED INTEROPERABILITY STANDARD : A UNIVERSAL API FOR DEVELOPERS SUPPORTING TOKENIZED ASSETS AND CROSS-CHAIN SMART CONTRACTS (FUNCTION CALLS BETWEEN ETHEREUM AND SOLANA), AS WELL AS AUTOMATIC METADATA CONVERSION (NFT ATTRIBUTES, ACCESS RIGHTS).

D) ENHANCED SECURITY :

BRIDGE MULTISIGNATURE VALIDATION : 7 OUT OF 10 DAO NODES MUST CONFIRM A TRANSACTION. A VALIDATOR REPUTATION SYSTEM WITH PENALTIES FOR FAULTS.
QUANTUM-RESISTANT HASH FUNCTIONS : SPHINCS+ AND XMSS ALGORITHMS FOR TRANSACTION SIGNATURES.

3. ENERGY EFFICIENCY : REDUCING ENERGY CONSUMPTION TO 1% OF POW NETWORK LEVELS. THE APPROACH TO ENERGY SAVING AND MODULARITY ALLOWS THE SYSTEM TO SCALE ACCORDING TO MARKET DEMANDS, BEING RELIABLE AND ENVIRONMENTALLY FRIENDLY.

HYBRID PROOF-OF-TRUST (POT) CONSENSUS : OVERTON WILL USE A HYBRID POT CONSENSUS MECHANISM AS ITS CORE SOLUTION. IT COMBINES THREE KEY COMPONENTS:

PROOF OF STAKE (POS) : POS SYSTEMS CONSUME SIGNIFICANTLY LESS ENERGY COMPARED TO POW. VALIDATORS ARE CHOSEN BASED ON THE NUMBER OF COINS THEY HOLD AND THEIR 'REPUTATION', RATHER THAN BY SOLVING COMPUTATIONALLY INTENSIVE PUZZLES.
ZK-ROLLUPS : A LAYER-2 SCALING SOLUTION THAT BUNDLES MULTIPLE TRANSACTIONS INTO A SINGLE PROOF, REDUCING THE LOAD ON THE MAIN CHAIN AND MINIMIZING ENERGY CONSUMPTION.
PROOF OF AUTHORITY (POA) : WHILE POA DOES NOT DIRECTLY CONTRIBUTE TO REDUCING ENERGY CONSUMPTION, IT CAN ENHANCE OVERALL EFFICIENCY BY UTILIZING A LIMITED NUMBER OF TRUSTED VALIDATORS, WHICH REDUCES COMPUTATIONAL OVERHEAD.

4. QUANTUM-HYBRID RESILIENT CRYPTOGRAPHY : OVERTON WILL ADDRESS THE VULNERABILITY TO QUANTUM ATTACKS BY IMPLEMENTING QUANTUM-HYBRID CRYPTOGRAPHY AND REGULAR KEY UPDATES. THIS ENSURES LONG-TERM SECURITY AND NETWORK RESILIENCE AGAINST FUTURE THREATS, WHICH IS PARTICULARLY CRUCIAL FOR LARGE BLOCKCHAIN ECOSYSTEMS.

A) POST-QUANTUM CRYPTOGRAPHY :

• ALGORITHM IMPLEMENTATION : USE OF QUANTUM-ATTACK-RESISTANT ALGORITHMS SUCH AS NTRU, SIDH, AND LWE TO PROTECT TRANSACTIONS AND DATA.
• QUANTUM-HYBRID PROTECTION : COMBINING TRADITIONAL CRYPTOGRAPHIC METHODS WITH POST-QUANTUM ONES TO ENSURE LONG-TERM SECURITY.
• CENTRALIZATION RISK : QUANTUM COMPUTERS COULD PROVIDE COMPUTATIONAL POWER THAT ENABLES CONTROL OVER A SIGNIFICANT PORTION OF THE NETWORK, POTENTIALLY LEADING TO CENTRALIZATION AND ENABLING 51% ATTACKS.

B) DYNAMIC KEY ROTATOR | AUTOMATIC UPDATES : REGULAR AUTOMATIC UPDATES OF CRYPTOGRAPHIC KEYS EVERY 12 MONTHS TO PREVENT THE ACCUMULATION OF ENCRYPTED DATA THAT COULD BE DECRYPTED IN THE FUTURE.

C) QUANTUM-RESISTANT HASH FUNCTIONS | SHA-512 IMPLEMENTATION : USE OF MORE SECURE HASH FUNCTIONS LIKE SHA-512 TO ENHANCE RESISTANCE AGAINST QUANTUM ATTACKS.
D) REGULAR SECURITY AUDITS | VULNERABILITY VERIFICATION : REGULAR SECURITY AUDITS USING EXPERTS AND AUTOMATED TOOLS TO IDENTIFY AND ADDRESS POTENTIAL VULNERABILITIES.

5. REGULATORY COMPLIANCE | LEGALLY ENFORCED RWA PROTOCOL : OVERTON WILL SOLVE THE CHALLENGES OF REGULATORY COMPLIANCE AND LEGAL BARRIERS FOR RWA BY OFFERING A COMPREHENSIVE SOLUTION THAT INCLUDES LEGALLY ENFORCEABLE TEMPLATES, REGULATORY COLLABORATION, AND TECHNOLOGICAL INTEGRATION. THIS ENABLES COMPANIES TO TOKENIZE ASSETS SECURELY AND IN COMPLIANCE WITH LOCAL LAWS, UNLOCKING NEW OPPORTUNITIES FOR GLOBAL FINANCIAL OPERATIONS.

A) LEGALLY ENFORCED RWA PROTOCOL :

• TEMPLATES FOR 200+ JURISDICTIONS : OVERTON PROVIDES PRE-BUILT LEGAL TEMPLATES FOR RWA TOKENIZATION, TAILORED TO THE REQUIREMENTS OF VARIOUS COUNTRIES AND REGIONS.
• AUTOMATED DOCUMENT GENERATION : SMART CONTRACTS AUTOMATICALLY GENERATE NECESSARY LEGAL DOCUMENTS (E.G., SALES AGREEMENTS) IN ACCORDANCE WITH LOCAL LAWS.

B) REGULATORY COLLABORATION :

• PARTNERSHIP WITH REGULATORY BODIES : COLLABORATION WITH REGULATORS (E.G., SEC, ESMA) TO ENSURE COMPLIANCE AND OBTAIN NECESSARY APPROVALS.
• REGULATOR-COMPLIANT SOLUTIONS : DEVELOPMENT OF SOLUTIONS THAT INHERENTLY ACCOUNT FOR EXISTING AND FUTURE REGULATORY REQUIREMENTS.

C) TECHNOLOGICAL INTEGRATION :

• API FOR TRADITIONAL SYSTEM INTEGRATION : OVERTON OFFERS APIS FOR INTEGRATING TOKENIZED RWAS WITH TRADITIONAL FINANCIAL SYSTEMS, SIMPLIFYING THE PROCESS FOR COMPANIES.
• DATA SECURITY : UTILIZATION OF ADVANCED CRYPTOGRAPHIC METHODS AND DECENTRALIZED STORAGE (E.G., IPFS) TO PROTECT DATA.

6. MODULARITY AND SCALABILITY : OVERTON WILL ADDRESS THE CHALLENGES OF MODULARITY AND SCALABILITY BY OFFERING A FLEXIBLE MULTI-LAYER ARCHITECTURE AND EFFICIENT SHARDING MECHANISMS. THIS ENABLES THE NETWORK TO QUICKLY ADAPT TO CHANGING MARKET DEMANDS AND TECHNOLOGICAL ADVANCEMENTS, ENSURING HIGH PERFORMANCE AND STABILITY FOR USERS.

A) MODULAR ARCHITECTURE - LAYERED STRUCTURE : OVERTON IS BUILT AS A MULTI-LAYER SYSTEM WHERE EACH LAYER CAN BE UPDATED INDEPENDENTLY OF OTHERS. EXAMPLE: THE CONSENSUS LAYER CAN BE UPGRADED FROM POS TO POT WITHOUT AFFECTING OTHER COMPONENTS.

B) SCALABILITY THROUGH SHARDING :

• HORIZONTAL SCALING : THE NETWORK IS PARTITIONED INTO SHARDS, EACH PROCESSING A PORTION OF TRANSACTIONS IN PARALLEL, ENABLING THROUGHPUT OF UP TO 1,000,000 TPS.
• DYNAMIC SHARDING : AUTOMATIC LOAD DISTRIBUTION BETWEEN SHARDS BASED ON CURRENT NETWORK ACTIVITY.

C) ZK-ROLLUPS FOR ACCELERATION - TRANSACTION AGGREGATION : UTILIZING ZK-ROLLUPS TO AGGREGATE TRANSACTIONS AT LAYER 2, REDUCING THE LOAD ON THE MAIN NETWORK AND INCREASING PROCESSING SPEED. EXAMPLE: PROCESSING 1 MILLION TRANSACTIONS IN A SINGLE PROOF, WHICH REDUCES FEES AND CONFIRMATION TIME.

D) SOLUTION ADVANTAGES :

• FLEXIBILITY AND MODULARITY : ENABLES COMPONENTS TO BE UPDATED OR REPLACED WITHOUT IMPACTING THE ENTIRE NETWORK, ACCELERATING THE ADOPTION OF NEW TECHNOLOGIES.
• HIGH SCALABILITY : DELIVERS HIGH THROUGHPUT AND LOW FEES, MAKING THE NETWORK SUITABLE FOR MASS ADOPTION.

• SIMPLIFIED UPGRADES : ELIMINATES THE NEED FOR HARD FORKS, PRESERVING NETWORK INTEGRITY AND USER TRUST.

OVERTON CONCEPT & ARCHITECTURE

HYBRID "PROOF-OF-TRUST" CONSENSUS

OVERTON WILL EMPLOY A HYBRID MODEL COMPRISING THREE KEY COMPONENTS :

1) PROOF OF STAKE (POS) - VALIDATORS :

FUNCTION : VALIDATORS FINALIZE BLOCKS, ENSURING HIGH TRANSACTION SPEED AND RECEIVING FEES AS REWARDS.
ADDITIONAL DETAILS : SUPPORTS DYNAMIC VALIDATOR SELECTION BASED ON THEIR REPUTATION AND HISTORICAL PERFORMANCE, ENHANCING NETWORK DECENTRALIZATION AND RESILIENCE. DELIVERS HIGH TRANSACTION SPEED, LOW ENERGY CONSUMPTION (99% LOWER THAN BITCOIN), AND A HIGH DEGREE OF DECENTRALIZATION FOR COMMERCIAL AND PUBLIC NETWORKS.

SOLUTION ADVANTAGES :

A) HIGH PERFORMANCE :

• PROVIDES HIGH THROUGHPUT AND LOW TRANSACTION COSTS, MAKING THE NETWORK SUITABLE FOR LARGE-SCALE COMMERCIAL AND FINANCIAL APPLICATIONS.
• SUPPORTS MICROPAYMENTS AND COMPLEX SMART CONTRACTS.

B) ENVIRONMENTAL SUSTAINABILITY :

REDUCING ENERGY CONSUMPTION BY 99% COMPARED TO PROOF-OF-WORK NETWORKS MAKES OVERTON AN ENVIRONMENTALLY SUSTAINABLE SOLUTION.
COMPLIANCE WITH ESG (ENVIRONMENTAL, SOCIAL, AND GOVERNANCE) PRINCIPLES ATTRACTS ENVIRONMENTALLY CONSCIOUS USERS AND INVESTORS.

C) FLEXIBILITY AND ADAPTABILITY :

MODULAR ARCHITECTURE AND SHARDING ENABLE EASY CAPACITY INCREASE AS LOAD GROWS.
ABILITY TO CUSTOMIZE NETWORK PARAMETERS FOR VARIOUS USE CASES.

2. ZK-ROLLUPS - AUDITORS :

FUNCTION : AGGREGATE AND VALIDATE TRANSACTIONS USING ZERO-KNOWLEDGE PROOF TECHNOLOGY, ENSURING NOT ONLY HIGH THROUGHPUT (UP TO 1,000,000 TPS) BUT ALSO COMPLETE DATA PRIVACY.
ADDITIONAL DETAILS : IMPLEMENTS ADAPTIVE AGGREGATION ALGORITHMS THAT DYNAMICALLY ADJUST ROLLUP SIZES BASED ON NETWORK LOAD.

3. PROOF OF AUTHORITY (POA) - AUTHORITY NODES :

FUNCTION : SPECIALIZED CORPORATE OR REGULATED NODES (E.G., PARTICIPANTS SUCH AS UNICEF) OVERSEE CRITICAL OPERATIONS TO ENSURE REGULATORY COMPLIANCE.
ADDITIONAL DETAILS : REGULAR CERTIFICATION OF AUTHORITY NODES USING DECENTRALIZED REPUTATION SYSTEMS, ENHANCING TRUST AND TRANSPARENCY.

ADDITIONAL KEY TECHNOLOGIES

CROSS-CHAIN BRIDGES : ENSURE COMPATIBILITY AND INTEGRATION WITH LEADING BLOCKCHAIN NETWORKS (SUCH AS BITCOIN, ETHEREUM, SOLANA, AND OTHERS). THIS ENABLES THE TRANSFER OF ASSETS AND DATA BETWEEN NETWORKS, EXPANDING THE ECOSYSTEM AND ENSURING CROSS-CHAIN LIQUIDITY.

CROSS-CHAIN AI ORACLE FOR INTEROPERABLE COMMUNICATION : AUTOMATIC INTER-NETWORK ARBITRAGE. GAS FEE PREDICTION VIA MACHINE LEARNING. UTILIZATION OF ML TO FORECAST GAS FEES AND OPTIMIZE TRANSACTION ROUTING BETWEEN NETWORKS.

QUANTUM-RESISTANT CRYPTOGRAPHY : IMPLEMENTATION OF LATTICE-BASED CRYPTOGRAPHY TO PROTECT TRANSACTIONS AGAINST FUTURE QUANTUM ATTACKS. PERIODIC UPDATES OF CRYPTOGRAPHIC PROTOCOLS WITH CAPABILITY TO "SWITCH" TO NEW STANDARDS. ENSURES SYSTEM FLEXIBILITY AMID QUANTUM TECHNOLOGY ADVANCEMENTS. PREPARES THE NETWORK FOR LONG-TERM CHALLENGES AND ENHANCES SECURITY LEVELS.

RWA PROTOCOL FOR ASSET TOKENIZATION | LEGALLY ENFORCED RWA : LEGALLY SUPPORTED TOKENIZATION OF REAL-WORLD ASSETS (RWA) USING TEMPLATES FOR 200+ JURISDICTIONS. ENABLES CREATION OF PHYSICALLY-BACKED STABLECOINS (OVER-RESERVE).

GAS NFTS : INNOVATIVE TECHNOLOGY ALLOWING USERS TO LOCK IN TRANSACTION GAS FEES FOR A SPECIFIC PERIOD. IMPLEMENTED THROUGH SPECIALIZED NFTS CONTAINING FIXED FEE INFORMATION AND USAGE RIGHTS. ENSURES COST PREDICTABILITY AND CREATES ADDITIONAL VALUE FOR COLLECTORS. MAKES THE NETWORK MORE ATTRACTIVE FOR FREQUENT USERS AND BUSINESSES. CREATES NEW MARKET FOR NFT TRADING.

ENERGY EFFICIENCY : THROUGH USE OF HYBRID POT (PROOF-OF-TRUST) MODEL AND OPTIMIZED TRANSACTION PROCESSING ALGORITHMS. REDUCES ENERGY CONSUMPTION BY 99% COMPARED TO TRADITIONAL POW NETWORKS. MAKES OVERTON AN ENVIRONMENTALLY SUSTAINABLE SOLUTION.

HIGH PERFORMANCE AND FINALITY : INITIAL NETWORK CAPACITY OF UP TO 1,000,000 TX/S (TPS). 2-SECOND CONFIRMATION FINALITY. SUITABLE FOR LARGE-SCALE COMMERCIAL AND FINANCIAL APPLICATIONS.

MODULAR ARCHITECTURE AND SHARDING : SUPPORTS HORIZONTAL SCALING THROUGH SHARDING AND PARALLEL TRANSACTION PROCESSING. ENABLES EASY CAPACITY EXPANSION DURING LOAD INCREASES. ENSURES NETWORK ADAPTABILITY TO GROWING DEMANDS.

"INTERNET OF VALUE" : A REVOLUTIONARY CONCEPT THAT INVOLVES CREATING A DECENTRALIZED NETWORK WHERE EVERY ASSET, WHETHER DIGITAL OR PHYSICAL, IS REPRESENTED BY A LEGALLY BINDING TOKEN. THE INTERNET OF VALUE COMBINES ASSET TOKENIZATION, NON-FUNGIBLE DIGITAL IDENTIFIERS, AND AI-POWERED PROCESS AUTOMATION. THIS ENABLES THE CREATION OF A DECENTRALIZED, TRANSPARENT, AND SECURE VALUE MANAGEMENT SYSTEM WHERE USERS HAVE FULL CONTROL OVER THEIR DATA AND ASSETS.

A) ASSET TOKENIZATION :

• LEGALLY BINDING TOKENS : ANY ASSET, FROM TWEETS TO REAL ESTATE, CAN BE REPRESENTED AS A TOKEN WITH LEGAL FORCE AND RECOGNITION. THIS SIMPLIFIES ASSET EXCHANGE AND MANAGEMENT BY ELIMINATING INTERMEDIARIES AND REDUCING TRANSACTION COSTS.
• EXAMPLE : A PROPERTY OWNER CAN TOKENIZE THEIR APARTMENT BY DIVIDING OWNERSHIP RIGHTS INTO 1,000 TOKENS, ALLOWING INVESTORS TO PURCHASE FRACTIONAL SHARES OF THE REAL ESTATE WITHOUT NEEDING TO BUY IT OUTRIGHT.

B) SOULBOUND NFT :

NON-TRANSFERABLE DIGITAL IDENTIFIERS : USERS OWN THEIR DATA THROUGH SOULBOUND NFTS, WHICH ARE BOUND TO THEIR DIGITAL IDENTITY AND CANNOT BE TRANSFERRED TO OTHERS. THIS ENSURES CONTROL OVER PERSONAL DATA AND DIGITAL ASSETS.
EXAMPLE : A USER CAN UTILIZE A SOULBOUND NFT AS A DIGITAL PASSPORT, VERIFYING THEIR IDENTITY AND RIGHTS TO SPECIFIC ASSETS.

C) AI AGENTS :

PROCESS AUTOMATION : AI AGENTS ARE INTEGRATED INTO THE NETWORK TO AUTOMATE INVESTMENTS, LEGAL PROCESSES, AND CYBERSECURITY. THIS HELPS STREAMLINE OPERATIONS, REDUCE RISKS, AND ENHANCE THE EFFICIENCY OF ASSET MANAGEMENT.

EXAMPLE : AN AI AGENT CAN ANALYZE MARKET DATA AND AUTOMATICALLY ADJUST A USER'S INVESTMENT PORTFOLIO TO MINIMIZE RISKS AND MAXIMIZE RETURNS.