Architecture
The end goal is to fully decentralize the system.
Decentralization as a goal.
Blockchain-based accounting system
Monetary transactions are being recorded on the Binance Smart Chain (BSC) from day one. (On a testnet during α and β part 1, and on the mainnet thereafter).
BUSD is cross-chain: and exists on three different blockchains: Ethereum (ERC20), BSC (BEP20) and Binance (BEP2). 20+ wallets and 36+ exchanges currently support BUSD.
Peer-to-peer content storage
Content is stored on a distributed peer-to-peer infrastructure based on the InterPlanetary File System (IPFS), wherein all community members become nodes.
📄 See dedicated document "Architecture-v1.0.6.pdf"
What will be decentralized in 2022
On-chain calculations will be centralized at the outset to allow faster iterations and fine-tuning of the algorithms. These will be decentralized and made public on-chain in 2022, and subject to the decisions of voting power holders in the DAO.
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