Odsy Network: Abbreviated Introduction
When it comes to access control, users have to choose between (a) the default decentralized access control, which, according to some, is poorly implemented in blockchains; and (b) centralized access control, which is more flexible and robust. There is also no decentralized solution that would allow the owner of a wallet the flexibility of programmable and stateful access control.
The Odsy Network introduces the concept of a dWallet, a new blockchain primitive that allows the generation of digital signatures corresponding to a public key while also adding a fully decentralized layer of a stateful and dynamic access control existing only in centralized solutions.
Even though the Odsy Network is claimed to fulfill all the requirements of being a generic layer-1 blockchain, it was not built to be such a generic blockchain. Details pertaining to the tech stack like consensus mechanism are yet to be released.
The Odsy Network’s native token, ODSY, has several utilities and a finite token supply.
The Odsy Foundation, developing and fostering the Odsy ecosystem, is located in Switzerland, one of the most blockchain-friendly countries in the world.
The Odsy Network’s co-founders have a strong technical background and crypto-focused experience. Multiple investors are also backing the project.
The mainnet is expected to be launched next year, and the long term plan is to do disruptive research with the goal of bringing into practice promising cryptography solutions.
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