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Phase 1- Anchor

Overview

In the Anchor phase, the focus is on building a robust foundation for the Nibiru network in the real world using distributed ledgers, EVM, and account systems as the core blockchain infrastructure based on the Multi Proof of Stake (MPoS) consensus protocol. This foundation will serve as a solid anchor for the interaction between the virtual and real worlds in the subsequent phases.

Anchor Scope

1. Mainnet Beta 
The Nibiru Mainnet Beta marks the official establishment of the Nibiru Network's anchor points in both the real and virtual worlds.

2. MPoS Consensus Protocol 
MPoS is one of the four core consensus protocols of the Nibiru network. It is the fundamental protocol that ensures the decentralization, reliability, and security of the network. MPoS guarantees the uniqueness and immutability of all data in the network, providing foundational support for on-chain and off-chain business.

3. Nibiruscan Block Explorer 
Nibiruscan is the platform for data query and analysis of the Nibiru blockchain. Users can intuitively and quickly query various data saved in the Nibiru distributed ledger, including block height, transactions, addresses, contracts, validating nodes, etc.

4. Nibiru Dual Token Model 
The mainnet token of the Nibiru network is NBN. Service providers earn NBN incentives by participating in the MPoS, PoF, PoC, and PoV protocols to provide services to the network, while consumers burn NBN to earn Credit to purchase services in the Nibiru network ecosystem.

5. Smart Contracts 
The Nibiru Network is a layer-1 public blockchain. It provides powerful smart contract functionality and is fully compatible with the Ethereum Virtual Machine (EVM). It supports Ethereum tools and decentralized applications (dapps). This makes it easy for developers to migrate/deploy their projects from Ethereum. Users can enjoy the same dapp experience as Ethereum but at a much lower cost.

6. MPoS Delegation 
The MPoS protocol opens delegation staking to all validator nodes, allowing all token holders to vote and participate in consensus without running nodes. This allows more people to participate in the operation and maintenance of the network alongside validator nodes, while protecting the security of the network and sharing protocol rewards.

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