Openverse Network BTG: Building the Value Internet

Imagine a world where value — not just data — flows as freely as sending an email. That’s the bold vision behind Openverse Network (BTG). As a Layer‑0 infrastructure, Openverse Network isn’t just another blockchain. It serves as the root system for a “Value Internet,” enabling seamless value transfer (tokens, NFTs, messages) across chains and even into the traditional web.

With its ultra-high performance (300,000+ TPS) and near-instant confirmations, the network feels more like Web 2 than legacy blockchain. Backed by its native asset Bitgold (BTG), Openverse Network unlocks a whole asset universe from stablecoins (Bitcurrency) to corporate tokens (Privcurrency) to real-world securities (Bitsecurity). Whether you’re a builder, investor, or curious explorer, diving into Openverse Network means tapping into a foundational layer that could reshape how value is created, shared, and governed.

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What Is Openverse Network?

Openverse Network is a Layer‑0 blockchain infrastructure purpose‑built for interoperability. Rather than being just another Layer-1 chain, it positions itself as the foundational “root” system — connecting multiple blockchains, metaverses, and even Web‑2 systems into a unified Value Internet.

The “Value Internet” Concept

At the heart of Openverse Network is its vision of a Value Internet — a network where value (in the form of tokens, NFTs, or messages) can flow as freely across chains as data does on the traditional internet. Instead of isolated blockchain “islands,” Openverse Network treats blockchains as interoperable applications. This means you could, in theory, transfer value between blockchains as simply as sending an email.

To make this possible, Openverse Network introduces several protocol standards:

• VTP (Value Transfer Protocol) — for explicit value routing across networks
• IBC (Inter-Blockchain Communication) — a protocol that supports secure, cross-chain data and token transfers
• ONS (Open Name Service) — a naming system that maps human-readable names to on-chain identities
• UID (Universe Identification) — a unified account standard for IBC-enabled chains

High Throughput and Performance

One of the most striking technical specs of Openverse Network is its performance: the mainnet claims over 300,000 transactions per second (TPS). Such throughput is made possible by several architecture decisions: they pipeline transaction validation, signature checking, and execution in parallel, and also logically “shard” value lanes (e.g., separate channels for different token‑types) instead of fixed shards.

Blocks on Openverse are produced extremely quickly — the block cycle time is 0.38 seconds (i.e., a new block every 380 ms), according to the network’s own parameters. This fast block time translates into single-block confirmation, meaning transactions can be confirmed within a second.

Gas fees are also very low: the network reports a gas cost of 0.000005 BTG per transaction, making operations on Openverse Network nearly negligible in cost.

Consensus Mechanism: DPoS + Proof of History

Openverse combines Delegated Proof of Stake (DPoS) with Proof of History (PoH) to strike a balance between speed, efficiency, and security.

• DPoS: Validators are elected via stake (Bitgold is the native token staked in this process), and delegators can support validators by delegating their stake. This model helps keep consensus lightweight and scalable.
• Proof of History (PoH): Borrowed from Solana, PoH provides a cryptographically verifiable sequence of events. This timestamping mechanism means validators can agree on the order of transactions efficiently, without excessive communication overhead.
• Together, DPoS + PoH gives Openverse incredibly low block times, high throughput, and strong finality — all while keeping fees minimal and the network lean.

Openverse Network is more than just another blockchain — it aims to be the root infrastructure for a Value Internet, where value moves freely across chains, metaverses, and applications. Its high-performance design, with 300,000+ TPS and 0.38‑second block cycles, paired with a hybrid DPoS + PoH consensus, gives it the technical backbone to support large-scale, real‑world value applications. With interoperability protocols like VTP and IBC, combined with identity solutions like ONS and UID, Openverse Network is building a foundational layer that could enable seamless, cross‑chain value transfer like never before.

Key Protocols & Technology in Openverse Network

Openverse Network is powered by a suite of protocols and technologies designed to support its ambitious vision of a Value Internet — where value (tokens, NFTs, messages) flows freely and seamlessly across networks.

Value Transfer Protocol (VTP)

• At the heart of Openverse’s interoperability stack is the Value Transfer Protocol (VTP), their standard for value movement. According to Openverse Network, VTP is designed to be the “TCP/IP” of tokens and value — a protocol that standardizes how value is transferred across networks in the Value Internet.
• VTP aims to define explicit value‑exchange semantics, meaning any asset (token, NFT, or even “message-value”) can be routed in a unified, protocol-based way between chains.
• In effect, VTP enables value to be “addressed” in a protocol‑native manner (e.g., using URIs like vtp://…) so that networks can interoperate without relying purely on bridges.

Inter‑Blockchain Communication (IBC)

• Openverse implements IBC (Inter‑Blockchain Communication) to enable cross‑chain interoperability. IBC in Openverse Network consists of a Transport, Authentication & Ordering (TAO) layer plus an application layer, which together establish secure channels for data and value transfer.
• On the application layer, Openverse Network supports a variety of cross-chain use cases: token transfers, interchain accounts (call delegation), NFT movement, or even oracle data feeds.
• By using IBC, Openverse Network avoids bridge‑only models and instead builds a more robust, protocol-based cross-chain foundation.

Open Name Service (ONS)

• To make cross-chain interactions more user-friendly, Openverse Network introduces the Open Name Service (ONS). This is similar in spirit to DNS on the traditional internet: it assigns human-readable names to blockchains, metaverses, or other on‑chain entities.
• With ONS, users don’t have to deal with long, complex addresses — they can use names that are easy to remember, improving usability across the Value Internet.
• This naming system helps simplify interactions: when you send value across chains, you can refer to named networks rather than cryptographic addresses, making the experience more intuitive.

Universal Identification (UID)

• Openverse’s UID (Universe Identification) system is its unified identity standard for the IBC‑enabled world. With a single UID, users can maintain one account that spans multiple interconnected chains.
• Essentially, UID allows metaverses and chains to securely manage cross-chain accounts: your Openverse UID can interact with accounts on other networks via IBC.
• This makes identity management much simpler, reducing fragmentation: instead of separate accounts for each blockchain, one UID gives you access to the interconnected Web3 space.

EVM Compatibility — OpenEVM

• Openverse supports EVM compatibility through what they call OpenEVM, enabling developers to build or migrate Ethereum‑style smart contracts directly on the network.
• With OpenEVM, devs can use existing Ethereum tools like Solidity, Remix, or Ethereum’s JSON-RPC APIs — making it far easier to port dApps from Ethereum or build new ones on Openverse.
• Because OpenEVM inherits the performance characteristics of Openverse (high TPS, low latency), smart contracts on this chain can benefit from scalability and cost-efficiency not typically available on congested EVM chains.

Openverse Network’s technology stack isn’t just about fast transactions — it’s about creating a unified, protocol‑driven ecosystem where value, identity, and cross-chain applications flow naturally. By combining VTP, IBC, ONS, UID, and EVM compatibility, Openverse is building the foundational infrastructure for a scalable, interoperable Value Internet.

Bitgold (BTG) Tokenomics & Use Cases

Bitgold (BTG) is the native token of the Openverse Network, serving as the backbone of the protocol’s economic, governance, and utility framework. It is designed not only as a transactional medium but also as a tool for governance, staking, and collateralization, giving it a multi-dimensional role in the network ecosystem.

BTG as Gas for Network Transactions

• Like gas on Ethereum or transaction fees on Solana, BTG is used to pay for operations on the Openverse Network.
• Every transaction, whether transferring tokens, executing a smart contract, or using cross-chain protocols, consumes BTG as the fee.
• This ensures that network resources are appropriately compensated and mitigates spam, while also creating a natural sink for the token.
• Due to Openverse’s high throughput (300,000+ TPS and sub-second block times), transaction fees in BTG are extremely low, making microtransactions feasible.

Staking BTG: Securing the Network via DPoS

• Openverse uses Delegated Proof of Stake (DPoS) as part of its consensus mechanism, and BTG is the token used to stake and elect validators.
• Users can lock their BTG to delegate it to validators, who produce blocks and secure the network.
• Stakers earn rewards in BTG proportional to the amount staked and validator performance. This incentivizes network participation and security.
• DPoS allows for high scalability while maintaining decentralization, and BTG staking is central to this model.

BTG as a Governance Token

• Beyond staking, BTG holders have voting rights on Openverse protocol proposals.
• This includes decisions on protocol upgrades, validator elections, tokenomics adjustments, and network parameter changes.
• Governance participation empowers BTG holders to shape the network’s future, aligning incentives between token holders, validators, and the community.
• Through governance, BTG becomes a true utility token, giving holders more than just transactional value.

BTG as Collateral

• BTG can also be used as collateral to mint other protocol assets, including:
  • Bitcurrency (BTC-like stable or synthetic assets)
  • Privcurrency (privacy-oriented tokens)
  • Bitsecurity (security/tokenized assets)
• This collateral function expands BTG’s utility, making it a foundation for decentralized finance (DeFi) applications and synthetic asset creation within Openverse.
• By using BTG as collateral, holders can unlock liquidity and participate in a broader value ecosystem without selling their tokens.

Token Supply and Economics

• The total supply of BTG is 20 million tokens, designed to balance scarcity with sufficient liquidity for transactions, staking, governance, and collateralization.
• The capped supply ensures long-term value preservation while enabling sustainable network incentives.
• Distribution of BTG typically includes allocations for early investors, staking rewards, protocol treasury, and ecosystem development, creating a holistic incentive structure.

Bitgold (BTG) is much more than a utility token: it acts as the gas for network operations, a staking instrument to secure the network, a governance token to influence protocol decisions, and collateral to mint other assets. Its fixed total supply of 20 million ensures scarcity and economic sustainability. Together, these multiple use cases make BTG a central pillar of the Openverse Network, enabling fast, efficient, and community-driven blockchain operations.

Asset Types on Openverse: VRC Protocols

Openverse Network introduces a structured ecosystem of assets through its VRC protocols, which define standardized ways to create, manage, and transfer value across the network. These protocols ensure interoperability, security, and usability, allowing developers and enterprises to deploy a variety of digital assets backed by Bitgold (BTG).

VRC10 – Bitcurrency

• Bitcurrency represents the Openverse equivalent of public stablecoins.
• Each VRC10 token is backed by BTG, providing a secure, on-chain reserve while enabling fast and predictable transactions.
• These stablecoins are ideal for everyday transactions, micro-payments, and cross-chain value transfer, supporting the Value Internet vision of Openverse.
• By using BTG as collateral, Bitcurrency ensures that each token has a tangible, verifiable backing, adding trust and stability in a multi-chain ecosystem.

VRC11 – Privcurrency

• Privcurrency is designed for enterprise or internal use, functioning as a private or semi-private currency backed by BTG.
• Organizations can issue VRC11 tokens for internal accounting, rewards, or corporate liquidity management, while retaining a connection to the wider Openverse ecosystem.
• This allows businesses to benefit from blockchain efficiency and interoperability without exposing their internal value systems publicly.
• VRC11 tokens can also integrate with Openverse’s Value Transfer Protocol (VTP), enabling limited cross-chain interactions under enterprise-controlled rules.

VRC12 – Bitsecurity

• Bitsecurity enables tokenization of securities, such as bonds, stocks, or other financial instruments, using BTG as collateral.
• VRC12 supports legally-compliant issuance of digital assets that represent real-world value, making them tradeable on-chain while adhering to protocol-defined standards.
• This protocol opens up DeFi applications for institutional and retail participants, creating a regulated and efficient marketplace for tokenized securities.
• Each VRC12 asset is backed by BTG, ensuring collateral integrity and consistent settlement in cross-chain transactions.

VRC20 & VRC721 – Tokens & NFTs

• VRC20 is Openverse’s implementation of the classic fungible token standard, similar to Ethereum’s ERC20. These tokens can be used for utility, governance, or ecosystem incentives.
• VRC721 introduces non-fungible tokens (NFTs), enabling digital collectibles, certificates, or unique digital assets within Openverse.
• Both standards integrate seamlessly with OpenEVM, allowing Ethereum-style smart contracts and dApp deployment.
• By supporting fungible and non-fungible assets, Openverse provides developers with a flexible toolkit for launching DeFi, gaming, or enterprise applications without leaving the network’s high-performance infrastructure.

These standards, underpinned by BTG and Openverse’s high-throughput infrastructure, enable secure, scalable, and interoperable asset creation. They allow developers, enterprises, and users to participate in a Value Internet, where assets and value can move seamlessly across blockchains while maintaining trust, performance, and compliance.

How to Buy, Stake & Use BTG

Bitgold (BTG) is the native token of the Openverse Network and serves as the foundation of its economic, governance, and collateral ecosystem. For users and developers looking to engage with Openverse, understanding how to acquire, stake, and utilize BTG is essential.

Where to Buy BTG

• Centralized Exchanges (CEXs): BTG is available on several major exchanges that support Openverse assets. Users can create accounts, complete KYC verification, deposit funds such as USDT, and trade for BTG.
• Decentralized Exchanges (DEXs): Openverse-compatible DEXs allow users to swap other tokens (e.g., SOL or USDC) for BTG directly from their wallets.
• Direct Wallet Purchase: Some wallets, like OpenWallet, support in-app BTG purchases via integrated fiat or crypto gateways.
• Users should always verify the official Openverse exchange listings to ensure they are trading on supported platforms.

Staking BTG for Rewards and Governance

• DPoS Staking: Openverse uses Delegated Proof of Stake (DPoS). BTG holders can delegate their tokens to validators who secure the network.
• Rewards: Stakers earn BTG rewards proportional to the amount staked and the validator’s performance. This creates an incentive structure for participation and network security.
• Governance Power: Staked BTG also grants voting rights, enabling users to influence protocol upgrades, validator selection, and network parameters.
• Staking is typically accessible via OpenWallet or other compatible wallets, making delegation straightforward.

Using BTG as Collateral

• BTG holders can mint various assets by locking their tokens as collateral. Examples include:
  • Bitcurrency (VRC10) – public stablecoins backed by BTG.
  • Privcurrency (VRC11) – enterprise or internal currency.
  • Bitsecurity (VRC12) – tokenized securities, such as stocks or bonds.
• Collateralization allows users to unlock liquidity or issue assets without selling their BTG, supporting DeFi and enterprise applications within Openverse.
• The process is integrated with Openverse’s smart contract layer and can be managed via OpenWallet, providing secure, transparent collateral handling.

Wallet Options

• OpenWallet: The official wallet for Openverse, supporting BTG, VRC tokens, NFTs, and governance features. It allows staking, voting, and collateral minting from a single interface.
• Other Compatible Wallets: Wallets that support OpenEVM or Solana-based tokens may also handle BTG and VRC assets. Always ensure wallet compatibility before transactions.
• Wallets provide secure key management, transaction history, and access to cross-chain functionality enabled by Openverse’s interoperability protocols.

Participating in Governance

• BTG holders can join proposals and vote on network changes through wallet interfaces or governance dashboards.
• Governance covers areas such as protocol upgrades, validator elections, fee adjustments, or ecosystem fund allocation.
• Active participation ensures the community has a direct influence on the network’s evolution.
• Combining staking with governance participation reinforces the network’s decentralized ethos, giving token holders meaningful power over Openverse’s development.

By following these steps, users move from passive holders to active participants, leveraging BTG not only for transactions but also for governance, collateralized assets, and broader engagement in the Openverse Value Internet.

Openverse Network (BTG) isn’t just another blockchain — it’s a foundational Layer‑0 infrastructure designed to power a new “Value Internet” where digital value flows freely, across chains and into the real world. With its lightning-fast transactions, ultra-low fees, and a powerful native token (Bitgold), Openverse gives developers, investors, and Web3 builders a springboard to issue stablecoins, securities, and more. But as with any groundbreaking tech, success depends on adoption, governance, and execution. If you’re curious about staking, building, or just exploring the future of tokenized value — now is a great time to dive in.

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