A Blockchain-based Internet.
The Metanet is a global protocol and framework, designed by Dr. Craig Wright, for structuring and facilitating the on-chain internet for the Bitcoin SV blockchain.
In particular, it is a protocol for creating transactions that allows on-chain data to form a graph structure, which can be interpreted and used off-chain by wallets, browsers and applications. This is coupled with a built-in permissioning system, which uses the stable underlying protocol of the BSV blockchain to ensure users and content creators are in complete control and own their data.
A more equitable internet infrastructure, made possible by the Metanet protocol, requires a massively scalable blockchain to handle large data throughput for multimedia, applications and content. The Metanet is therefore built uniquely on top of the Bitcoin SV blockchain and roadmap. With its soon-to-be uncapped block size and cutting-edge scaling technology, only BSV facilitates developers in building Metanet applications and tools unrestricted by the scaling limitations faced by other blockchains.
In addition, the Metanet is protected by a broad IP portfolio, consisting of multiple patent-pending inventions, secured by Dr. Wright and the nChain research team. These innovations allow the Bitcoin SV blockchain to become the unique home of the on-chain internet, where data becomes truly valuable and can be fairly commoditized.
The Metanet has been designed to act as an umbrella protocol that can help other, use-case specific protocols to be used together and interoperate with each other. Moreover, it provides highly flexible structure, ordering and native version control that can be leveraged by these sub-protocols to create an enhanced online experience secured by the BSV blockchain. The protocol itself specifies how to carry data and create structured on-chain apps and file systems, whereby users’ keys can be managed efficiently and securely by wallets.
The protocol unifies the dual capabilities of the Bitcoin SV blockchain to both convey financial transactions and to act as a data carrier simultaneously. It therefore allows native transactions to be constructed that act as not only payment for but also delivery of content.