Phase 1: Infrastructure Development

Deployment of a subnet: In collaboration with the Avalanche and Avascriptions development team, we aim to establish a specialized subnet for the rapidly growing inscription ecosystem. This initiative will prioritize enhancing transaction velocity and fortifying security measures. The scope of work includes the meticulous configuration of consensus protocols, strategic node implementation, and comprehensive network security assurance.

• Our subnet will satisfy 3 (three) of the largest problems in the current inscription ecosystem: Transaction Fee Reduction, Improved Security, and Interoperability of Omni-chain assets.

• Establish an asset trading system utilizing NEWU or subnet native token for gas fees: This system is designed to mitigate the prevalent challenge of exorbitant gas fees encountered in transactions, minting, and the deployment of inscriptions across various permissionless blockchain platforms. Incorporate subnet to enhance transaction efficiency, reduce gas fees, and improve overall network sustainability. Our strategy includes merging mining with Bitcoin miners, allowing them to concurrently mine on our chain, and providing enhanced security across all Proof of Work (PoW) chains. This approach will lighten the load on every main blockchain, ensuring cost-effective and energy-efficient operations. We will also embark on environmental sustainability initiatives to mitigate the ecological impact of blockchain operations.

• Given that BRC20 inscriptions rely on off-chain services outside the Bitcoin network for state maintenance, there’s a potential risk of asset loss. The Bitcoin network itself does not directly process these inscriptions, so transactions involving BRC20 tokens might lack comprehensive security protection from the Bitcoin network. To address this, we plan to establish a dedicated subnet specifically designed to provide robust security measures for inscriptions, ensuring the integrity and safety of user assets. This subnet will effectively mitigate risks associated with malicious indexer behavior, anomalies, hacker intrusions, and double-spending security challenges.

• Bridging between multiple chains creates an ecosystem on NEWU that will enhance liquidity, market reach, and adoption. NEWU will be the go-to place for inscription assets, creating a market with greater reach. Currently, inscriptions are dispersed across chains, and many important projects are going unnoticed.

Phase 2: Building Cross-Chain

Cross-chain bridge construction: Develop a secure and efficient bridge for cross-chain asset transfers. Implement protocols that facilitate communication and interoperability between the mainnet and inscription-based permissionless blockchains. This will enable the secure and trustless exchange of inscription assets, data, and information between the mainnet and subnets. It aims to allow users to benefit from the unique features and capabilities of multiple networks without undergoing complex and time-consuming processes. The initial bridges will allow for compatibility between NEWU and major BTC, AVAX, and ETH inscription protocols.

Unified Asset Marketplace: The subnet will allow for the trading of these three chains' inscriptions without the need for high gas fees.

Phase 3: Enhancing the Subnet Ecosystem

Standardization of inscription protocols: Develop and establish unified or compatible standards for multi-chain inscription protocols (such as Brc20, brc100, ATOM, eths, etc.). Provide a framework or set of guidelines for the implementation and utilization of inscription assets across different blockchains. This approach ensures consistency and interoperability of inscription assets across various blockchains, fostering the overall development of the blockchain ecosystem. This abstract methodology aids in creating a more unified and standardized system for managing and transacting inscription assets.

Expansion of the DMT (Deployment, Minting, and Transfer) model: Develop and deploy new business models on our subnet, incorporating modules for mining, staking, liquidity pooling, and NFTs.

Large transaction segmentation: Develop a feature for segmenting large transactions on the platform, designed to break down substantial orders. This allows individual users to participate in group purchases of inscription assets.

Establishment of traditional funding-payment channels: Collaborate with payment platforms like Moonpay and Ramp, enabling users to purchase inscription assets using credit cards, bank transfers, or Apple Pay.

Phase 4: Decentralized Indexer

Development and Open-Sourcing of Standardized Indexes: Conduct in-depth market research to establish standardized indexing specifications that include data structure, retrieval efficiency, and security. Develop standardized indexes that meet these criteria, open-source the indexes, and collaborate with the community for continuous iteration and optimization.

Collaborative Development of Multi-Standard Indexes: Establish partnerships with leading inscription entities and exchanges to jointly research and develop diversified indexing standards. Develop a cross-validation system for multi-standard indexes to test and ensure the accuracy and consistency between different standards of indexes.

Open-Source Development of Decentralized Indexers: Replace centralized indexers with blockchain-based decentralized indexers. Design a decentralized, efficient, and scalable indexer architecture capable of handling large-scale data. Encourage community participation in the development process and foster more innovation and improvement through open sourcing.

Phase 5: Developing a Dedicated Inscription Permissionless Blockchain

Construct a dedicated inscription permissionless blockchain: Sync with the inscription-exclusive marketplace on the Avalanche subnet and develop a permissionless blockchain specifically for inscriptions. Compared to traditional inscription marketplaces, this exclusive permissionless blockchain offers lower gas fees, enhanced usability and scalability, and supports a higher throughput. Moreover, it can interoperate with various permissionless blockchains through its cross-chain bridge. The NEWU permissionless blockchain is specifically designed for the inscription market, offering a broad range of practical applications.

Implementation of a multi-core working mechanism: The inscription permissionless blockchain will utilize a multi-core working mechanism to enhance efficiency. We will deploy four types of nodes, assigning computationally intensive tasks to larger nodes. Collection nodes will be used to increase efficiency, execution nodes for speed and scale, verification nodes to ensure correctness, and consensus nodes to maintain decentralization.