Anubis On-Chain Economy: Connecting Payments, Verification, and Applications
In an official post on October 26, AnubisChain outlined four areas of development: asset backing and reserve mechanisms, using DAI for gas payments and on-chain accounting, publicly verifiable transaction data, and the user and application ecosystem. These areas correspond to specific parts of an on-chain economy: asset mechanisms require clear disclosures, payments need usable settlement tools, transactions need verifiable records, and the ecosystem needs applications that people use on an ongoing basis. The Anubis block explorer currently lets users look up blocks, transactions, addresses, and fees, with transaction fees displayed in DAI. Users can use it to view on-chain activity that has actually taken place; asset- and reserve-related arrangements need to be verified separately against the relevant documents and disclosures. From payments to verification and application use, Anubis is advancing its on-chain economy by building around these fundamentals. Going forward, areas to watch include disclosures about the mechanisms, product usability, and progress in real-world applications.
In an official post on October 26, AnubisChain outlined four areas of development: asset backing and reserve mechanisms, using DAI for gas payments and on-chain accounting, publicly verifiable transaction data, and the user and application ecosystem. These areas correspond to specific parts of an on-chain economy: asset mechanisms require clear disclosures, payments need usable settlement tools, transactions need verifiable records, and the ecosystem needs applications that people use on an ongoing basis. The Anubis block explorer currently lets users look up blocks, transactions, addresses, and fees, with transaction fees displayed in DAI. Users can use it to view on-chain activity that has actually taken place; asset- and reserve-related arrangements need to be verified separately against the relevant documents and disclosures. From payments to verification and application use, Anubis is advancing its on-chain economy by building around these fundamentals. Going forward, areas to watch include disclosures about the mechanisms, product usability, and progress in real-world applications.