Heroglyphs
Introduction
Heroglyph Protocol utilizes graffiti from a produced block to execute custom logic developed by anyone in the ecosystem. Our mission is to promote decentralization within the chain and to empower our heros, the validators.
The protocol operates through two modules:
Identity: This is similar to an ENS (Ethereum Name Service), where you create an identity and link it to a wallet. Without one, heroglyph won't execute your produced block
Ticker: This is similar to an Identity but for smart contracts. You don't technically own the ticker. It incorporates a Harberger tax and hijack system, meaning your ticker can be taken away either by someone buying it at your designated price or due to insufficient funds from the tax system.
Which module is intended for whom
Identity: As of right now, this is only for Validator, but as soon the delegation system is out, it will be for anyone.
Ticker is for Advanced Validators & Developers.
Advanced Validator can use ticker in their advantage (by having a shorter name, or to assure it is always correctly configured)
Developers will need to own a ticker to connect their protocol to Heroglyphs Protocol.
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