Overview

Simulacrum is a new platform utilizing Existential Attestations of External Media to create a Synthetic Blockchain. Public profiles on Social Media provide some very interesting guarantees. It is very easy for a group of observers to come to an agreement on what was said at a specific point of time on a specific profile on a specific social network. If you can get a sufficient number of participants to agree that this information happened on a specific network at a specific time, you can provide this to an indexer, which can organize it into blocks. This was part of the core innovation of Solana, which utilizes Proof Of History to order transactions.

Likewise, with Ordinal Theory we saw how a MetaProtocol can be built as a hologram on top of a ledger, where the indexers are able to come to agreement on the state of the protocol. By defining a consistent syntax for inscribing satoshis, metaprotocols were able to be developed that could be indexed by a third party, and oracles would enable these assets to be traded in peer to peer marketplaces, perpetuals applications, PSBT, and more.

By combining these concepts, we are able to define a MetaProtocol that is able to live on top of any blockchain, where an oracle network is able to provide attestations of publicly verifiable information, which in turn enable the protocol to take actions on behalf of users. A user can broadcast their transactions on a social media platform rather than utilizing a wallet, and as long as an indexer is able to get attestations of the transaction, it can be pushed and take action for that user onchain. These transactions are ordered into a synthetic blockchain, and are committed to update the state of an established ledger. Therefore the synthetic blockchain is able to interact with its base layer.

By aggregating diverse social media sources, we are able to create a platform that allows users to manage their identity across multiple social networks. This removes the need for a wallet, as a user can broadcast their intents on any supported platform, and it is translated into a Command and executed.

Brought to you by Empyreal