Metaprotocols

A MetaProtocol is a protocol built on top of the synthetic blockchain, that can be organized into a set of modules and/or commands. The first MetaProtocol will be The Drops, but additional metaprotocols are being developed. We will start by only allowing whitelisted protocols to be introduced, but eventually the registering of protocols will be permissionless. A MetaProtocol has a variety of customizations within the Synthetic Blockchain. For example, a MetaProtocol can decide to only accept Commandsfrom certain sources. This helps to limit risks associated with introducing experimental sources at a later point in time.

The benefit of building a MetaProtocol on top of Simulacrum is, it allows for users to focus on implementation logic for arbitrary Commands. Developers can applications that leverage any or all Sources that are supported by The Simulacrum. For example, once a telegram source is introduced, we will be able to allow applications to be developed (such as trading bots) where a user can use a platform like Twitter or Telegram, and no longer has to trust Centralized Execution.