Vision, Resources & Decentralisation

Whilst it is possible to build a crypto notifications platform as a centralised service on web 2 infrastructure, doing so would restrict the platform’s modularity and scaling potential, and possibly run counter to the values of its initial user base. As a protocol that will initially be used by crypto natives who value trustlessness, permissionlessness, security and ownership, it is crucial that SCENARIO aligns with these values and is designed in a way that allows for it to be composable with other decentralised applications.

With its underlying logic running on a decentralised compute layer, SCENARIO will be able to grow in step with demand. Globally dispersed, engaged and economically incentivised users will act to reach consensus on event occurrences and trigger notifications in response to user requests. The protocol’s event data will be provably crowd-sourced, and, in future versions of the protocol, open to use by other platforms and builders.

As is the case with protocols such as Uniswap, SCENARIO smart contracts will be immutable once fully deployed. In addition to ensuring liveness, transparency and auditability, this will also allow for community members, Dapps or businesses to build their own front-ends or related applications in order to harness (or add value to) the underlying infrastructure.

At scale, a decentralised model for crowd-sourced agreement on what has happened or what is true is also the most robust, and is further strengthened when such agreement is directly connected to crypto-economic incentives which reward honest user behaviour and make dishonest responses unprofitable and increasingly difficult to repeat.