◀️Universe Decentralization

Universe service is essentially a data repository for assets issued. It keeps records of asset issuance and transfer. Historically, such universe service is not decentralized and thus exposed to censorship risk.

Such risk will deter some project creators from using Universe service. Our efforts of Universe decentralization will make it 100% permissionless and therefore censorship-resistant.

The decentralization of Universe is realized with help of a network of nodes validating asset issuance. It prevents single point failure and hacks.

Quite recently, a vulnerability was detected in Ordinals BRC-20 token trading market where sequencer (universe) is hacked by third-party and lots of fake tokens are issued and traded. In such case, the Universe is hacked because is centralized and prone to hack. It sets a perfect example on the drive behind our efforts to make a decentralized Universe service for Flash Protocol.