Project Roadmap

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The Salvium project is set to unfold in three major phases, each building upon the last to create a comprehensive, privacy-focused, and compliant blockchain ecosystem. Here’s an overview of our development roadmap: Phase 1: Launch Salvium In this initial phase, we introduce the core features of Salvium, demonstrating its enhanced privacy capabilities and laying the groundwork for future developments. Key Features:
  1. Staking and Yield Generation:
    • Users can stake their SAL tokens to earn rewards.
    • This feature fosters a secure and engaged network from the outset.
  2. Refundable Transactions:
    • A major step towards compliance, especially for a Monero-based chain.
    • Allows recipients to return transactions to the original sender without requesting an address.
    • Enables the return of unauthorized or incorrect transactions.
    • Transaction returns are precise, minus the standard transaction fee.
Significance:
  • Demonstrates Salvium’s evolved privacy capabilities.
  • Introduces compliance features rarely seen in privacy-focused blockchains.
  • Establishes the foundation for a secure and engaged user network.
Phase 2: Additional Compliance Features This phase focuses on enhancing Salvium’s compliance features, particularly in line with EU’s MiCA regulations. Key Developments:
  • Advanced Privacy with Compliance:
  • Users maintain transaction privacy while having the ability to provide authorized entities (e.g., exchanges) with a view key.
  • View keys allow verification of transaction history without compromising overall privacy.
  • Continued Development of Base Technologies:
  • Commitment to furthering Monero and CryptoNote technologies.
  • Support and contribute to compliance efforts such as:
  • Full chain membership proofs
  • SERAPHIS
  • JAMTIS
Significance:
  • Ensures user privacy while meeting regulatory demands.
  • Positions Salvium as a leader in compliant privacy coins.
  • Contributes to the broader development of privacy-focused blockchain technologies.
Phase 3: DeFi Support The final phase expands Salvium’s capabilities into the realm of Decentralized Finance (DeFi), leveraging its unique features for advanced financial applications. Key Innovations:
    1. Smart Contract Functionality:
      • Utilizes the protocol_tx innovation to enable smart contracts.
      • Allows for complex DeFi applications to operate securely and privately on the Salvium network.
    2. Private Token Issuance:
      • Enables the creation of privacy-preserving tokens within the Salvium ecosystem.
  • Middleware for Solidity:
  • Develops middleware to support DApps written in Solidity (Ethereum’s primary language).
  • Simplifies the transition of existing Ethereum projects to Salvium.
  • Lowers the entry barrier for developers, encouraging wider adoption.
Significance:
  • Expands Salvium’s utility into the rapidly growing DeFi sector.
  • Provides a unique platform for privacy-focused DeFi applications.
  • Encourages broader adoption by simplifying the development process for Ethereum developers.
Conclusion This roadmap outlines Salvium’s journey from a privacy-focused blockchain to a comprehensive ecosystem supporting compliant, private DeFi applications. Each phase builds upon the last, creating a platform that balances privacy, compliance, and advanced functionality.