Web3’s 1995 moment? Interpretation of intent infrastructure dappOS

Written by: BITWU.ETH

Recently, the intent execution network @dappOS_com completed a $15.3 million Series A financing led by Polychain, and its valuation has reached 300 million, becoming the leading project of Intention Center Circuit. @polychain’s investment in dappOS demonstrates the recognition of leading European and American institutions on the intention-centered infrastructure track.

We can see that Bittensor (TAO), Celestia, Eigenlayer, and Babylon, the top projects in this bull market, have all received investment from Polychain. These results have proven that projects led by Polychain have become Top project potential. Not only that, dappOS has also received seed round investment from top institutions such as @BinanceLabs, Sequoia Capital, and HashKey.

My attention to dappOS started from its seed round financing stage, watching it develop step by step and become the leader in the intention center track.

In my eyes, "Intent Execution" is a track of great significance to the entire field of Web3. It is like Windows 95 in the early Internet era, and is an indispensable part of the popularization of Web3 to mass users.

Next, I will talk about what intent execution is and what dappOS does.

1. From 50,000 to 1 billion: How Windows opened the Internet in 1995

Before 1995, users needed to operate computers through the command line interface, which required users to remember various Computer commands, such as file operations, network requests, and graphic display, although technical experts can skillfully use them to achieve high efficiency, are too complex to operate and difficult to learn and master for ordinary people. So there were no more than 50,000 Internet users at that time.

But with the release of Windows 95 in 1995, this situation was completely changed by providing a complete graphical user interface (GUI) and browser, and the number of Internet users exploded from 50,000 to 100 million in a short period of time. increase. GUI greatly simplifies user interaction with computers by providing visual and intuitive icons, menus, and windows, allowing users without any technical background to perform complex tasks with simple clicks and drags.

2. Intention Execution Network: Windows of Web3, the key to unlocking the 1995 moment of blockchain

Currently, cryptocurrency technology is constantly creating new wealth myths, but there are a lot of new technologies outside the circle. Groups are stuck in a situation of "no way to invest" due to threshold issues. Lao Wu believes that this is the most urgent issue at the moment. We insiders always want to "break the circle" to attract outside groups. The real situation is that a bunch of newcomers are stamping their feet outside the door, which is very fragmented. This issue is actually a consensus among people in the industry.

@VitalikButerin also mentioned that with the development of the L1-L2 layered strategy, the Web3 ecosystem has been further fragmented, and using these technologies with different and dispersed infrastructure has become a challenge faced by users. A daunting task.

The current intention to implement the development of the network is to solve these problems, and its significance is no less than the changes brought to the Internet by Windows.

The functions implemented by command prompts such as DOS and the underlying GUI of Windows are consistent, but the purpose and results of the command prompt are separated. Users need to master the commands of each step in the middle, such as files, network IO , visualization, and GUI users can easily confirm their intentions by clicking with the mouse. They no longer need to understand the technical details behind it, and can directly get the expected results.

This breakthrough completely eliminated the need for training and learning on the Internet, ushering in the intent-centric era of the Internet, with users rapidly growing explosively from 50,000 to billions.

The current #Web3 industry is very similar to the 1995 moment of the Internet. It already has mature infrastructure and professional users who understand technology, but users only understand a large number of blockchain, Ethereum, BSC, Gas, contracts, etc. Only after understanding the technical concepts can you smoothly use dApps. Once the intent-centric era opens, when these thresholds drop to 0 and dApps are as easy to use as Douyin, it is foreseeable that the number of users will start to grow explosively.

dappOS, which has received investment from a number of star institutions, is currently the leading project intended to implement network infrastructure. Next, let’s take a look at how dappOS builds infrastructure to help users achieve from intent to on-chain results.

3. How dappOS builds the intent execution network infrastructure

dappOS is an intent execution network that converts intentions of specific value into on-chain results by creating a two-sided market. On the one hand, service nodes pledge collateral to provide various intent execution services. On the other hand, it provides developers with an infrastructure to efficiently generate intent tasks to meet users’ needs for converting intents into on-chain results.

dappOS proposes Optimistic Minimum Staking (OMS), an innovative security mechanism that is very suitable for intent tasks. OMS requires that each task be associated with a predefined value and potential compensation in the event of failure, allowing tasks to be executed before the results are verified. If a task fails, the network penalizes the responsible service provider through a consensus process, ensuring that either the task submitted by the user is successfully executed or the user receives a pre-specified compensation.

dappOS’s OMS system benefits both service nodes, who are only required to stake a minimum deposit slightly higher than the total value of outstanding intent tasks, and users, who enjoy cost-effective and rapid task execution. The post-task verification process facilitates a decentralized verification strategy, enhancing the efficiency and security of the network in handling diverse use cases.

The establishment of this infrastructure realizes the seamless transformation of user intentions and on-chain results, and drives the emergence of a series of revolutionary scenarios:

Unified Account

dappOS’s unified account natively supports the dappOS intent execution network, which allows users to seamlessly manage and use their assets on various blockchains, similar to accounts on centralized exchanges such as Binance Experience, after assets are purchased with legal currency or charged into any chain, there is no need to pay attention to technical details such as chain and gas payment. They can be directly transferred, traded, and used seamlessly in any dApp that supports dappOS.

Intent Assets

dappOS innovatively introduces the concept of intent assets. These assets can be used seamlessly in different scenarios, and are processed behind the scenes through the intent execution network of dappOS. of intricate details. To put it simply, we can understand intention assets as "Yue Bao" in Web3.

For example, dappOS will issue intentUSD as the intended asset of the US dollar stable currency. It can be used as USDT when the user needs to use USDT, and can be used as USDC when the user needs USDC, and automatically earns income when it is idle in the account. This type of asset solves the biggest scenario problems of stablecoins and LSD assets, and eliminates the need for new users to understand the difference between USDC/USDT and other homogeneous assets.

Real-time DApp Contract Interaction

The intent execution network of dappOS provides an excellent execution framework for real-time interaction with dApps.

The framework allows users to achieve seamless transition from the initial state to the final state with a simple signature. The traditional implementation process of many intentions will include many on-chain operations such as cross-chain, asset conversion, and authorization contracts. These operations are essentially means rather than the user's purpose; and dappOS's real-time interactive execution framework allows users to not need to care about these intermediate operations. Operation, a single signature can directly achieve its purpose, thus optimizing the user experience.

In addition, through the design of OMS and other mechanisms, the real-time dapp interaction provided by dappOS can also ensure that during the entire process, all operations comply with the decentralization and security standards of the blockchain, while also ensuring the safety of the operations. Efficiency and low cost. This method of simplifying complex blockchain operations based on user intentions not only greatly improves user convenience, but also promotes the application and development of broader blockchain technology.

4. dappOS may open the "1995 moment" of Web3

It can be seen that dappOS not only has OMS and other elaborate designs for intent execution in mechanism design, but also has many application scenarios. Innovation. This is also the reason why it has been able to obtain top capital bets from Polychain, Binance Labs, etc.

dappOS simplifies the execution of user intentions, which is similar to Windows 95 back then. Therefore, dappOS may be as significant to Web3 as Window 95 is to the Internet era, and it deserves our focus.

In the future, as dappOS continues to develop and improve in the Web3 field, we can expect more innovative applications to be born, thus promoting the growth and diversification of the entire ecosystem.

As more users and developers join, @dappOS_com has the potential to become the key hub and underlying infrastructure connecting a wide range of Web3 applications and services, just as Windows 95 did for the Internet in the past.

When various Web3 applications enter the market in the future, they will see dappOS as a threshold that they have to cross. In this way, dappOS can gain authority over the entire ecosystem from top to bottom, completely opening up both outside and inside circles. The entrance channel has become the ecological infrastructure of the new era, ushering in the "1995 moment" of Web3.

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