Roadmap 2023

Roadmap 2023

The pNetwork Community Association is proud to share its proposed pNetwork Roadmap for 2023!
The pNetwork Community Association aims to contribute to the development and growth of pNetwork and is vocal of pNetwork’s and PNT's long-term supporters.
The vision of the Association is to make pNetwork more decentralized, with a more inclusive and transparent approach. The roadmap is aligned with this vision and it is based on three main pillars:
  1. Decentralization - via pNetwork v3
  1. Community-driven approach - via pNetwork DAO v2
  1. Further interoperability - via new cross-chain features and new integrations
Anyone can join the association, you can apply here.

pNetwork v3

pNetwork v3 is a new proposed architecture for pNetwork, which will make the protocol truly decentralized and more secure overall - the system is safe as long as there is at least 1 honest participant.
In 2022 pNetwork v2 focused on scalability, in 2023 pNetwork v3 will focus on decentralization.

pNetwork DAO v2

The pNetwork DAO is of vital importance for the decentralization of the protocol.
The DAO v2 will unleash new features, an enhanced $PNT tokenomics, better accessibility for nodes and much more, with the intent to make pNetwork truly community-driven.

The detailed activities and milestones we intend to achieve in 2023 are listed below by quarters.
Depending on the progress of work, and when more knowledge becomes available, more details will be added to the Roadmap.
Periodic updates

Q1 2023

  • pNetwork v3 - First steps
    • Publish the pNetwork v3 whitepaper - More info
      Modelling the architecture: decentralized, optimistic swap proposals and multi-provers
      Definition of new actors and their roles
      Start work on all the new components for the MVP
  • pNetwork DAO v2 - BETA Release
    • Launch of the new DAO dApp in a fully decentralized manner (ENS + IPFS) - More info
      Functionality to easily open DAO proposals straight from the DAO dApp - More info
      New PNT lending-borrowing mechanism within the DAO
      Lock period management for lenders
      Option to become a node with borrowed PNT
      Node registration within the new DAO dApp
      Release BETA - first launch - More info
  • pTokens dApp
    • Cross-chain swap for other wrapped Bitcoin tokens - WBTC on Ethereum support within the dApp and ptokens.js - More info
      Launch of the pTokens dApp in a fully decentralized manner (ENS + IPFS) - More info

Q2 2023

  • pNetwork v3 - MVP
    • Complete activities on MVP components
      MVP launch - with limited functionalities on a new, decentralized bridge - More info
  • pNetwork DAO v2 - Full Release
    • Epochs automatic closing and reopening
      Node protocol rewards automatic distribution
      DAO dApp improvements - More info

Q3 2023

  • pNetwork v3 - BETA Release
    • Continue the work on v3 actors (Guardians and Sentinels) and their components
      Full registration of v3 actors to ensure that all components are functioning properly
      Security checks for actors (introduction of “slots”, “keep-alive” verifications, etc)
      Improve the overall system, based on experience gained on the MVP release
      Support of Protocol Fees (for Sentinels and Guardians)
      Support of Network Fees (for relayers)
      Update of MVP bridges to BETA
      Add more node operators/actors on the BETA v3 bridge(s)
  • pNetwork DAO - More features
    • Multi-chain support
      DAO v2 general improvements

Q4 2023

  • pNetwork v3 - Full Release
    • Gradually upgrading all relevant bridges from v2 to v3
      Shut down of non-upgraded and non-active v1 and v2 bridges
      Integration of the BTC adapter
      Implement the Monitoring System for the most crucial v3 components
  • pNetwork DAO - Integration with pNetwork v3
    • Integrate pNetwork v3 logic within the DAO
      DAO vote in case of disputes between actors
      Add more details and stats about voters, lenders and borrowing nodes

Continuous activities

  • Improve security/audit coverage
  • Improve monitoring systems for v3 actors
  • Add/improve users’ insurance coverage options
  • Looking for external funds and strategies to replenish the DAO treasury
  • Further integrations to boost volumes and adoption
Periodic updates