Technical Documentation

The Virtual Stack is segmented into two key parts:

1. Modular Consensus Framework:

   • This framework forms the foundational architecture of the Virtual Protocol. It provides a comprehensive suite of tools and libraries essential for stakeholders in the Virtual ecosystem.

   • The framework's primary objective is to facilitate the construction, maintenance, governance, hosting, and utilization of VIRTUALs managed by the protocol.

   • Its modular nature allows for transparency and composability, enabling stakeholders to tailor their interactions with the VIRTUALs according to their specific needs and objectives.

2. Virtual Protocol:

   • The Virtual Protocol encompasses both tangible and intangible assets that are crucial to its functionality and value proposition:

     • Validated Contributions as NFTs in ICV: The protocol possesses all validated contributions, represented in the form of Non-Fungible Tokens (NFTs), securely stored within the Immutable Contribution Vault (ICV). This collection of contribution NFTs is a testament to the collaborative efforts and intellectual contributions within the ecosystem.

     • Revenue in Fungible Tokens in Protocol Treasury: Additionally, the protocol maintains its revenue streams and resources in the form of fungible tokens, managed within the protocol treasury.

     • Intangible Assets - On-Chain and Off-Chain Components: Beyond its tangible assets, the Virtual Protocol holds a combination of on-chain and off-chain components. These components collectively establish a mechanism for the coordination, security, and management of contributions.

This diagram explains how Modular Consensus Framework works with Protocol and the components within each stack.