Release Mercury Protocol whitepaper

• This whitepaper will define and explain the technical architecture and functionality of the Mercury Protocol.

Integrate GMT wallet within Dust app

• All Dust mobile clients will have a GMT wallet. Wallet will consist of a default account address that stores the user’s GMT tokens, and basic functionality to show account balance and transaction history

Integrate the first core GMT token features into the Dust app

• Pay GMT to be featured for X number of days in the featured section of app
• Pay GMT to send out blasts to users who don’t follow you. Recipient users who opt in to receiving premium content are awarded GMT for accepting and reading the blast.

Begin implementation of oracles within Mercury Protocol

• Smart contracts are like walled gardens since they cannot fetch external data on their own. However, there will be many use cases of the Mercury Protocol that require us to communicate with external data sources. The solution we plan to use for this is oracles. Oracles act as a data carrier, a reliable connection between external data sources and smart contracts, without compromising their trustless nature.

Begin implementation of state channels within Mercury Protocol

• Although the long term goal for Ethereum 2.0 and 3.0 is for the protocol to be able to maintain a blockchain capable of processing VISA-scale transaction levels via mechanisms such as code pre-processing using precompiled contracts and WebAssembly, the Mercury Protocol requires an interim solution for scalable interactions with the GMT tokens: State channels.
• State channels will enable Dust to process any number of transactions instantly without facing the throughput limitations of Ethereum. It will also reduce high per transaction fees by up to 7x for handling large numbers of small digital transactions.

Decentralized governance launch

• Begin utilizing decentralized governance process for future updates of the Mercury Protocol

Launch web UI for decentralized governance

• Release a web application that makes it easy for any non-technical users to participate in decentralized governance of the Mercury Protocol

Release Broadcast to Market

• Ship v1.0.0 Broadcast with Mercury Protocol integrated and GMT premium features.

Complete oracle implementation

• Implement oracles to enable blockchain-based features to interact with the outside world.

Complete state channel implementation

• Implement state channels to allow for highly scaleable transaction processing.

Open-source Mercury Protocol

• Mercury Protocol will be made available for anyone to integrate into their application.
• Alongside, we will also release in-depth documentation on how to integrate the protocol into your application.

Mercury Protocol hackathon

• We will host a hackathon to support and encourage developers building apps on top of the Mercury Protocol