This page is the founder's 2024 philosophy prose, restored — lightly edited for today's vocabulary, not rewritten. It explains the worldview behind the system. For current product truth, read the whitepaper and the technical documentation.
Data, like light
We are driven by the omnipresence of data — akin to light — crucial in shaping our understanding of the universe. Data is a vital asset, mirroring the real-time synchronization observed in nature. Inspired by architectures that promote universal synchronization, the goal is to simplify the complexity of decentralized technologies into something intuitive and usable.
You have to give in order to grow
Growth comes from sharing knowledge. Knowledge gaps lead to disorder — yet from this disorder, new order and opportunities for innovation arise, propelling the evolution of the network. That is the engine: bridge the gaps, and the system evolves.
We take the holistic view that follows from it: everything is interconnected, from the algorithms that power the platform to the extensive networks that unite us. Perspectives worth learning from are found across fields — biology, computing, neuroscience, finance — and we draw on them in almost any ecosystem.
A network within a network
Picture a network within a network. Blockchains are built on top of the internet and physical hardware networks. A universal multilayer network can be composed of multiple multiplex networks — but to do it, you must consider the flow, and the protocols governing that flow, so the connections between layers and the transitions between them stay smooth.
The distinction matters. Blockchains are multilayered networks with parallel layering and no hierarchy. Layer 2 solutions are multiplex networks: each wallet — each node — is the same across all networks, but the connections and other fundamental aspects differ.
For categorization we use the Financial Industry Business Ontology (FIBO), customized to fit digital finance.
It all depends on the perspective
- From a legal standpoint, it's a complex mess — multiple governing bodies, discussing in old-school format.
- Blockchains are usually mapped with graphs: they are easier to access, and they follow their own rules and protocols.
We aim to apply the same approach to the physical world that already works in the digital one. In the digital realm there is a state when you observe it — and with enough resources and access you can watch it all the time, even where it is permissioned.
"If one node has access to any closed-source network, that access would immediately be broadcasted to other participants by sharing information — and perhaps even using its value channel or connection to interact with the said system."
That sentence, written in 2024, is the network in miniature: a member's access becomes the network's reach. It is why ƒxyz is built as a member-owned liquidity network — one live graph of currencies, institutions, and corridors, where members open the routes.
Chaos and order
Everything is both chaotic and ordered. Order brings chaos, and chaos generates new patterns. By applying this logic we can change our perspective — and even rely on machines to understand and process the data.