We are building a clean-slate L1 for a decentralized, secure, and private internet beyond blockchains.
Learn more about our vision — a vibrant ecosystem of full-stack decentralized apps freed from the current on-chain smart contract model.
Today, the "decentralized web" is limited to blockchain smart contracts. Real apps running on your device — even Web3 frontends — still suffer under Web2's centralization and insecurity.
Mel enables a new paradigm: off-chain composability. Here, "Web3 protocol" and "dApp" aren't fancy names for smart contracts loosely taped onto a Web2 frontend.
Instead, they're next-generation network protocols and apps, none of which run on a blockchain, yet interacting with minimal on-chain code to achieve censorship resistance, radical decentralization, and user-aligned incentives.Our off-chain composable vision
Conventional blockchains serve intricate smart contract ecosystems. This means complex protocols, messy governance, and unwieldy clients — bad news for composability between on-chain and off-chain.
Mel turns this model upside-down. Everything is designed for easy access not by smart contracts, but by regular non-blockchain programs. Trustless light clients easily power everything from naming systems to data storage networks.
And we get an elegant, minimal blockchain that distills blockchains' incentive-based trust: an immutable, credibly neutral, "code-is-law" engine that liberates us from contentious human governance.How composability synergizes with neutrality
The world we are building needs a new kind of money. Neither volatile cryptocurrencies nor oracle-backed fiat stablecoins point to our monetary future.
MEL is the first ever cryptocurrency that's both stable and trustless. Protocol-internal mechanisms dampen its value against computation time without any oracles.
A truly decentralized unit of account changes everything from payments to incentive design.How we finally get "sound money"
We are building an ecosystem of basic off-chain decentralized protocols with security and resilience backed by the Mel betanet.
The most important piece of the stack — Earendil, the world's first decentralized anonymous communication and payment network designed to resist ISP-level censorship and metadata collection.
Earendil will power a new generation of autonomous applications and peer-to-peer protocols, providing them with unstoppable data transport and programmable off-chain micropayments.Learn more about Earendil