SIP-0083: Sovryn - BitcoinOS Contributor and $BOS Token Launch (#83)

Author: tjcloa

SIP-0083.md

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+---
+SIP: '0083'
+Title: Sovryn - BitcoinOS Contributor and $BOS Token Launch  
+Author: FrenchVictory (@Frenchvictory)
+Status: Ready for vote
+Track: Other
+Created: 2024-11-08
+---
+# **SIP-0083: Sovryn - BitcoinOS Contributor and $BOS Token Launch**   
+
+## 1. Overview 
+
+BitcoinOS (BOS) is being developed to allow any code to be executed on Bitcoin, representing a fundamental upgrade to the Bitcoin protocol. 
+As one of the key development teams, Sovryn proposes to launch this technology.  
+
+Throughout BitcoinOS’s development, Sovryn has made substantial contributions through project incubation, design partnership, research, 
+development, testing, communications, and community engagement. We commit to continuing this involvement while developing 
+a new Bitcoin-native token standard for the BOS ecosystem.
+
+In order for BitcoinOS, developed as Open Source Software (OSS), to succeed, the project needs broad distribution and 
+a decentralized network of users and developers. Sovryn proposes to provide the decentralized governance framework and 
+committed community needed for this launch. As part of this service, Sovryn will contribute to the issuance and 
+distribution of the $BOS tokens and develop core parts of the BitcoinOS technical infrastructure.  
+To facilitate this, 10% of the total supply of $BOS tokens will be earmarked for the Sovryn community.  
+
+## 2. Background
+
+BitcoinOS has achieved significant technological milestones, beginning with the verification of the first ZK proof on Bitcoin mainnet in July 2024, 
+followed by the release of the first open-source code for Bitcoin ZK proof verification in September 2024. 
+Their progress in developing ZK-based infrastructure has established new standards for Bitcoin L2s, towards L1 security, trustless bridging, 
+scalability, and native transaction privacy.
+
+Teams working on the project are currently focused on developing Grail, the first trustless Bitcoin L2 bridge, and MerkleMesh, 
+which will bring full interoperability to users and liquidity in the BitcoinOS ecosystem. Significant ecosystems have announced 
+their plan to integrate with and contribute to BitcoinOS infrastructure, including Cardano and leading Bitcoin sidechains such as 
+Merlin Chain, Nubit, and B² Network. Further significant integrations with additional collaborators are developing.
+
+Given Sovryn’s role in incubating BitcoinOS, our appreciation of its technological potential and traction, and the interest already expressed 
+in a forum posted titled “SIP-XXXX: Launch of BitcoinOS (BOS) Under Sovryn Incubation” posted on June 18, 2024, we propose to leverage our 
+expertise in decentralized governance to perform the decentralized launch of BOS and its $BOS token and to lead the development of a much 
+needed Bitcoin native and programmable token standard.   
+
+## 3. Sovryn Bitocracy and Strategic Alignment with BitcoinOS
+
+Sovryn has achieved genuine decentralization and effective decentralized governance, maintaining high levels of diverse stakeholder participation. 
+Our Bitocracy model and committed community provide a robust framework for launching decentralized projects.
+
+We believe that Sovryn, by leveraging its established decentralized framework, can ensure BitcoinOS’ decentralized launch and decentralization from 
+inception, setting a new standard in the Bitcoin-native ecosystem. Our proposal includes:
+
+- Sovryn has been a key design partner for BitcoinOS, offering valuable expertise in project incubation, research, and strategic guidance. 
+The teams working within Sovryn will continue with these efforts.
+- Launching the BOS protocol and distributing the $BOS token through Sovryn Bitocracy and Sovryn’s core team.   
+- Collaborative development between Sovryn and the teams working on BitcoinOS technology to determine a framework for equitable total token distribution.  
+- Allow teams to leverage Sovryn Bitocracy to propose and initiate the development of technologies related and required for the BitcoinOS ecosystem.  
+- Sovryn will consider itself one of the founding groups of the BitcoinOS ecosystem.  
+- Sovryn and other BOS teams will collaborate in launching the Sovryn Layer as it will defined by Bitocracy.  
+- Sovryn will retain 10% of the total $BOS token supply.  
+
+## 4. BOS Launch
+### 4.1 Project Development and Launch
+
+  - **BOS Development:** We will support BOS developers in their focus on building and refining the technology under an OSS (Open Source Software) framework.
+  - **Network Launch:** Sovryn Sorcery will assist in launching the BOS network, ensuring its integration with the broader Bitcoin ecosystem.
+  - **Token Launch:** Sovryn will issue the $BOS tokens and facilitate the initial distribution, including the portion designated for the Sovryn community.
+
+### 4.2 Resource Mobilization and Governance
+
+Sovryn will invest in the development of the BitcoinOS open-source ecosystem. The following resources will be allocated to support the following activities:
+
+  - Education
+      - Development and distribution of technical documentation
+      - Creation of educational content for developers and users
+      - Organization of workshops and training sessions
+  - Marketing and Communications
+      - Strategic marketing campaigns to drive adoption
+      - Community outreach and engagement
+      - Regular updates and announcements
+      - Market research and analysis
+  - Technical Development
+      - Development of a Bitcoin-native token standard
+      - Security audits of protocol components
+      - Comprehensive user testing programs
+      - Development and maintenance of essential front-end interfaces
+      - Integration support for partners and developers
+  - Network Operations
+      - Nomination and support of qualified node operators
+      - Network monitoring and maintenance
+      - Performance optimization
+      - Infrastructure support
+  - Strategic Initiatives
+      - Identification and development of strategic partnerships
+      - Ecosystem growth initiatives
+      - Protocol integration with complementary projects
+      - Support for developer community building
+
+    Additional activities required for the success of BitcoinOS as a decentralized protocol will be undertaken as needed, 
+subject to community governance through Bitocracy.
+
+### 4.3 Token Distribution and Stakeholder Incentives
+
+  - Sovryn will issue the $BOS tokens and distribute them to the different stakeholders.
+  - We will collaboratively develop a framework for equitable token distribution of the 10% allocation retained by Sovryn. This token distribution will be submitted for approval of the Bitocracy in a future SIP.
+  - Additional SIPs may be proposed to determine various aspects of Sovryn’s responsibilities and commitments to BitcoinOS.
+
+## 5. BitcoinOS Independence
+
+To maintain credible neutrality, BOS development will remain independent of Sovryn. Sovryn Bitocracy will have no decision-making power 
+over any element of BOS not specifically listed in this SIP.
+
+## License
+Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/).