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JUNØ — EVOLUTION: A blueprint for the future.
Introduction

Juno is the most active permissionless blockchain in the Interchain. This Evolution document outlines a strategic plan for Juno’s transformation from an L1 to a fully-fledged network. This vision serves as a guiding light to reach our desired destination: Juno — The Interchain Incubator.

Juno’s Vision: The Interchain Incubator

In the Interchain landscape, projects have two primary options for launch:

1. Deploy a native appchain, which demands significant time and resources; or

2. Utilize an established L1, offering community, tooling, infrastructure, security, and a permissionless environment for the most efficient market entry.

Juno paves the way for the second option. It facilitates rapid project development and iteration, while engaging with one of the most active communities within the Interchain. Projects can find product-market fit before launching their own Mesh-Secured L1.

As new projects emerge in the Interchain, Juno provides the best turnkey environment for launching and iterating projects. Juno has cutting-edge incubation tools via daodao.zone which projects can utilize, providing them with the perks of an L1 without concerns about independent appchain security.

Juno Evolution is committed to refining this process, enabling users to fully leverage the innovations within the ecosystem and maximize the benefits that come with it.

Juno Evolution: Key Initiatives

1. Mesh Security: Designed to maximize security and align economic incentives with other L1 blockchains. This initiative will enhance Juno’s security while fostering collaberation and a seamless flow of economic value within the Interchain.

2. Governance Advancement: Establish Juno as the leading Interchain DAO. By leveraging DAO DAO’s flexibility, we will enhance transparency, collaboration and efficiency for Juno and projects on Juno, while enriching innovation across the entire ecosystem.

3. A Technical Roadmap: this will establish Juno as one of the most powerful Layer 1 platforms. Juno's position as the premier platform for project launches will be solidified by performance, scalability, and throughput improvements.

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1. Mesh Security

Juno will deploy Mesh Security, a key component for realizing its vision as the Interchain Incubator. Mesh Security will allow projects incubated on Juno to leverage Juno’s security.

For end users, this means staking Juno to earn other tokens from across the Interchain.

This initiative is made possible by the collaboration between Juno and Osmosis, with the support of some of the brightest minds in the space.

Mesh Security enables the creation of mutually beneficial economic incentives, enriching association between sovereign sister chains within the ecosystem. This will create a flow of economic value for Juno’s users and applications.

2. Governance Advancement

Juno Constitution

The Constitution is a crucial step towards the development of our Governance process; protecting the rights of all participants in the Juno Commonwealth, and outlining the powers, limitations, and obligations of Governance.

Utilizing DAO DAO for Core Juno Governance:

As a decentralized project and community, we are only as strong as our ability to organize. By utilizing DAO DAO to the fullest extent, we will develop the robust and agile governance tooling required for a large community like Juno to thrive.

We will progressively transition Juno Governance to DAO DAO.

The features we will enable, include :-

· Gauge-based funding

· Vesting payments

· Delegation system without the requirement of operating validators

· Multiple-choice voting

· Simplified navigation and discovery of SubDAOs

· Interchain Accounts for secure, trustless control by Juno Governance over accounts on other chains

These represent essential improvements to Cosmos Governance, equipping the Juno Community to govern itself more effectively.

Legal and Business Development SubDAO

As Juno grows, it is important to interface with the legacy financial system. This is crucial for securing listings on centralized exchanges, agreements with market makers to establish deep liquidity, and to form partnerships that advance the interests of the Juno ecosystem.

While many legal entities participate in Juno, there is a need for an official SubDAO and a legal entity to manage agreements and relationships on behalf of the Juno Community.

3. Technical Roadmap

Top Tier Performance

Enhancing Juno’s runtime performance is a top priority.

The first step is optimizing our CometBFT configuration to explore faster block production, while maintaining the overall health of our validator set and uptime.

The second is contributing back to both the Cosmos SDK and CometBFT, with a focus on performance improvements.

This work should result in a substantial increase in Transactions Per Second (TPS) and block speed, making Juno one of the fastest and highest throughput blockchains, and enabling the development of novel application types.

CosmWasm Modules

CosmWasm modules will allow developers to write custom blockchain modules using Rust and CosmWasm rather than Golang. By granting certain smart contracts extra permissions through governance, smart contract developers will be able to access specialized Cosmos SDK features such as BeginBlocker and EndBlocker.

This feature will open up to remarkably faster development of custom functionality on Juno, besides to the ability of applying changes without requiring to upgrade the entire blockchain software.

Tools for Migrating Juno Projects to Mesh Secured L1:

Our aim is to simplify the process for projects to launch on Juno, discover their product-market fit, and transition to a Mesh Secured L1.

A crucial aspect of our roadmap involves developing the tools to streamline this process.

Bitcoin Security with Babylon

Babylon Chain offers a way for Proof of Stake blockchains like Juno to achieve Bitcoin-level security. We will leverage it to further solidify Juno’s security.

Integrating with Babylon’s security opens the access to lower bonding periods for Juno, as Juno stakers can unbond their delegations sooner while the network sustains its augmented security.

Resolution

In 2023 Juno will achieve its vision of becoming the Interchain Incubator.

Executing these initiatives in various critical areas like Governance, Runtime Performance, and Security will enable Juno to stand on a higher ground for projects to launch on. It will also better place Juno to foster mutual collaboration with sovereign chains in the Interchain.

Written by Jake Hartnell, Lobojuno, Rarma, Cameljuno, Traiano & the Communications subDAO. Feedback & improvements by Reece Williams, Maxjuno, AlexFrey, DimiAndre & Jacob Gadikian.