STORE Community Update - January 2025
January 2025: STORE launches publicly auditable economy with CLEAR protocol integration, advances democratic AI governance, and expands Swiss operations.
Greetings, STORE community! January has marked an energizing start to 2025, highlighted by the successful launch of our publicly auditable STORE Economy. This achievement represents a significant step forward in our mission to create a user-owned and verifiable high-performance cloud computing ecosystem.
We're pleased to announce that our community can now track real-time progress through our protocol at storecloud.org/economy. This development exemplifies our commitment to transparency as we continue building the foundational elements of our democratic cloud computing future.
Engineering
January has been a landmark month for our engineering initiatives, crowned by the successful deployment of our publicly auditable STORE Economy. This system, powered by our innovative CLEAR sub-protocol, seamlessly combines on-chain and off-chain economic activity into a permanent, transparent record. We've achieved comprehensive automation of compliance and transactions, creating an efficient framework for our economic ecosystem.
The CLEAR protocol, which bridges our off-chain and on-chain economies, has moved from development to active implementation. We're pleased to share that the initial draft of our IEEE whitepaper on CLEAR is now available, detailing this groundbreaking infrastructure that has been six months in development.
Significant progress has been made in our permanent storage capabilities, with the successful implementation of Cloud IDs for the STORE Economy. We're expanding these features to include STORE AI Oracle, positioning us to showcase the world's first user-owned and democratically governed AI. Unlike traditional LLMs, STORE AI represents a new class of economic AI, powered by STORE’s Dynamic Proof-of-Stake model.
We've also initiated development of STORE Identity, creating a universal identity framework for protocol users. This system, along with STORE Registration, is being carefully crafted to support our upcoming launch, ensuring a seamless user experience within our ecosystem.
Operations
Our operational focus this month has centered on establishing robust infrastructure across multiple jurisdictions. We've made substantial progress in architecting ATLAS (Automated Transaction Ledger and Accounting System) and expanding CLEAR (Compliance and Legal Economy Architecture Rails), creating a seamless integration between transaction execution and financial reporting.
The Treasury Branch has successfully begun its onboarding process, marking a crucial step in bridging operations from STORE: US to Switzerland. This team is implementing sophisticated tools and processes for ongoing compliance and operations, with particular emphasis on managing both traditional and crypto assets.
We're also advancing the technical, regulatory, and legal framework required to introduce Staking and Depositing capabilities. These features represent exciting economic opportunities for our community, and we're working diligently to implement them either at launch or shortly thereafter.
LEDGER, our solution for reporting and tax compliance, is being developed to address the complex challenge of maintaining compliance across multiple currencies and jurisdictions. By automating accounting and billing processes, we're creating a streamlined financial management system for the entire STORE ecosystem.
Governance
January has brought significant advances in our governance infrastructure, particularly in developing checks and balances for our Treasury and Execution branches. We've created sophisticated tools to facilitate payment approvals and standardized processes for technology proposals through STORE Development Proposals (SDPs).
Our research into democratic scaling has yielded important insights through Hamilton's Ratio, a STORE research discovery that ensures distributed democratic systems grow stronger without centralization. This breakthrough is particularly significant for AI governance, and we're incorporating these specifications into the STORE Constitution's founding draft.
The development of Byzantine Fault Tolerant Democracy (BFTD) continues to progress, with technical specifications being finalized alongside the drafting of articles for the STORE Association in Switzerland. This framework maintains our commitment to ensuring human prosperity in the age of advanced AI while establishing verifiable governance mechanisms.
ATLAS has emerged as a crucial logistics and communication system within the protocol, enabling branches to propose, vote on, and implement protocols under our system of checks and balances. Once operational, it will facilitate public reporting of governance activities across all branches, up to the governor board and governor DAO.
As we move forward in 2025, we remain focused on establishing STORE Democracy in Switzerland and bringing our vision to fruition. We're grateful for our community's continued support as we work to create a truly democratic and transparent future for cloud computing.
Learn More About STORE
Explore STORE's innovative cloudspace architecture and vision for user-owned cloud computing:
Highlighted Materials
-STORE Cloud Series Seed Investment Memo: http://storecloud.org/seriesseedmemo
-STORE Cloud Super Summary: http://storecloud.org/summary
-STORE Technical Demo (video): https://youtu.be/IBB2O_ktMOQ
-STORE Quick Deck: http://storecloud.org/deck
-State of STORE Annual Report: http://storecloud.org/stateofstore2024
Other Materials
-STORE Long Deck: http://storecloud.org/longdeck
-STORE Comparison (L1, DePIN, and Public Clouds: http://storecloud.org/compare
-STORE Launch Plan and Roadmap: http://storecloud.org/launch
Latest Public Research
-Read our IEEE Paper "Enabling Autonomous Computing Through Decentralized Cloud ID Generation"
How To Help Us Grow
-Join as a long-term token partner (invite-only): http://storecloud.org/buyorder
-Join as a long-term equity + token warrant partner (invite-only): http://storecloud.org/equity
-Follow us on LinkedIn and Twitter/X
-Share STORE Cloud with your network
For questions, contact team@storecloud.org
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Telegram Weekly Updates
January 3rd, 2025
Here are the key updates from this week:
🏦 Treasury Branch Onboarding
- Commenced onboarding of the Treasury Branch, a crucial step in bridging our work from STORE: US to Switzerland
- Treasury Branch team will sync tools and processes for ongoing compliance and operations
- Estimated 4-10 weeks of work ahead, marking a major milestone in our launch procedure
⚙️ STORE Economy Transactions
- First release of the publicly auditable STORE Economy, combining on-chain and off-chain economic activity
- Transactions stored permanently on the protocol, forming the foundation for programmable democracy and user-owned cloud computing
- Significant unlock for our R&D efforts
- More features to be added, including economics of storing transaction history and running all economic activity through the protocol
- Aim to build a real-time P&L and Balance Sheet for the protocol operating out of Switzerland
- Live example https://storecloud.org/cloud/transaction/iikk3rloy5
📄 Technical Paper on CLEAR
- CLEAR, the sub-protocol powering the STORE Economy and bridging off-chain and on-chain economies, to be detailed in an upcoming technical paper
- Infrastructure for CLEAR has been under development for 6months
- First day seeing CLEAR in action with the release of STORE Economy transactions
🆔 Cloud IDs and Protocol Exposure
- Incrementally shipping the live protocol, starting with Cloud IDs for the STORE Economy
- Full STORE Economy transaction history dating back to1/1/24 to follow
- Final implementation under review, nearing completion of the build
- Commitment to shipping and reporting at our own speed and capacity
This week marks significant progress in our Swiss launch infrastructure, the public release of the STORE Economy transactions, and the unveiling of the CLEAR sub-protocol. As we continue to bridge our work from the US to Switzerland and expose more of the protocol, we remain dedicated to our vision of programmable democracy and user-owned cloud computing. Stay tuned for more updates on our journey.
January 10th, 2025
We hope you've had a productive week! Here are three key updates:
🏦 Treasury Branch Progress
- Advanced the development of checks and balances governance for the treasury branch
- Completed critical tasks to move towards the next phase
- Making steady progress towards our first launch(storecloud.org/launch)
⚙️ Core Engineering Updates
- Achieved permanent storage and Cloud IDs (proof-of-permanent storage on STORE) for the STORE Economy
- Next milestone is a secondary proof into a blockchain, likely Ethereum
- Expanding the feature to include STORE AI (STORE Oracle)
- Planning to showcase the world's first user-owned and democratically governed AI in the coming weeks
- STORE AI is powered by Dynamic Proof-of-Stake, which is a different class of AIs than LLMs; it is an economic AI
💰 Fundraising and Capital Formation
- Grateful for the community's ongoing support, which is crucial to our development
- Engaging in discussions with potential investors for a larger funding round throughout January and February
- Continuing to invite new buyers to join our community, with a selective onboarding process
- Welcoming new members to build the future together
Looking Ahead
- Preparing dashboards and metrics related to the fundraise to share next week
- Committed to providing regular updates and maintaining transparency
January 17th, 2025
We hope you've had a great week! Here are the key updates on our progress.
🚀 STORE Economy Launch
- We are excited to announce that we will be launching the STORE Economy early next week
- The team is finalizing the build now, and our community will soon be able to track our progress against funding milestones that get us to launch
💰 Treasury Activities
- In addition to the STORE Economy launch, we are beginning the technical, regulatory, and legal work required to bring Staking and Depositing online
- These new Treasury activities will introduce exciting economic opportunities for our community
- We are working diligently to include these features as early as possible, either at launch or shortly after
🆔 STORE Identity and Registration
- We are developing the concept of STORE Identity, a universal identity for every user in the protocol
- This ties into STORE Registration, which is also being built
- Both tools will be ready for the STORE Economy launch
🏛️ Governance and Regulatory Progress
- Our team is advancing through the next set of regulatory questions with lawyers in Switzerland
- We anticipate responses back from them next week, and barring any issues that require additional input, we will begin drafting the articles for the STORE Association
- This will coincide with finalizing the technical specification for Byzantine Fault Tolerant Democracy (BFTD)
🔬 Hamilton's Ratio Research Breakthrough
- Embedded inside BFTD is Hamilton's Ratio, a research discovery made early in our deep tech journey that we've recently been able to communicate and understand mathematically
- Hamilton's Ratio ensures that distributed democratic systems grow stronger without centralization, solving the challenge of AI governance
- STORE Democracy's early implementation of these principles puts us years ahead in governance research, providing a verifiable framework for governing AI
- The implications of this breakthrough extend beyond STORE, offering a blueprint for ensuring human prosperity in the age of advanced AI
- We'll be incorporating these specifications into the STORE Constitution's founding draft
It's been a week of significant progress across the STORE Economy, governance, and our groundbreaking research. We are excited to share these developments with you and look forward to the upcoming launch.
As always, thank you for your continued support and engagement.
January 24th, 2025
This week marked significant milestones in our journey to create a user-owned, transparent, and efficient economic ecosystem for a user-owned and verifiable high performance cloud.
🚀 STORE Economy Launch
We successfully launched the publicly auditable STORE Economy, which includes a comprehensive transaction history (starting 9/1/24 is coming soon). Powered by our innovative CLEAR sub-protocol, this system automates both off-chain and on-chain compliance and transactions, streamlining up to 98% of the process. The STORE Economy provides a publicly auditable record of our economic activity, reinforcing our commitment to transparency and accountability.
📖 Read the first draft of our technical white paper for CLEAR here.
🏦 Advancing STORE Democracy
We made notable progress in developing the checks and balances governance for our Treasury and Execution branches. The Treasury team is finalizing tools to facilitate the approval of payments, while the Execution branch is creating a standardized process for proposing new technology through STORE Development Proposals. By enshrining these mechanisms within our governance system, we are establishing a robust framework for efficient and accountable management of resources.
🌉 Groundbreaking Research in Democratic Scaling
Our recent research into Hamilton's Ratio has yielded a profound discovery in democratic scaling. The Multi-Level Power Distribution insight ensures that distributed democratic systems grow stronger without centralization, solving a critical challenge in AI governance. We are incorporating these groundbreaking specifications into the STORE Constitution's founding draft, positioning us years ahead in governance research and providing a blueprint for ensuring human prosperity in the age of advanced AI.
💰Fundraising Progress
With the launch of the STORE Economy, our community can now track our real-time progress against fundraising requirements at storecloud.org/economy.Building upon this momentum, we will begin the next phase of our fundraise in the coming week.
Our unwavering focus remains on establishing STORE Democracy in Switzerland and successfully launching STORE. We are grateful for the continued support and engagement of our community as we work 24/7 to bring this vision to fruition. See you Monday.