TestingExpected Pre-Launch Test: Dec 2025

Ingot Protocol
Simple, Private, Versatile Assets

A streamlined protocol for digital assets, inscriptions, and decentralized applications — designed for privacy, simplicity, and seamless Bitcoin integration.


Core Design Principles

Built for simplicity, security, and universal interoperability

Extreme Minimalism

Only 4 lock types, 2 signature schemes. Core L1 validation in ~4,500 lines with 82 passing tests.

Every line is intentional. Validation completes in ~4,500 lines of code with 82 tests — small enough to audit, large enough to matter.

• Fail-closed design
• Standard templates library
• Unified CLI tooling

Privacy First

MuSig2 enables indistinguishable multi-signature operations, hiding unused paths through MAST and enhancing anonymity.

• Hidden spending paths
• Optional payload reveals
• On-chain anonymity

Universal VM Support

Ingot runs across Tondi VM, WASM, EVM, and future virtual machines — ensuring interoperability without compromising trust.

• Bitcoin Taproot compatible
• Cross-chain bridges
• Extensible architecture

Layered Architecture

Clean separation between L1 consensus, L2 indexing, and application layers

L1 Consensus Layer

Transaction validation and security

Input Validation
• Structure check
• Hash verification
• Signature validation
Lock Verification
• None / PubKey
• ScriptHash (VM)
• MastOnly + Proof
Consensus Rules
• Mass limits (100k)
• Fee validation
• Network isolation
On-chain confirmed

L2 Indexer Layer

State machine and oUTXO rules

Payload Processing
• Schema routing
• Payload parsing
• Asset list extraction
oUTXO Rules
• Single active tip
• Spend old create new
• Conflict resolution
State Management
• Artifact state
• Asset views
• History tracking
Query APIs

Application Layer

User interfaces and dApps

Wallets
Explorers
NFT Markets
DAO Tools

Transaction Lifecycle

From creation to transfer with optional commit-reveal pattern

1

Create Asset

Mint new Ingot output with schema, payload commitment, and lock mechanism.

L1 validates: structure, hash_payload commitment, lock signatures, mass limits
2

Reveal Payload (Optional)

For large payloads, commit first, then reveal later with CPFP/RBF fee optimization.

Phase 1: Commit
• Small TX (<1 KiB)
• Hash commitment only
• Low fee, fast propagation
Phase 2: Reveal
• Full payload in witness
• CPFP/RBF for fees
• ~85 KiB max recommended
Optimization: Separate commitment (cheap, fast) from revelation (can be delayed until optimal fees)
3

Transfer Ownership

Spend old Ingot UTXO, create new one with different owner. oUTXO rules ensure deterministic state.

L2 Indexer: Updates artifact tip, invalidates old state, notifies recipient via API/subscription

Real-World Applications

From creative expression to enterprise solutions—Ingot powers innovation across industries

🎨

Creative & Cultural

Digital art, collectibles, and cultural expression

📜

Digital Inscriptions

Etch messages, poetry, or data permanently on-chain. Perfect for eternal digital legacies.

Example: Artist inscribes limited-edition poem series
Features: Text, images, immutable storage
🖼️

NFTs & Collectibles

Mint ERC-721-compatible NFTs for art, music, or virtual items with royalties built-in.

Example: Musician releases album as NFTs with revenue shares
Features: Metadata, provenance, cross-platform
🪙

Community Tokens

Launch BRC-20-compatible tokens for projects or communities with low fees.

Example: Community launches governance token
Features: Supply limits, merging, transfers
🎮

Gaming Assets

In-game items, characters, and achievements as transferable assets.

Example: Cross-game item marketplace
Features: Interoperable, tradable, verifiable
🏛️

Governance & Community

Decentralized decision-making and collaboration

📊

DAO Proposals & Voting

Create proposals for funding or changes, enable weighted voting with privacy.

Example: Web3 community votes on treasury allocations
Features: Confidential votes, transparent results
🤝

Multi-Signature Wallets

Corporate treasuries using MuSig2 for efficient, private multi-party control.

Example: 3-of-5 DAO treasury management
Features: 67% space savings, on-chain privacy
💬

Social Media & Content

Build censorship-resistant social feeds with posts as inscribed assets.

Example: Decentralized Twitter alternative
Features: Post ownership, cross-platform portability
🆔

Digital Identity (DID)

Create verifiable, self-sovereign profiles following W3C DID standards.

Example: Professional credentials on-chain
Features: Portable, verifiable, privacy-preserving
💰

Financial Services

DeFi protocols and advanced financial instruments

🏦

DeFi Protocols

Lending, borrowing, AMMs built on Ingot's asset model.

ScriptHash for complex logic
💵

Stablecoins

Algorithmic or collateralized with on-chain governance.

Reserve proofs, compliance
📈

Derivatives

Options, futures, swaps via custom schemas.

VM-powered validation
📊

Tokenized Securities

Real-world assets (stocks, bonds, commodities).

Compliance via ScriptHash
🎯

Prediction Markets

Betting and prediction contracts with custom logic.

VM-executed settlement
🎁

Loyalty Programs

Points, rewards, membership tiers as tokens.

Fungible/semi-fungible
🏢

Enterprise Solutions

Business infrastructure and compliance tools

📑

Document Notarization

Legal documents, contracts, certificates timestamped and verified.

📦

Supply Chain Tracking

Product certificates, authenticity proofs, provenance records.

🔍

Audit Trails

Immutable logs for compliance and regulatory requirements.

🔐

Escrow Services

Conditional releases, time-locked funds, dispute resolution.

©️

Intellectual Property

Copyright registration, licensing agreements, royalty distribution.

🌉

Cross-Chain Bridges

Asset representations and state proofs for blockchain interoperability.

Future Vision

Universal Blockchain Interconnection

Execute on any VM. Connect every blockchain. True cross-chain composability.

Current Support

Production ready

Tondi VM
Native script execution, Bitcoin-compatible opcodes, time locks
StandardSchnorr
Bitcoin Taproot (BIP340/341) compatibility, cross-chain tooling
Taproot
Bitcoin Taproot support with Schnorr signatures and MAST for enhanced privacy and efficiency.

Planned Integration

2026 roadmap

WASM Runtime (Q1 2026)
WebAssembly modules for complex computation
EVM Compatibility (Q2 2026)
Ethereum smart contracts, Solidity execution
Additional VMs (Q3 2026+)
Move, Solana VM, Cosmos SDK via governance

Cross-Chain Scenarios

🔗
Multi-Chain Assets

Ethereum tokens on Tondi via EVM ScriptHash. Enjoy Tondi's speed and low fees.

Cross-Chain NFTs

Mint on Solana, transfer to Tondi, bridge to Polygon—all with verifiable provenance.

🏦
Universal DeFi

Accept collateral from Bitcoin, Ethereum, and Solana in unified lending pools.

Technical Highlights

Deterministic Instance ID

Uniqueness guaranteed by outpoint (txid||vout). No SALT needed. Simple, deterministic, conflict-free.

Complete MuSig2 Support

Aggregated signatures indistinguishable from single-sig on-chain. 67% space savings for 3-of-3 multisig.

Fail-Closed Security

Unknown fields/enums → transaction rejected. No silent failures. Maximum security through minimalism.

Registry Test Vectors

100% compliance verification across implementations. S1-S6 test suites ensure ecosystem consistency.

Development Roadmap

CurrentQ4 2025

v1.0 Production Launch

Full feature set with templates and CLI
Devnet and testnet deployment
Registry test vectors published
Genesis inscription and first token
Q1-Q3 2026

Ecosystem Growth

Wallet and explorer integrations
WASM VM support via ScriptHash
Light client SDKs
Cross-chain bridge prototypes
PlannedQ2-Q3 2026

Universal Interconnection

EVM compatibility layer
Multi-VM runtime optimization
Production cross-chain bridges
Enterprise tooling and APIs

Interested in testing Ingot?

Join our testnet or explore the developer documentation to get started.

Available in December
Developer Docs →