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1. Timeline & Tasks

Purpose​

The purpose of Theodoric-II is to start and run a testnet that will continuously operate, even while mainnet is live.

For the design behind Dchain and its dedicated function to host onchain securitisation applications, see the series on Vertically Integrated Architecture for Onchain Securitisation.

Scope​

Test-Theodoric-II is based on v0.53.4 cosmos-sdk with the following modules:

  • dgov: Dchain specific governance:
    • opt-in governance for DT stakers who delegates for staking but not for governance voting to validators
    • 2 tiers governance: oversight committee (OC) and Opted-In DT Stakers
  • notary: notary service for assets, currently supporting AssetInvoice. Notarised assets are expected to be collateral to the securitised assets - securities tokens.
  • mint: A reduction period logic similar to bitcoin halving is implemented. Minting goes live only after MintingRewardsDistributionStartEpoch.
  • abstractaccount: Abstract account module to support smart accounts to support multiple authentication schemes such as webauthn
  • vcv: Verifiable Credential Verifiers for routing requirements for verifiable presentations for block processing and transactions
  • tokenfactory: Token factory module to support creation of new tokens, minting and burning
  • primarymarket: The Primary Market for price discovery for the onchain originated and issued securities tokens

Initial 4 weeks timeline​

Theodoric-II gensis is scheduled for the 16th Oct, 2025 at 09:00 UTC | 10:00 BST | 11:00 CEST | 18:00 KST | 19:00 AEST | 02:00 PDT | 05:00 EDT

Week 0: 9th Oct - 15th Oct, 2025

  • Validators to ensure they have valid Verifiable Presentations (VP) (see instructions for details).
  • Validators to submit their dchain base account address (starts with dchain1) for pre-genesis allocation by Sun 12th Oct, 2025 12:00 UTC
  • Theodoric-II node (Dchain v0.8.0) and pre-genesis.json available on Mon 13th Oct, 2025 18:00 UTC
  • Validators to submit genesis transaction by Wed 14th Oct, 2025 18:00 UTC
  • Final genesis file to be published by Thu 15th Oct, 2025 09:00 UTC

Week 1: 16th Oct - 22nd Oct, 2025

  • Network starts
  • Explorer deployed
  • Notarisation begins, DTs burning begins (optional for validators to test)

Week 2: 23rd Oct - 29th Oct, 2025

  • Documentation published for DGov Opt-In governance
  • Testing of DGov Opt-In governance (optional for validators to test)

Week 3: 30th Oct - 5th Nov, 2025

  • Deploy Dgov portal for public users (smart accounts only)
  • Deploy Staking portal for public users (smart accounts only)
  • Proposal #1

Week 4: 30th Oct - 5th Nov, 2025

  • Proposal #2 Chain Upgrade proposal (include Tokenfactory and Primary Market modules) in preparation for PlatformD deployment.
  • Proxy smart contract (smart account) upgrade deployment in preparation for PlatformD Suppliers testing.
  • Chain Upgrade (passing proposal #2)