Description
Mel is a clean-slate Layer 1 blockchain designed to expand the Web3 vision of a decentralized, secure, and private internet beyond traditional blockchain limitations. It enables a new paradigm of off-chain composability, where decentralized applications (dApps) and network protocols can interact with minimal on-chain code to achieve censorship resistance and radical decentralization. Mel introduces MEL, a cryptocurrency designed to be both stable and trustless, using protocol-internal mechanisms to dampen its value against computation time without relying on oracles. The project is also developing Earendil, a decentralized anonymous communication and payment network intended to resist ISP-level censorship and metadata collection, which will power a new generation of autonomous applications and peer-to-peer protocols.