The Towns protocol allows for the creation of programmable group chats called 'spaces'. Each space is owned and managed by its creator or community. These spaces support encrypted messaging, on-chain memberships, staking mechanisms, and monetization through smart contract functionalities. The protocol is designed to allow users to build communication platforms without relying on centralized intermediaries.
The Towns protocol was developed by the team behind the Towns application, founded by the creators of Houseparty, a social video app acquired by Epic Games.
The network is secured through proof of stake (PoS). It activates the features and functions of the protocol. It grants token holders the authority to make decisions regarding the development of the protocol.
The architecture of the Towns protocol includes the following components: – A second-layer blockchain for executing smart contracts and recording state changes – A decentralized off-chain node for transmitting encrypted messages in real-time between participants – Standardized smart contracts that enable programming the logic for creating and managing spaces and memberships.
All communications on the network are encrypted end-to-end. Developers can use the protocol to create customizable front-ends, plugins, or management tools for their spaces.
Towns offers a model where messaging environments are programmable and owned at the application level. Unlike traditional social media platforms, Towns does not retain control over user data, monetization, or access. Each space can apply custom rules, membership fees, access gateways, or participation-based incentives through smart contracts published by its creator. @Towns Protocol