K-LAOS

K-LAOS serves as a test network for LAOS, which will be the Parachain deployed in Polkadot.

LAOS will, from day 1, enable use cases in the most mature ecosystems (Ethereum, Polygon, etc.) that are currently impossible. 

At a feature level, it will be the first layer-1 blockchain that will eventually feature a throughput on par with Polkadot, focused on Digital Assets, as well as Bridgeless Connectivity, namely, the possibility to scale transactions on any programmable blockchain without the need to use bridges.

With these, LAOS vision is to become the consensus system adopted by all chains to scale their Digital Ownership transactions, instantly & securely, without the need for bridging. Likewise, it aims to lead the paradigm shift towards true utility and mass tokenization, beyond speculation and scarcity, for the next generation of web3 applications.

With LAOS, blockchains like Ethereum and Polygon can offload NFT minting and evolution, freeing up their capacity to focus on areas where they provide greater value, such as trading, lending, and accessing DeFi & liquidity services. Minting alone accounts for over $1 billion in annual gas fees and frequently congests both chains. This situation primarily enables speculative use cases that exploit extreme scarcity.

Compared to L2s, scaling via LAOS avoids the usage of bridges, which not only are the focus of constant hacks, but also add extra friction to UX, forcing users to bridge their currencies to start trading. With LAOS, users trade in their native currencies, and bridges are simply not required.

Finally, LAOS also features Decentralized Asset Metadata Extension at protocol level. This enables any actor to permissionlessly extend what an NFT describes, irrespective of its originating blockchain, and evolve it over time, opening a new plethora of use cases, including usage of assets across different DApps, managing copyright reporting, and the permissionless issuance of valuations about Real World Assets.