Free TON Community Achieves Sufficient Decentralization With the Network Beco...
The Free TON community declares achieving sufficient decentralization and mainnet status as a consequence on December 22, 2020. One of the Most Decentralized PoS Networks in the World Free TON was launched May 7, 2020 as a true community-driven, decentralized blockchain network. No ICO. No entity. No funding. No token sale. TON Crystals are distributed on the basis of merit. Bring something, get something. Tangible contributions to the network via contests or collaboration proposals, coupled with diverse use cases, are used as token dissemination triggers. To date, over 100 contests have....
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With more than 400 validators and DAOs, Free TON is now considered in mainnet status. The Free TON project, a community-led software fork of Telegram’s ultimately ill-fated attempt at launching a blockchain, announced on Tuesday the launch of the project’s effective mainnet.The network had originally launched in May 2020, building on Telegram’s code base but otherwise showing no association with the communications company and related $1.7 billion initial coin offering.Tuesday’s mainnet announcement is mostly a formality, as it does not involve new network launches. Instead, the developers....
The Free TON–Dune Network merger represents one of the first decentralized M&A deals. Free TON, a community-driven blockchain promoting decentralized self-governance and freedom of speech, has acquired Dune Network through a community merger mechanism that was recently approved by both camps.An amended Dune community partnership proposal filed in January was approved on Tuesday, bringing the Free TON merger one step closer to fruition. Dune Network, which is a decentralized platform for distributed applications, said the merger will strengthen both communities and support the global....
Free TON is a community driven blockchain network with a focus on decentralized governance based on the open-source TON project which was previously developed by Telegram. Dune Network is a platform for distributed applications over a blockchain, focused on safety and security. The two groups will now begin to merge following a successful vote for a decentralized M&A proposal. First Decentralized Merger and Acquisition More than 50% of participating community members have voted in favor of a merger proposal between Free TON and Dune Network. This is important for both groups as the Dune....
The Bitcoin mining landscape has undergone shifts over the past year due to China’s crackdowns. Here’s some data that shows how decentralized the BTC network currently is. State Of Decentralization On The Current Bitcoin Mining Network One way to study about decentralization in the BTC mining network is to go through hashrate dominance data of […]
Substrate-based DeFi privacy protocol, Manta Network, announced treasury changes to its Kusama parachain, Calamari Network, locking 7.5 billion $KMA, or 71.5% of the total $KMA supply, in their decentralized treasury. The latest move by Manta Network aims to boost decentralization on its platform, with the funds requiring governance from the community to be unlocked. “Calamari […]