The Free TON community declares that it achieved enough decentralization and mainnet status as a result on December 22, 2020.
One of the Most Decentralized PoS Networks in the World
TON Free was launched May 7, 2020 as a truly decentralized community-driven blockchain network.
No ICO. No entity. No funding. No ticket sold. TON Crystals are classified on merit. Bring something, get something.
Tangible contributions to the network through competitions or collaboration bids, along with various use cases, are used as levers for ticket dissemination. To date, over 100 competitions have been realized and more than 20 proposals for collaboration have been approved, which together help drive the adoption of TON Free.
Successive validation competitions were held over 4 weeks in Q3, 2020, aimed at isolating the most capable verifiers from around the world on a performance-under-pressure basis. In the end, TON Free ended up with just over 400 validators to make the network confident enough to declare adequate decentralization on December 22, 2020 at 12:00 PM UTC.
On the technological side of things, the Rust verifier goal came from open sources during the same live Zoom call, adding another impressive component to an already large publication. This move was designed to increase performance in relation to network speed, throughput, and also lateness compared to the original C ++ node, in turn contributing to further network improvement, performance, and stability.
Last, but certainly not least, TON Labs released their latest SDK update, bringing the developer experience to yet another level. Many features have been added, making the SDK easier to access and easy to use.
Decentralization Adequate Within 8 months of launch
Free TON’s decentralized governance is divided through more than 15 organically formed, geographically diverse and automatically functioning sub-governance groups (think DAOs), with a new one formed almost weekly. This drives social scalability and task fulfillment through groups of experts who come together based on their professional background to do what they know how to do best, be it development, write smart contracts, creating apps, marketing, public relations, design, etc. “Go in where you fit in” a method that has produced impressive results. In turn, the community is self-governing with crème de la crème best practices floating to the top for implementation, driving further (and better) devolution of governance and community with each new, vis- a-vis scalabilty.
The TON Free community also streamed the generation of a special key block containing the Devolution Statement and its annexes, originally signed by the first launch members. Going forward, there will be new attachments that original members will sign, only this time on the chain.
During the ceremony TON Labs CEO Cyril Paglino said, “The TON Labs team is proud to be the core developer of the Free TON network, bringing new possibilities in the decentralized backend space due to Free TON’s scalability and unique performance” .
A representative of one of the launch members added, “We are delighted to achieve adequate devolution within 8 months of the initial launch. It reinforces the viability of the chosen governance model for this network, and the power of a fast growing diverse TON Free community. “
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