We did all the required development for the release of our L2 Validators on the Cosmos chain. It’s live on testnet (3.6 release). However, we suggest to hold on the release for the reasons mentioned below:
Reason of delay:
We were recently introduced to the Algorand folks and we’re exploring multiple synergies with their community and ecosystem. Algorand is one of our favorite blockchains and we’ve started doing some proof of concepts and research. Algorand also enables side chains, something important for our Internet of Internets model. Their technological infrastructure is very nice and they’re gaining traction.
Our team is exploring the feasibility and synergies for a meaningful partnership over the next few weeks. Having a strong blockchain partner can be very valuable as it would improve ThreeFold’s position towards emerging projects and partnerships we’re working on around banking and countries. We hope our community supports this delay for us to lock-in the best opportunities for the ThreeFold ecosystem.
Proposed solution:
Lock the current validator application on the current money blockchain (Stellar) to allow the reservation of validators and secure their position. We’re working on more info related to this potential way forward.
The proposed process for now is to have validators go to a web page, use their TFConnect to make their validator reservation, stake their TFT (link to their validator) on Stellar. Once ready for physical deployment on Cosmos or Algorand, only registered validators on Stellar will be able to officially deploy on the new chain.
- OK with waiting for validator roll out till we have better view on blockchain partnership
- Not OK
0 voters