docs_tfgrid4/docs/decentralization/decentralization.md
2024-12-11 05:46:33 +01:00

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Intro 1

Decentralization

Decentralization, in our view, isn't solely about employing blockchain technology everywhere.

  • Instead, we envision it as the result of a global community collaborating transparently, sharing everything they do, and actively seeking feedback.
  • Our goal is to ensure that the platform we deploy operates in the most distributed and decentralized manner possible.

For us Decentralization if a very serious topic and is achieved in following way:

  • DePIN / INCA
    • The INCA token is the utility like token as used in the ecosystem to let the DePIN flywheel work.
    • DePIN (Decentralized Physical Infrastructure Networks) refers to blockchain-based networks that enable decentralized ownership, operation, and coordination of physical infrastructure, such as cloud, data and network capacity, incentivized through tokenized rewards and governed by community stakeholders.
  • ThreeFold DAO
    • Decentralized Autonomous Organization, is an organizational structure that operates through smart contracts on a blockchain, with decision-making processes carried out in a decentralized and autonomous manner.
  • Farming Pools
    • Group farmers in DAO structures, which could be also legally backed by separate dedicated cooperatives.
    • Each farming pool takes care of management of SLA (service levels), pricing, support, communication to its related farmers.
    • The Farming pools run their own voting process to manage their operations.
  • Cooperative
    • Has mainly a coordination role around Development, Farming Pools, DAO's, Upgrades, ...
    • Promotion of the TFGrid and its ecosystem.
    • Safeguards the decentralization pricinples and the governance.
    • Required operational tasks in relation to anything to the interest of the TF Community.
  • TF Validators
    • The technical components which run the code for the Blockchain (DAO) and other components needed to technically operate the TF Grid.
    • There are multiple independent Validators which run such a validator stack.