Ontology, a new high-performance public multi-chain project and a distributed trust collaboration platform, has announced the second round of Ontology Triones seed node recruitment plan and rules. The recruitment will began on October 15th, 2018, and will end on November 8th, 2018.
Candidates can register through the Ontology official website. In addition to receiving ONG from basic consumption of the entire chain network system (network fees, storage fees, smart contract fees, and fees from other services), to encourage participation in consensus participating nodes will also receive an additional 1% ONG (10,000,000 ONG) per year for the first three years from the community incentives allocation.
Ontology is committed to building an open-source, open-minded, and collaborative distributed trust ecosystem. This relies on the technology, applications, and governance of the entire Ontology chain network. Ontology will use the Triones Consensus System for the chain network. The system provides distributed, high-performance expansion support with an incentive mechanism to achieve a comprehensive and balanced governance model. The nodes are composed of communities, professional organizations, and technology enthusiasts from across the world. They will constitute Ontology ecosystem co-builders, together helping develop Ontology’s trust ecosystem.
Ontology Triones seed node enlistment conditions are as follows:
- Seed node candidates must have a stake of at least 200,000 ONT.
- Seed node candidates must meet the software and hardware network environment requirements.
- Seed node candidates must complete the application questionnaire.
- Seed node candidates must promise to complete ONT ID trust certification.
Ontology will also open another stake competition for the consensus node spaces, further details will be available at the end of the month.
Can’t make a seed node application but want to participate in Ontology’s consensus mechanism? Check out OWallet’s stake authorization feature.