Ring Network Announcement

TTT
RingNetwork
Published in
2 min readJul 15, 2019

Dear Community Members,

First let us apologize for the delay in updates, but after careful deliberation we have made a tough operational judgment call about the proposed upcoming mainnet changes. Unfortunately, we have to pause the work being done to bring the Ring Network testnet into mainnet.

Given what happened during and after the 2018 cryptocurrency crash, the resources we have left to fuel development of the Ring Network testnet has been impacted to a point where we had to make the difficult call to put that development effort on pause. As unfortunate as this is, this will allow remaining resources to be allocated for the continued support on the current mainnet infrastructure. Of course we still encourage community feedback and involvement, and hope to rise up and innovate further when the time is right.

This means that the testnet for Ring Network, including the new DAG explorer, will not be supported until further notice. As such, we’ll not push forward with listing the RNG token into any of the cryptocurrency markets at this point. However, we would like to clarify that the mainnet of the TrustNote network has been operating well and has proven to be stable. The TTT token will continue to trade on Bit-Z and BiBox exchanges.

On behalf of the Ring Network development team we wish to thank all of our valued community members, and encourage them to continue to develop as they see fit. If you have any questions, we are still here to help. We appreciate your continued support, and will keep you updated about any future developments as the situation changes.

Kind regards,

The Ring Network

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