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Introduction

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 is a very serious topic and is achieved in the following way:

  • DePIN
    • 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.
  • INCA
    • The INCA token is the utility token as used in the ecosystem to let the DePIN flywheel work.
  • ThreeFold DAO
    • A 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
    • A farming pool is a 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 and communication to its related farmers.
    • The farming pools run their own voting process to manage their operations.
  • Cooperative
    • A cooperative acts mainly as a coordination role around development, farming pools, DAO's, upgrades, etc.
    • It manages the promotion of the TFGrid and its ecosystem.
    • It safeguards the decentralization principles and the governance of the ecosystem.
    • It requires operational tasks in relation to anything that is of interest to the ThreeFold community.
  • TF Validators
    • Validators manage the technical components which run the code for the blockchain, including the DAO, and other components needed to technically operate the TF Grid.
    • There are multiple independent validators and each of them runs a validator stack.