Platform

Platform

Telcoin Network: Infrastructure

Telcoin Network consists of infrastructure that is involved the production of blockspace markets, on-chain programs called smart contracts, a continuously updated immutable ledger, and a variety of other goods and services enabled by public blockchains, as well as systems involved the storage, distribution, extraction of TEL from the system by Validators.

Summary

  • Network Infrastructure: The technological systems involved in the creation, storage, maintenance, generation of blockspace markets, TEL, smart contracts and other goods and services on Telcoin Network.
  • Governance Infrastructure: Systems, used by governance organizations with authority over Telcoin Network at various stages of development, to create, implement, and enforce operational rules regulating human and technological interactions with Telcoin Network.

    • Overview

    ComponentDescription
    Network Infrastructure

    The technological systems involved in the creation, storage, maintenance, and generation of goods and services on Telcoin Network, managed by the Platform, Treasury Councils using the TELIP process.    		· Production Facilities: Mempool Protocol, Consensus Mechanism, Ethereum Virtual Machine
    · Storage Facilities: Telcoin Network Distribution Safe, Immutable Distributed Ledger
    · Extraction Facilities: Telcoin Network Issuance Contract
    · Destruction, Regeneration Facilities: TEL burn contract
    Governance Infrastructure

    Systems used by the Platform, Treasury Councils to create, implement, and enforce operational rules regulating human and technological interactions with Telcoin Network.    		Before to Telcoin Network main net with 20 Validators
    · TAO NFTs: Distributed to TAO members a result of TGIP-1, empowers members with proposal and voting authority over their snapshot and proposal authority over all snapshots.
    · TAO Snapshot: The TAO uses the TAO snapshot to manage Telcoin Network.

    After Telcoin Network is live with 20 Validators
    · Council NFTs: Platform, Treasury Council Members possess Council NFTs as a result of selection processes, which empowers them with collective-control over their Snapshots.
    · Council Snapshots: The Platform, Treasury Councils, through their shared control over their respective Snapshots possess authority over local Telcoin Network operational rules e.g. harvesting, construction, maintenance.

    Telcoin Network: Network Infrastructure

    Telcoin Network is composed of a variety of infrastructural components involved in the production of blockspace markets, on-chain programs called smart contracts, a continuously updated immutable ledger, and a variety of other goods and services enabled by pub...