Ontology - The Second Round of Triones Seed Node Applications will open soon










Today Ontology, a new high-performance public multi-chain project and a distributed trust collaboration platform, announced the second round of Ontology Triones seed node recruitment plan and rules. The recruitment will begin on October 15th, 2018, and 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 per year 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.

Learn more about the Triones Consensus System and its Economic Model.

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.

You can read the application terms here and submit an application here.