Governance
Contributors to the TIME Blockchain.
Last updated
Contributors to the TIME Blockchain.
Last updated
TIME Provers, who are validators of the TIME Blockchain, have decision-making authority on various governance matters. As TIME Blockchain embraces openness, anyone who has demonstrated a certain level of contribution to the ecosystem can join as a validator through the governance verification process. TIME Provers possess decision-making power on various governance issues.
In the TIME Blockchain, out of the initial issuance of 11 billion TIME coins, 10 billion TIME coins are held in the Ecosystem Wallet, while the remaining 1 billion TIME coins are stored in the Validator Wallet. TIME Provers who join the TIME Blockchain will be rewarded with TIME coins for their contributions to the ecosystem on a regular basis. The first TIME Prover is the ANTTIME Foundation. ANTTIME Foundation has pre-allocated 100 million TIME Coins from the initial issuance to support the overall technology and ecosystem expansion of the TIME Blockchain, in conjunction with Validator wallets. If any other TIME Provers join, the rewards will be divided among them based on their contributions.
✅ Ecosystem Wallet: 10,000,000,000 TIME
✅ Validator Wallet: 1,000,000,000 TIME
✅ TIME Prover Joining Criteria: 10,000,000 TIME
📌 Governance Process: We will provide detailed information about the initial governance process and the method of joining as a TIME Prover in the future.
📌 Ecosystem Wallet: It stores the initial supply of 10 billion TIME and is used for the conversion of TIME for ANTTIME participants. Once the TIME balance reaches zero, it will transition to a full TIME Prover system. Please refer to TIME Halving for information on TIME production.