Post
Topic
Board Announcements (Altcoins)
Re: Stashware: a secure and permanent decentralized storage platform
by
bjlanza
on 20/07/2020, 23:02:31 UTC

What an exciting moment, i suppose. I mean, in this quarter you will set quite important issues for the success of the project. Could you be more explicit with the Testnet and with this two points that appear in the roadmap https://stashware.net/about-roadmap.html?

- Mainnet release phase 1 with 3 seed nodes.
- Mainnet confirmation and public phase.


This weekend we have a recap with the Developer Team, and we are in the tracks of our planning. Of course it demands lot of effort and lack of sleep but still not barrier ahead.

Well soon we will launch the inside private testnet to start looking for performance issues and solve the expected problems that should happen.

After that and with the insights of the testnet we will launch the Mainnet.

In the economic paper that you can read at  https://stashware.net/token-economic.pdf

First we will test the production ready release of Stashware that is the first point you say. And then Mainnet public phare.

Just to remember that there are 2 stages.

Stage one (Mainnet phase-1): This phase is about 15 days. During this phase, 20 nodes will be nominated and 8640 (576*15) blocks will be created and total reward will be approx. 11,000,000 SWR. Namely, for each block 1,300 SWR is given to the miners.
Stage two: Mainnet phase-2 mining will be around 49,000,000 SWR within the following 20 years. That is the public phase that any node with enough staking of tokens can participate in the validation of blocks.