Community

The latest Update on TTC Representatives

TTC | 05.10| 371

Election results and TTC Representatives

Starting April 19, 2019, as the Representative prelim election ended, TTC Representatives began successfully block producing and governing the TTC blockchain. Holders can vote via TTC Connect (iOS|Android) to contribute to the optimization of the network and the evolution of the consensus. In return, voters will gain voting rewards according to the TTC balance used for voting.

For more information on why it is important to vote, how to vote, and how to strategically vote for more voting rewards, please refer to the following links.

Recap on the Election

The prelim election began with 41 candidates with more candidates joining the race during and after the prelim election. The up-to-date list of Representatives can be checked on TTC Connect and TTCScan.io.

Here are the top 50 elected Representatives at the end of the prelim election.

Hashed
123Bit
TTCollision
Kilowa/ttc
New Protocol
CWF Co.
ZGravity
BKL Node #1
Bespoke
SLINode #1
BOOSTTC
Block Crafters
SLINode #2
HKHSC
TTC ONE
Plutus
Siam Miners #1
Tetr1s
TTC SEOUL
TTC WAY
Kyodai Ninjas
TTChamp
t0miner
Hands Up
UWhale
TTC Krub
TTC Community
0xttx0
Sttcky Rice
Island Boys
D.STREET
Socialite
Vamos TTC
Omg JKT
SOSO LAB
Retrica
Bonjour TTC
Poligon
DoubleTree

Introducing PLUTUS: Representative that took the crown

PLUTUS has a suitable strategy and system for the cryptocurrency ecosystem. They are running a system trading platform called ‘Crypto Manager’ and owns a community channel with over 5,000 people. PLUTUS team consists of competent experts such as traders with more than 10 years of experience in their career, AI Programmers and cryptocurrency researchers. They have 3 core abilities they can offer for TTC as a Representative, the ability to read market flow, instituting cutting-edge technology, and TA.

PLUTUS is willing to support TTC by using their technical and community resources. PLUTUS will be in the lead for helping TTC have constructive growth. With more than 5 years of experience in the cryptocurrency market PLUTUS promises they will bring 3 things to the TTC ecosystem.

  1. PLUTUS will become a reliable partner of TTC
  2. PLUTUS will never commit any irregularity as a BP
  3. PLUTUS will dedicate to a sound ecosystem of TTC and contribute to fulfill the vision of TTC

We hope PLUTUS will continue to contribute to a better TTC blockchain. We also hope there are more Representatives as enthusiastic and motivated as PLUTUS to help us build a blockchain for billions.

Recap on Representative Roles

TTC main network adopted the Multi-tier BFT-DPoS as its consensus algorithm. According to this consensus, TTC holders must vote for Representatives — also known as ‘Block Producers (BP) — who perform two major roles for the entire network:

1. record and sync information into the TTC blockchain

2.improve the consensus through proposals and public votes.

The number of votes received by Representatives and their respective rankings are updated in real-time. A Representative in Tier 1 can be demoted to a candidate if its votes are withdrawn due to reasons such as low productivity. Such system will encourage TTC Representatives to always maintain an optimal network status for the ecosystem and users.

If you have any questions, please contact us through our Telegram group and email. Thank you for your support and stay tuned for more exciting news.

TTC Foundation

About TTC
TTC is a blockchain fit for mass adoption and a sustainable token economy model. For details, visit our website.To receive the latest news on TTC, join our Telegram and follow us on twitter.

The latest Update on TTC Representatives was originally published in TTC — Official Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.

Comment 0

delete

Are you sure you want to delete this post?