Ton Labs: who wants to talk about the launch, Brian do you want to make an intro or anyone you’d like I think.
Speaker1: I think we can start again if anybody for some reason just missed the spring in steps,it should be okay you’ll be able to join later. Your initial bullets are in place so okay let’s start. So let’s wait for about 20 minutes at one point zero state archive will be generated I will send it through telegram to all the devOps engineers and they should perform some steps according to the instruction I believe everybody is aware what is that you need to install this zero state start run script and then you will see and then there will be a kind of infinite look in our side. We need kind of some threshold amount of nodes to start the action of the network and to generate the first block. So we need not all the validators but some reasonable amount. Right now at the point, there are some cleanup steps, maybe some quick notes. We have the correct infrastructure in the chosen area, we publish some scripts, some base reference scripts in the future we are planning to expose our work and what we currently use for the community so you will be able to use it.
Ton Labs: Now I think we have to hear like we have to have to wait and thereafter there is a work that the validators and devOps need to do now.
Speaker1: Right at some point where we initialize our hourly data to generate zero state we will send an archive file to all the devOps.
Ron Millow: Lots of questions have you forked telegram ton? Somebody want to answer that? Obviously the answer’s no but one answer that we didn’t really for.
Ton Labs: Can you think we built from the repository like which is available? if you did, it depends. I mean I think people use the word Fork interchangeably between two different meanings: the fork of repository and the fork of the network. The fork of repository is the basic thing how github works, for example right or git protocol in general you working and you doing something and if the question is about the fork of the network then there is no known network to fork so like how can you fork and network which does not exist? Does it answer the question anyway?
Ron Millow: Hopefully there are general questions like how do I join Free TON? – Go to freeton.org and sign the Declaration of decentralization. Find whether you fit in terms of your interest in contributing and that’s it! Very simple,freeton dot org. Let’s see what else here. Is this a test net ?
Ton Labs: no it’s not.
Ron Millow: did you want to elaborate a little bit on what is a traditional test net and what we have.
Speaker1: I want to add the easy-to-test net. It’s a beta net. What is a beta that it can be a mainnet if it will live in three months you know and if it will be destroyed in any way so the net will be started again from zero state? So is it a test net ? -I think no and we have a beta-net. Maybe somebodyt can comment because we already participated in other beta nets and I mean it was a lot of interesting stuff there. If we find some bugs and we can’t start again from the state in the state you’ll be destroyed so we should start from zero state in other words.
Ron Millow: just in layman’s terms it’s the main net without having had the button the launch button technically for main that push but it’s not a test net. In other words nothing’s gonna change between how it is now and when we introduce more correctly well unless something catastrophic happens.
Ton Labs: this is like a technical experiment. I think this is important to kind of realize that I don’t think it’s ever been done before like what they’re trying to do here so things can go wrong I mean definitely they can go wrong. This is very experimental technology all of it so it can do crazy stuff. so in that respect if not but if nothing happens meaning nothing really catastrophic happens then this network will morph. it will not restart anymore it will morph into whatever. then there is only the point of this centralization I think that decides when it becomes a network. I mean we have to write certain smart contracts. Maybe someone wants to talk about this there?
Sergey: hi guys we miss some of the validators and I want to say that this is from our point of view it’s a try to run something stable, to try to build something on ton network without the risk to have the falling network. We try to build some contracts and applications and we want to be and all the validators are responsible for their knots. we want to debug them and find the box. I think there is no blockchain without such experiments of community and we just participate to be sure that we are preparing the infrastructure for mainnet. Or maybe this network will become mainnet we don’t know. we just need something stable to build upon it and this network.
Speaker1: we have an update as you can see on the screen. there is an infinite loop now this means that zero state was generated. DevOps guys please install it on your nodes and run the script so this infinite loop actually means that our 13 nodes have been started and they are waiting for additional nodes to actually generate the first block. The network will be up after that. so colleagues let’s run your instances
Ron Millow: please start your engines! great, excellent, thank you! That’s Perfect! so the nodes are running. Let’s continue with the question: “do you have a community for validators and how can we join?” yes, if you go to freeton dot org, everything’s self-explanatory there please welcome!
Speaker1: just an announcement, we just started our network! congratulations!
Ron Millow: Ok so the question is about surf. surf this is something that is related to Ton labs. so Ton labs and free ton are not the same thing. Ton Labs is a contributor like everybody else so that’s it. “how will we get ton crystals?” – Does somebody want to take that? “how are we gonna get ton crystals? how are they going to be distributed? Mitja, can you take it?
Mitja: yeah I can take it but it’s all on the website. it’s in the Declaration so, in order to make it really decentralized, first of all, the network has been started, guys, I mean that’s I think the most important part! actually, you saw that in the configuration file everyone got the same amount which is I think 380,000 tokens just to run the validators. then all of the setups of this network was done on multi-sig contract and the multi-sig contract, in the beginning, will act as a voting contract. we have 32 signatures up to 52 signatures to distribute funds from the givers which are holding remind you of almost a hundred percent of the network. Tokens so we will have all of the people who are here will have to vote on any distribution of the further distribution of the tokens. the tokens will be distributed to several activities, I would say the activity of the developer actually the work is just starting. The activity of the developer is to run contests for different solutions that the network needs and some smart contracts. and the first smart contracts not all the new smart contracts like bug bounties and stuff like that. For all the nodes and all the technologies ton incorporates. for the developer giver, the first we need is a smart contract and the smart contracts that we need at first are the voting smart contracts. The soft majority mechanism is this voting mechanism described in the declaration. any of you guys who want to join and write this contract there will be of course a contest for this contract and again, the contest itself even they create a contest. nobody will do that like we don’t we’re not going to do that, it’s you who need to do that and you need to first provide a document – ton improvement proposal or tip and you can see you will be able like we will put it on the website where you will be able to submit the document, to submit the proposal. and then again the community will vote for the proposal and whatever proposal wins then the tokens will be allocated to the best team who will create this contract. and the team who will create this contract will get the stackings from the developer giver. and the contract will replace the multi-sig signature and will replace the multi-sig wallet by this contract. the rest of the tokens by the voting of the token holders so anyone who’s holding the tokens can vote in this contract and the funds will be distributed accordingly. There’s also a validator keeper, and there will also be validator contests because we want more validators to join the network. And then the referral giver. and the referral giver is the largest one; it’s 85% of all tokens. The referral giver distributes the tokens to partners who can come to this network and say: “listen we have a lot of users whom we want to use ton and we want to you know bring our users to this blockchain.” And then all the talking holders will vote and distribute to this party to distribute to their users the tokens. That’s the idea. and of course, I mean, there will be other ways to involve users and distribute the tokens from the referral givers but again, this is not our decision. it’s your decision, the holders’ decisions. did i answer the question?
Ron Millow: great yeah okay let’s also there’s another question here from Ruslan. he asks who or what is IOT on ton? somebody want to talk about that?
Ton Labs: IOT in ton is a company that is created to build a global network of stations. and the backend of that global network of station is to provide short message information
Ron Millow: sorry mark can you clarify maybe?
Ton Labs: so this is the IOT wireless network that uses unregulated frequencies. It covers a huge amount of the earth so you can, as far as I understand, actually buy a device and just switch it on and put it somewhere you don’t need any special installation. And it will then connect with a wallet or the browser to the blockchain to unblock Free ton blockchain. and then you immediately get this sensor sending the information into the blockchain.
Speaker2: you are correct the station will be used as the receiver of the information but in reality, the actual device that you can use for multi-purposes. they could be used for anything from understanding the humidity, if something is open or closed, if something is working or not working. so it’s short messages of information that you can receive over the network.
Aleksander Filatov: can I jump in and ask a question, please? I would like to ask validators who basically made this launch a few minutes ago. and congratulations, by the way! What’s their experience has been so far with the code, with the process? you know just talk to us a little bit, I think it’s very interesting yeah I can
Speaker1: I think I’ll start, Aleksander. We need to run it for a couple of months. This feedback means that we didn’t spend a lot of time and I mean we need more time to test it. I can also describe user experience because they also did some tests of blockchains like polka dot
Sergey: We tried to write some contracts and we have some ideas to realize it on Ton blockchain and to make an excessive exercise to users. we need a stable network that is supported by validators so we waited for a long time for any network where validators are responsible for running their nodes and the network that cannot fall at any time. If we plan to develop something, we need to show this product to investors or to our customers. so that’s why we participate. I don’t want to open their ideas and we want to realize the Ton blockchain but we plan to develop something interesting.
Ton Labs: a technical update. we’re starting the clusters so you will be able to see the blocks and everything in the scanner which is called ton.live/ it’s not yet synced so some of you may see the instance which is working. in just a few minutes I think you will be able to see it. I will show it on the screen once it’s available. sorry now that’s fine
Ron Millow: So somebody’s asking if the beta token has value? it does. to the extent that it will actually have real-world value when we flip the switch to the main net. so there will be no interruption, there will be no problem between the tokens that you have now and the tokens that you will have when it’s the main net. it will essentially be seamless but not to be confused with a test net where you would actually have to redo anything again. Like Mitja had stated, the idea here is to test it in a test network under live circumstances. we’re basically in the main net for all intents and purposes but without the actual value where you could potentially lose something. Did I say that right, Mitja?
Ton Labs: yeah again the idea is not to restart the network unless something catastrophic happens. As described in the Declaration the first stage is that as the network will log, if the network restarts, we hope it never happens, but if it does ,it will come back to the balances we have in the zero state. and if some tokens have been already distributed from the givers then the network will downgrade to the last good block before the network crash. I’m talking about a completely hypothetical scenario. if nothing happens then this network will just continue forever
Speaker3: I don’t know where the course is going to go, but still there’s some value associated with it and there’s no trading yet. well you can’t buy them, you can’t sell them at this point but that will change. Exchanges will list them I think if we get networks ability first. hopefully, that’s not going to take long and we can then have our own exchanges. people will be able to buy or sell them for whatever value they think it’s appropriate.
Sergey Vasylchuk: I have experience in launching many different blockchains and ton is not the first. My experience shows that it is quite good that we start from small communities. Small but very experienced community of experienced leaders. it enables us to muten up fast. The next steps will be to engage more audiences and I believe any of us will use their social media contacts and work to promote others, competitors and friends to join. technically if we calculate all the proof of stake networks and all the validators around that we can easily gather more than hundreds more than 300 so just a matter of time. so I kindly encourage everyone to use the networking social media chip or something like that. guys
Ron Millow: do you feel that the free ton code is ready for the mainnet? How about a stress test? I think we covered that but let’s just reiterate how about stress tests that have been done? Bugs, shutdowns, that sort of thing.
Ton Labs: let me take that. it’s a complicated question. It’s actually not very straightforward; there are no answers like that when the software is ready. I mean I never saw software that is ready. software is something you always write and add and debug. if it’s living of course we can try to stress test the network as much as possible. over the last months provided as much feedback as we could to Nikolai’s team. and I think they did outstanding work on the node. I hope that they will continue to support and develop that network and the technology. That’s one of the reasons we made this three-step process of the network launch. So the question is, is it ready…yes, it’s efficiently ready. I think it works very well right now and is free of every possible bug. Of course not that this code needs to be further improved and there are additional features that are not yet there. As for me, the security standpoint is very important, so I will be fully confident from my perspective when both nodes will run for a certain period of time having the mutual stress test. then we will be able to find out whether there is vulnerability.