Overview

MTT Network is a decentralized blockchain platform built on the Cosmos SDK, designed to provide users with an efficient, secure, and scalable blockchain solution. Within the MTT Network, validators play a crucial role by ensuring the network's security and stability, providing consensus support and transaction validation, thereby safeguarding the operation of the entire network.

To ensure transparency and fairness in validator operations, the MTT Validator Protocol has been designed with a comprehensive set of rules and incentive mechanisms. The protocol clearly outlines the fundamental responsibilities of validators, reward structures, and security measures, while also promoting active participation in network governance and maintenance through incentives and penalties. According to the whitepaper, MTT Network employs the Proof of Stake consensus model, with all validators working together to maintain the network's security and stability. Additionally, 10% of MTT Tokens are allocated for mining rewards, further promoting the network’s decentralization and enhancing its security.

The total mining reward for MTT is 210,000,000 MTT Tokens, with a halving event every four years. Public mining will officially begin on January 1, 2025.

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