Thinkium Data Nodes Economic Model Upgrade and Recruiting Announcement

To all Thinkium supporters’ notice, we have explored the various changes and gathered millions of users and developers for the past three years. We are now on the way to the next stage of the developing ecosystem and moving forward to the high efficiency of the multi-level-chain system. Thinkium will develop and adapt its high-performance Ethernet-compatible connection to inspire international users’ engagement and ecosystem development, boost stable and steady growth, and adjust the data nodes’ functions.

1. Adjustment reason and content: the original data note voting mode is only suitable for the single chain. To better adapt to the latest technology trends and meet the needs of multi-chain data synchronization and data security, the Governance Committee has decided that Thinkium will stop using the current node voting system and incentive system from January 24, 2022, at 3:00 (GMT-5). The data nodes will directly obtain data verification rewards along with block production.

2. The original data node solution: The original data nodes can apply to become new data nodes and directly unlocked when new nodes launched. It can be converted to consensus nodes after unlocking or the original hold TKMs.

3. New data node requirements: The pledge amount is 500,000 TKM with a pledge time of one year. The initial rewards will be 25% of the total pledge amount every year. As the pledging amount increases, the overall rewards and pledge time will be adjusted accordingly, and data notes will go into the open-competition mode so that the TKM rewarding program changes reasonably upon the time, which is in line with the spirit of blockchain’s openness and fairness.

4. New data node recruitment: We are recruiting 16 data notes that could join us to build and develop Thinkium. The original data nodes will have the priorities of participating for their contributions. The new data node will be launched on January 24, 2022, at 3:00 (GMT-5) to ensure the continuity of data updates and security.

5. New data node application:

Deadline: January 23, 2022, at 11:00 (GMT-5)

Way of registration: Wallet address

Requirement: the wallet address has at least 500,000TKM with a server that meets the configuration requirement of data nodes.

Contact: pos@thinkium.io