| Roadmap🗺️ | Tokenomics📊 | Fundraising💰 | Docs📄 | Blog📰 |
|---|---|---|---|---|
Yes✅ | No❌ | Yes✅ | Yes✅ | Yes✅ |
Mainnet: TBA | TBA ⏳ | N/A | Gitbook | Medium |
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What is Dill Network?
Is the next generation of modular blockchain networks that specializes in Data Availability. The main goal is scalability and secure data storage, integrating technologies for fast transaction processing and efficient data management. Dill applies sharding, 2D Erasure Coding and other innovative approaches to significantly improve the performance of blockchain networks. It aims to solve the data availability challenges that hinder the development of today's blockchain ecosystems and offers solutions to ensure access to data at minimal cost. Dill solves the problems of scalability and security in modern blockchain systems, offering new solutions for decentralized applications and data management.
How Does It Work?
Dill Network uses two key technologies to achieve scalability and efficient data processing: Data Availability Sampling and 2D Erasure Coding.
Data Availability Sampling allows network participants to ensure that all required data is available without fully loading it. This is especially useful for scaling, as participants can only selectively check data.
2D Erasure Coding works by dividing data into segments and adding redundancy, which allows recovery of lost data in case of partial corruption. This process increases the reliability and availability of data without unnecessary load on the network.
Use Cases
Dill Networks has significant applications in various industries where large computing resources are required:
Artificial Intelligence Training: Dill enables scalable model training without the need for central servers.
Scientific computing: Projects like genomic analysis and climate modeling can be done in a decentralized manner.
Gaming and Metaverse: Provides computing power sharing to improve speed and reduce costs in gaming and metaverse projects. This provides flexibility for the computing needs of many industries
Why Dill?
Offers solutions that are lacking in today's blockchain networks, including the availability of large volumes of data without compromising security and efficiency. By increasing transaction processing speed and improving scalability through sharding, Dill becomes an ideal choice for projects that require a reliable infrastructure with high data availability. Dill is focused on providing a stable and scalable platform capable of processing thousands of transactions per second and offering simple solutions for decentralized applications.
Roadmap
Testnet phase
Devnet - Completed✅
Private Testnet - Completed✅
Public Testnet - Completed✅
Incentivized Testnet - Currently Live 🔥
Mainnet - TBA ⏳
Tokenomics
TBA ⏳
Tokenomics is based on Proof of Stake, which allows network participants to stake their tokens, receiving rewards for participating in the security and scalability of the network. Token is also used for network governance, allowing token holders to vote on proposals for network development and participate in key decisions. In addition, the token can be used to pay for transactions and store data.
Token Utility
Token has several important features. In addition to staking and participating in network management, it is used to pay for data access and transaction costs. Token holders can also receive rewards for maintaining the network through validators, which ensures the stability and security of the network. Dill integrates an economic model that encourages active participation in the development of the network and maintenance of its availability.
Fundraising, partnerships
1. Raised funds from investors on July 16, 2024 Investments at the Pre-Seed stage create a platform for further development, allowing the project to implement its technological solutions and scale the infrastructure.
2. Dill Network's participation in Binance Labs' Season 7 incubation program opens up unique opportunities for project development. Incubation provides access to the Binance ecosystem, including leading experts, resources and tools that significantly accelerate product development and improvement. This recognition of Dill's potential as one of the promising projects in the blockchain world adds weight to it and helps attract new partners and investors.
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