DAG-based DLT project TrustNote completes major rebrand to Ring Network
- TrustNote , a pioneer in DAG-based distributed ledger technology and its development platform for a tokenized economy, has announced a new name, a new logo, and a new website as part of an extensive rebranding initiative.
- Our unwavering commitment to combining DAG based ledger structure and robust consensus mechanisms to build a more scalable and more secured distributed ledger system remains the same.
- The new name and logo were developed through a collaborative process and aligns with the project’s mission to make development easy, fast and scalable, and bring trust to an untrusting environment for everyone on every device at a low cost.
- Learning from the MimbleWimble protocol, Ring Network will utilize Hush function, ECC-based homomorphic encryption, aggregatable signature and transaction aggregation in the design and implementation of the privacy token, with mining and wallet support.
- Ring Network
Ring Network is the world’s first scalable MimbleWimble implementation of a DAG-based distributed ledger system and its development platform for a tokenized economy.
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