FAQ and next page
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- [Mission]("/mission")
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- [Tech]("/grid")
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- [Grid]("/grid")
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- [Build]("/build")
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- [Farm]("/farm")
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- [TFT]("/tft")
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@@ -62,7 +62,7 @@ ThreeFold is an end-to-end autonomous cloud platform designed to deliver ultra s
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<br>
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<button>[Learn About Grid Technology](/grid)</button>
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<button>[Learn About the Grid](/grid)</button>
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<button>[Use the Grid](/build)</button>
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{% end %}
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After more than five years of building and expanding the open-source ThreeFold Grid, it's now time to go commercial. This includes the introduction of a Cooperative model, ThreeFold Cloud services, and some shifts with TFT.
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<br>
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<button>[FAQs](/nextfaq)</button>
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<button>[Participate in the Plan](https://forum.threefold.io/t/november-30-2023-threefold-community-call-recording/4153)</button>
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{% end %}
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{% row(style="center mtop narrow") %}
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{% row(style="reverse center between margin") %}
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### TFGrid 4.x Will Be a Distributed Cloud Platform
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### TF Grid 4.x: A Distributed Cloud Platform
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We have always differentiated ourselves from a crypto project. Our belief is in utilizing a token as a utility for creating and using IT (Internet) capacity. Starting with TFGrid 4.x, we are implementing changes that will further set us apart.
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We have always differentiated ourselves from a crypto project. Our belief is in utilizing a token as a utility for creating and using IT (Internet) capacity. Starting with TF Grid 4.x, we are implementing changes that will further set us apart.
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<br>
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#### ThreeFold Cooperative
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We will use a cooperative as our decentralization mechanism. These are well proven governance structures. Every farmer and buyer of IT Capacity from the TFGrid will be part of this cooperative.
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We will use a cooperative as our decentralization mechanism. These are well proven governance structures. Every farmer and buyer of IT Capacity from the TF Grid will be part of this cooperative.
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<br>
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@@ -44,9 +49,13 @@ A 100% owned subsidiary of the Cooperative in a chosen jurisdiction (probably BV
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{% end %}
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{% row(style="center mtop narrow") %}
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{% row(style="reverse center between margin") %}
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@@ -68,11 +77,11 @@ The minting rules are becoming more strict thanks to a recently-passed Grid Enha
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{% end %}
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{% row(style="center mtop narrow") %}
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### ThreeFold Cloud Will Build Commercial Offerings
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### TF Cloud Builds Commercial Offerings
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ThreeFold Cloud will build and commercialize services, reserving and purchasing the capacity it requires on TFGrid 3.x and TFGrid 4.x using TFT.
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ThreeFold Cloud will build and commercialize services, reserving and purchasing the capacity it requires on TF Grid 3.x and TF Grid 4.x using TFT.
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<br>
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@@ -88,15 +97,19 @@ While we believe in TFT and see it as an essential component in the ecosystem, a
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{% end %}
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{% row(style="center mtop narrow") %}
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{% row(style="reverse center between margin") %}
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### ThreeFold Tier S<br>Data Center Concept
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### ThreeFold Tier S Data Center Concept
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A substantial number of new data centers, ranging from hundreds to thousands, are anticipated for deployment in emerging markets. There's a strong sentiment in these markets favoring a leapfrogging approach, moving beyond the conventional Tier 3 data center model, which is increasingly seen as inadequate.
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A substantial number of new data centers, ranging from hundreds to thousands, are anticipated for deployment in emerging markets. There's a strong sentiment in these markets favoring a leapfrogging approach, moving beyond the conventional Tier 3 data center model, which is increasingly seen as inadequate. Dive deep [here](https://info.ourworld.tf/datacenter/).
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<br>
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#### The Grid Expands
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We are having serious conversations to deploy a lot of capacity over the next few years. The aim is that these data centers would be 100% sustainable and hyper-reliable. Our goal is to ensure that the capacity provided by these data centers is partially made available globally as an extension to the open-source TFGrid 4.X. This will introduce a substantial amount of capacity into the market.
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We are having serious conversations to deploy a lot of capacity over the next few years. The aim is that these data centers would be 100% sustainable and hyper-reliable. Our goal is to ensure that the capacity provided by these data centers is partially made available globally as an extension to the open-source TF Grid 4.X. This will introduce a substantial amount of capacity into the market.
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{% end %}
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97
content/nextfaq/index.md
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content/nextfaq/index.md
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---
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title: "Next | FAQs"
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description: "A global movement together building an open-source, community-driven, decentralized Internet – from the ground up." # quotation marks to allow colons where used
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date: 2018-09-14T21:00:00-05:00
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updated: 2021-02-20T14:40:00-06:00
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draft: false
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extra:
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author: Your name here
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imgPath: images/threefold_globe.png
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---
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<!-- section 1 (header) -->
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{% row(style="center narrow") %}
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<br>
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<br>
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<br>
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<br>
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## ThreeFold Goes Commercial | **FAQs**
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ThreeFold's next phase is about commercialization and utilization. Some changes are coming which we believe are in the benefit of the project and all of us. Got questions? We've got answers.
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<br>
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<button>[The Plan](/next)</button>
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{% end %}
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{% row(style="reverse center between margin") %}
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#### Is the grid reliable? How will I be able to ensure my workloads are safe?
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From a pure tech perspective, redundancy can be achieved by means of the quantum safe storage system, replication, Web Gateways, and more. However, this is too difficult for the starting user and we will need more tooling around it. Beyond that, in Grid 4.x, TF Cloud will provide support, Service Level Agreements, and easy credit card payments to provide a safe, smooth, and reliable experience. Farming pools will help as well, providing visibility into who is who and clarifying reputation regarding who reached which levels of service, uptime, and so on.
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<br>
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#### What is a cooperative and why are we moving in that direction?
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A [cooperative](https://www.ica.coop/en/cooperatives/what-is-a-cooperative) is an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically controlled enterprise. In the next phase of ThreeFold it is crucial we have governance done well and in a way which is widely accepted. Cooperatives present a well-proven governance structure.
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<br>
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#### Can you explain more about farming pools?
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Farming pools allow farmers to group together and adhere to minimum service level agreements in order to provide reliability and trustworthiness for people using the capacity. Every 4.0 Farmer will be required to join a farming pool. Farming pools will have the opportunity to set the pricing for services they provide, and the option to stake on their farms. The pools will also prvide a regulated and centralized approach to staking, holding, selling, and buying of TFT. All in all, this creates a more simple and trustworthy experience for customers.
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<br>
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#### What will marketing look like in the new system?
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Marketing and promotion will be done by different participants: the new ThreeFold Cooperative, TF Cloud, OurWorld promoted ventures, and more. Each of them will have their own teams, purpose, mission, vision, and funding sources. Therefore it will be more of a collaborative ecosystem approach rather than one entity responsible for all.
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<br>
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#### Will there be a strategy for node vendors?
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In Grid 3.x, things remain the same. In 4.x, there is the new concept of farming pools. Node vendors can create their own farming pool or work with another one to define the rewards. For example, if a node vendor is also giving support and the farming pool is doing the publicity, the vendors and node hosters can split the revenue at their own discretion.
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<br>
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#### What do we expect for the TFT?
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TFT remains a crucial component of our project. We are not here to speculate but there are some considerations and we have our own beliefs:
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<br>
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Previously the limit for total tokens in the ecosystem was 4 billion. To date, +-900 million tokens have been minted. With rules of farming becoming more strict in Grid 3.x and the halting of minting from Grid 4.x, we anticipate a positive impact on the market value of TFT, aligning with our commitment to sustainable and value-driven growth.
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<br>
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Please note that TFT should not be seen as an investment instrument.
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<br>
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#### What happens for the validators?
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There are three intriguing ways for people to use their acquired tokens:
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<br>
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1. Staking on the validators in 3.x. For the moment, we have to find the nine initial guardians. As a note, the ward went from 5% to 25% on revenue.
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2. Staking in Farming Pools in 4.x. Discount levels and other rewards to be determined.
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3. Staking on 3Nodes in 4.x. This is needed for reputation with slashing potential.
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<br>
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Note: There has been a change in architecture since the validator program was concieved. We will go all in for peer-to-peer and a regulated approach.
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<br>
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#### I have more questions
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Great! We're happy to answer. We invite you to join the forum and ask your questions [there](https://forum.threefold.io/t/november-30-2023-threefold-community-call-recording/4153).
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{% end %}
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