The Tangle Network is crafted to deliver decentralized cloud services, emphasizing Multi-Party Computation (MPC) as a Service (MPCaaS). Tangle Network offers a dynamic and collaborative ecosystem where validators, application and infrastructure developers, and token holders can engage, leverage, and push the boundaries of MPC solutions to unlock digital privacy through the secure computation of private inputs.

Tangle empowers application developers by providing seamless access to state-of-the-art MPC solutions, including Threshold Signature Services (TSSaaS) and Zero-Knowledge Proof Generation Services (ZKSaaS). This access enables developers to execute sophisticated cryptographic operations efficiently, eliminating the complexities and burdens of development and infrastructure maintenance.

Tangle Network will introduce an innovative restaking mechanism that rewards validators beyond traditional block validation efforts. This unique system compensates validators for their direct involvement in MPC tasks, fostering a deeper engagement with the network’s operations through restaking. This model not only incentivizes participation but also aligns with Tangle’s mission to advance privacy and security within the blockchain space. More details on how to use the Tangle Network can be found here.

The TNT token refers to the native cryptocurrency of the Tangle network, and serves several key purposes within the Tangle ecosystem:

Governance: TNT token holders can participate in the governance of the Tangle network by proposing or voting on changes to the protocol, system upgrades, and other improvements. This ensures that decision-making power is decentralized and distributed among stakeholders.

Staking: TNT tokens can be staked by validators and nominators to help secure the network. Validators are responsible for validating and producing new blocks, while nominators support validators by selecting them and staking their TNT tokens as a form of backing. Staking helps maintain network security and integrity, and those who participate in staking are rewarded with additional TNT tokens as an incentive.

‍Gas Metering: Gas is used as a computational unit to measure the cost of transactions and smart contract execution within the EVM integrated through Frontier. TNT tokens can be used to pay for this gas, ensuring that resources on the network are used efficiently and preventing abuse.

‍Network Transactions: TNT tokens can be used for conducting transactions within the network, serving as the medium of exchange for services, assets, or other tokens. This provides liquidity and facilitates economic activity on the Tangle network.The TNT token refers to the native cryptocurrency of the Tangle network.

For a comprehensive list of requirements and a step-by-step guide on setting up your validator node, please visit our documentation site at Tangle Validator Guide. You may also connect with experienced teams and fellow validators in communities at the Tangle's Discord channel.

Validators are crucial for the network's security and receive rewards based on era points accrued from various network activities. Learn more about validator rewards here.