The TóróNet is a Layer-1 blockchain infrastructure specifically designed to solve real-world problems at scale.
Our vision is for a world of access where finance and technology serve communities so they can fulfill their aspirations for a better life.
TóróNet enables community-driven economies with the infrastructure, frameworks, and toolkits to leapfrog and create their path for development.
The network has smart contracts and tokenization functionalities. It is Ethereum Virtual Machine (EVM) compatible and secured by a proof-of-stake (PoS) & proof-of-authority (PoA) consensus mechanism. It supports both custodial and non-custodial setups to give maximum freedom to users and projects to organize in the best possible manner.
Begin your journey with a simple click!
TóróNet is a layer-1 blockchain designed with the needs of the global South in mind. It has some unique features in order to tackle real-world problems.
Fast enough to be used for real-life situations.
Modified Proof-of-Stake consensus mechanism with Proof-of-Authority such that each node can only commit transactions to the limit of their reserves within time periods or epochs.
TóróNet is a public-permissionned network, governed by the holders of the governance token through its native governance structure.
TóróNet has the unique feature of being gasless on the infrastructure level. Instead, customizable tariffs can be set by the governance structure based on specific use cases and types of transactions.
TóróNet enables the self-organization of community economies. A global network that can express itself locally.
Projects decide how to operate. They can be as centralized or decentralized as needed, they can require KYC and become custodial to fit their local regulatory regimes.
Projects that use custodial functions can enable users to recover lost funds.
User roles can be defined at the blockchain level, opening up endless possibilities for cross-project collaboration.
Current interoperable implementation with the Ethereum network. Other implementations in progress includes Bitcoin network, Binance Smart Chain, and Avalanche C-chain networks.
Decentralized financing of developmental aspirations in several African countries.
Since mainnet went live in August 2022.
Transform global development by our an innovative blockchain infrastructure.
Transform global development by our an innovative blockchain infrastructure.
Transform global development by our an innovative blockchain infrastructure.
On Feb 5, 2022 an exploit of the Meter bridge was revealed. In this article, we will review how this occurred, and how it could have been…
On Feb 2, 2022 an exploit of the Solana-Ethereum bridge was revealed. In this article, we will review how the hack occurred, and how it…
On March 23, 2022 an exploit of the Ronin bridge was announced[1] by the network. In this article, we will review how the hack occurred, and how it could have been prevented.…
