Welcome to the Grow Distributed Governance Framework (“DGF”) interface.

This interface is provided by Node Governance Sàrl (hereafter referred to as “Node Governance”) but controlled by the Grow DGF. The Grow DGF uses this interface to share information and enact the governance over the Grow Blockchain. Whether you’re a seasoned blockchain enthusiast, a curious newcomer, or an avid participant in the community, we welcome you to check out the Grow DGF interface.

Governance is the way that decisions get made. Some blockchains rely on centralized governance, while others aim for decentralized and community-driven governance. Decentralized (sometimes called “distributed”) governance is not easy. It requires various mechanisms and processes designed to ensure the network's security, stability, and evolution. These processes include input from the community while shielding the blockchain from bad actors. The goal of distributed blockchain governance is to ensure that decisions are made collectively and transparently, reflecting the interests of the community as a whole rather than being controlled by a central authority.

The Grow Blockchain is governed by the Grow DGF, a blockchain governance coordination protocol made up of Grow Node Owners.

The Node Network DGF is a set of rules for managing the Grow Blockchain. These rules have been adopted by and agreed to by all Node owners comprising the Grow Node Network, pursuant to a charter that was duly ratified. The Grow Node Network consists of Grow Node Owners who have purchased a license to a Grow Node. Node licenses include rights and responsibilities within the Grow DGF, such as the right to vote on governance proposals. The Grow DGF is responsible for governance of the Grow Blockchain, the features of the Distribution Algorithm, the infrastructure, and other common resources.

The administration of blockchain governance is supported by Node Governance, a Swiss entity dedicated to this purpose. Node Governance was delegated certain authority under the DGF charter to operate on behalf of the Grow Node Network. Among the duties assigned to Node Governance is to assume the responsibility of getting the GROW token listed on various exchanges and to facilitate proposals and voting.

A blockchain is a digital ledger of transactions, distributed across a network of computers. Each block contains a list of transactions, and these blocks are linked together in chronological order to form a chain. What makes it unique is its decentralized and transparent nature: every participant on the network can see the entire chain and verify its validity, and once information is added, it's nearly impossible to alter without the consensus of the network. This makes blockchain a trusted and verifiable system without the need for central oversight.

Blockchain technologies are often described as layers, with each subsequent layer building upon the speed, security, and reliability of the previous one. The Grow ecosystem is built on top of the following layers:

Layer 1: Grow Blockchain
The Grow Blockchain is a reward chain that operates on a fork of the Ethereum blockchain and uses a Proof-of-Authority consensus mechanism. This layer is governed by the DGF based on a duly ratified charter.

Layer 2: Grow Ledger Technology
The Grow Ledger Technology, or the software and accounting layer comprising the source code of the Node Network DGF, and the operably associated smart contract(s) built on top of the Grow reward chain network, consults with the licensed software nodes providing input data and/or confirming data, information, or actions operating with the Grow Ledger Technology to facilitate data validation on the Grow reward chain. Actions of the nodes lead to points, which then lead to the Grow Blockchain distribution of digital rewards. The accounting on the ledger is facilitated by the nodes and added to the blockchain.

Layer 3: Grow Interface, Dashboard, and Other Technology
The technology in this layer allows Node Owners to interact with the other layers and includes a non-custodial wallet for managing digital blockchain assets, useful information about nodes and rewards, and tools for accountability and transparency.

Grow United Involvement
Grow United LLC originally created the Grow Blockchain before governance was assigned to the Grow DGF, as set forth in the charter. For more information about Grow United, visit https://growunited.com.

Nodes are the fundamental building blocks of the decentralized infrastructure, connecting computers to the blockchain. Nodes play a crucial role in verifying and validating transactions, ensuring consensus among participants, and maintaining the integrity of the blockchain's data. These nodes collaborate through consensus mechanisms to collectively agree on the state of the blockchain, thus preventing fraudulent or unauthorized changes. In essence, nodes facilitate the trustless and transparent nature of blockchains by contributing to the security and reliability of the network's operation.

Node licenses permit participation in the Grow DGF. The node software then confirms transactions on the Grow Blockchain, and, in return, earns GROW distribution. There are two types of node licenses: Nodes and Smart Nodes.

Nodes and Smart Nodes do similar confirmation work, such as providing input data and/or confirming data, information or actions, and operating with the Grow Ledger Technology to facilitate data validation on the reward chain network. Smart Nodes can do more work, so they earn more rewards. Smart Nodes currently earn 250 times the number of daily rewards as Nodes. There is a total supply of 100,000 Smart Nodes available for purchase, each providing one vote for DGF proposals.

There is no cap on the number of Nodes, and each Node receives 0.004 (1/250th) of a vote for DGF proposals.

For more information on the different types of nodes, their respective costs, benefits, and reward mechanisms, review the information provided in the charter and/or litepaper. To purchase a node license, visit https://app.growblockchain.net.

The Grow Blockchain distributes GROW digital rewards to Nodes for their contribution to the network, such as facilitating on-chain confirmations or participating in governance.

GROW digital rewards can be bridged to other networks. This means a smart contract enables users to move GROW from the reward chain to another network. For example, GROW digital rewards can be bridged to Ethereum to create ERC-20 GROW tokens, which can be exchanged for tokens and services on the Ethereum blockchain.

GROW, the native digital asset of the Grow Blockchain, functions as the community’s currency and rewards participant involvement. Grow Nodes facilitate the distribution of GROW. Potential applications of GROW include:

• Paying gas fees on the Grow Blockchain
• Bridging to Ethereum to create ERC-20 tokens
• Trading for other cryptocurrencies
• Submitting Grow DGF proposals
• Purchasing Grow Nodes and Smart Nodes
• Purchasing Grow NFTs
• Additional utility as created by the Grow DGF

Tokenomics refers to the economic system and mechanics behind a cryptocurrency or blockchain token. It encompasses the various ways in which a token is distributed, used, and valued within a blockchain ecosystem. Tokenomics play a crucial role in defining a token's utility, value proposition, and overall function within the network.

The total supply of GROW tokens is 50 billion (50,000,000,000). GROW tokens are distributed on an annual halving schedule, with half of the total supply distributed in the first year and half of the remaining supply distributed each subsequent year, as shown below. The distribution began on January 16, 2024.

• Year 1: 25,000,000,000 tokens (50% distributed)
• Year 2: 12,500,000,000 tokens (75% distributed)
• Year 3: 6,250,000,000 tokens (87% distributed)
• Year 4: 3,125,000,000 tokens (93% distributed)
• Year 5: 1,562,500,000 tokens (96% distributed)
• This continues until all tokens are distributed

Digital Rewards are distributed every day to qualifying Grow Nodes that perform actions as defined in the charter. The distribution of rewards will be determined based on the total number of action points earned from participating in the specified activities.

Central to the governance framework is the charter – a foundational document that encapsulates the blockchain network’s core values, principles, rights and responsibilities, and the blueprint for making decisions. We encourage everyone in the community to become familiar with the charter to ensure adherence to our system of distributed governance.
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Collaboration is at the heart of decentralization. The Grow community is always looking for additional voices who bring diverse perspectives and insights. Come be a part of the vibrant, dynamic community by joining the Discord server where you can connect with peers, delve into discussions, and stay updated with the latest developments.

Grow Discord

If you have any questions about this website, Node Governance, or the DGF, send an email to contact@node-governance.io.

If you need help or have questions regarding the Grow blockchain, Grow Nodes, or GROW digital rewards, send an email to support@growblockchain.net.

The information on this website regarding Grow Node Network Governance and the Grow Blockchain is for informational purposes only and is provided “as is,” without any guarantees of completeness, accuracy, or timeliness, and without warranties of any kind, express or implied.

Node Governance does not assume any liability or responsibility for any errors or omissions in the content of this site, nor for any decisions made or actions taken in reliance on this content. This site may contain links to other websites not controlled by Node Governance, and Node Governance is not responsible for the content of any linked sites.

All descriptions of the Grow Blockchain and DGF are subject to change. The GROW tokens and node licenses are speculative, and Node Governance makes no guarantee of profitability or financial benefits. Conduct your own due diligence and consult a financial advisor before any purchase or investment.

By using this website, you agree to indemnify and hold harmless Node Governance from all claims, losses, expenses, and costs related to your use of this website and its content. Node Governance reserves the right to revise this disclaimer at any time without notice.