TAL Token Specification

This document briefly summarizes the properties of the TAL token and references the extended specification.

Name: TAL (Taler)
Role in network: native utility/staking token
Address format: SS58 network prefix 10960

Usage

Transaction fee payments
Staking/nominating validators and receiving rewards
Governance (if corresponding Governance pallets are enabled)

Issuance and economics

Base issuance and reward distribution are determined by staking logic in the taler runtime (see staking-complete-analysis.html)
Supports "vivid staking" mode with additional interest for long-term locking

Security and storage

Recommended to use HD wallets, BIP-39 seed phrases and hardware devices

Note: when changing economic parameters or staking logic, it is required to increment spec_version in runtime/src/lib.rs and publish migrations.