Ring Network is a scalable MimbleWimble implementation of a Directed Acyclic Graph (DAG)-based distributed ledger system and its development platform for a tokenized economy. It combines the DAG ledger structure and TrustME hybrid consensus mechanism, which pulls together Proof of Work (POW), Proof of Stake (POS), and Byzantine agreements, to build a more scalable and secure distributed ledger system. Furthermore, Ring Network supports mining, Internet-of-Things, and privacy preservation.