We are creating a proposal to serve as both a test and introduction to the decentralized voting system and to also get the opinions of the Masternode owners.
This is what we are planing for the PoS at Block 259201:
The PoS mechanism for DarkNet will be something that has to my knowledge never been tried in crypto before. We will be using a sort of seesaw mechanism based on the ratio of Masternodes to Staking Addresses (Wallets that are left open 24/7 and supporting the network) with a fixed overall reward per block.
The ideal ratio we will be determined later and open for discussion, but assuming this ratio is maintained, when a PoS block is found equal rewards will be delivered to Winning Masternode and Winning Staking Address, but if there are more staking addresses than the determined ratio then Masternodes will get a portion of the staking wallets reward and vice-versa.
This will be done in an attempt to keep the network protected by sufficient stake weight, while maintaining enough Masternodes to service the other features of the coin, and provide them with a slightly higher profitabilty than staking alone.
This has been altered from its original form, typically once a proposal has been submitted this would not happen, but, at the time of the change there was only one vote, from a member of the dev team, who agreed with the change.
Block Rewards
PoS Phase 1
100 DNET 40 to Masternode 40 to Staker 20 to Budget Monthly Budget: 864000 Yrly Coin Cap: 52560000
PoS Phase 2
50 DNET 20 to Masternode 20 to Staker 10 to Budget Monthly Budget: 432000 Yrly Coin Cap: 26280000
PoS Phase 3
25 DNET 10 to Masternode 10 to Staker 5 to Budget Monthly Budget: 216000 Yrly Coin Cap: 13140000
PoS Phase 4+
5 DNET 2 to Masternode 2 to Staker 1 to Budget Monthly Budget: 43200 Yrly Coin Cap: 2628000
[Coin Supply after 4.5 yrs on 159408000]
To Vote YES
enter this in your Masternode Console;
mnbudget vote 112fe2318bc44f64fd343a2f0624a2ce85e296347f2c9d8fc9119f7361131c52 yes
To Vote NO
enter this in your Masternode Console;
mnbudget vote 112fe2318bc44f64fd343a2f0624a2ce85e296347f2c9d8fc9119f7361131c52 no
To Check the Status of the Voting Process
enter this in your Wallet Console;
mnbudget show
