What about pledge?
I hope that the next article can introduce the rules of pledge,
I can't wait to try it..
Topic: Highlights of the design in Genesis consumption mining (Read 52 times)
1) GC token have its own destruction mechanism, which provides participants a long-term economic benefits continuously by pledging GS token.
2) The output of GS is self-equipped with an exponential decay mechanism and early participants are expected to obtain considerable economic benefits.
3) The mining model encourages miners to hold and pledge GS tokens for a long run in order to gain a higher liquidity (GC) and participate in a great variety of dApps and Apps through GC, rather than simply mining or transaction realization.
4)The design of consumption consensus mechanism is expected to avoid the excessive concentration of mining output to the head miners, ensure the decentralization of nodes and miners to the greatest extent, and restrain oligarchs from forming and monopolizing the ecology, therefore establishing a common-prosperity commerce while balancing fairness and efficiency.
2) The output of GS is self-equipped with an exponential decay mechanism and early participants are expected to obtain considerable economic benefits.
3) The mining model encourages miners to hold and pledge GS tokens for a long run in order to gain a higher liquidity (GC) and participate in a great variety of dApps and Apps through GC, rather than simply mining or transaction realization.
4)The design of consumption consensus mechanism is expected to avoid the excessive concentration of mining output to the head miners, ensure the decentralization of nodes and miners to the greatest extent, and restrain oligarchs from forming and monopolizing the ecology, therefore establishing a common-prosperity commerce while balancing fairness and efficiency.
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