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Awards Model

Aviv Eyal edited this page Oct 6, 2019 · 1 revision

Spacemesh Coin Awards Design Notes

WARNING: This doc is outdated and needs to be updated.

base guidelines:

  • Give out award (update state) only after k layers
  • Award scheme - distribute reward among all contextually valid blocks in a single layer, total reward shall be - 50 coins at first, and will be replaced by some sort of decay function according to layerID
  • There is a transaction quota per block Q
  • Mined blocks are allowed to have 0 txs
  • Bonus is taken from miners who failed to reach the transaction quota and spread amongst all blocks
  • Miners are incentivized to choose arbitrary 15 (the quota num) TXs into a block
  • Activation transaction will include the dest account (we call it coin awards account)
  • Account creation will cost more gas

Open questions

How will the destination address for reward be published

Getting Started

Dev Guides

Product Specs

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