Consensus Computing Power Mechanism (Security, Momentum, Incentives)
Last updated
Last updated
New Node Rewards
When someone joins the network with a new node (computer), they may receive a temporary boost in computing power.
The duration of this boost depends on an equation that considers the base computing power and token price.
If the result is positive, the new node gets a set number of days with double computing power to help them get started.
Holding Tokens for Extra Power
If users hold their tokens without moving them, they earn bonus computing power over time.
The longer they hold, the bigger the bonus, up to 3x their original computing power.
But if they move or transfer the tokens, the counter resets, and they lose their accumulated bonus.
Long-Term Holding for Voting Power
Users who hold tokens for months without transferring them also get more voting power in governance decisions.
Their voting limit increases every month, maxing out after 24 months.
If they move their tokens, the counter resets, and they lose their accumulated voting benefits.
This system encourages users to stay engaged, hold tokens, and contribute to the network’s security and efficiency.