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Fee specification for PoS HonteD #7
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added 3 commits
January 18, 2018 12:14
paulperegud
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Jan 26, 2018
| between waiting for more signatures and timing out from the proposal round. | ||
| It incentives validators to create stronger connectivity between themselves | ||
| as well as helps to prevent censorship since it puts an economic cost on it. | ||
| // TODO: How to retrieve the block proposer and signatures for each block. |
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Re 5% extra. As you noted above, we can't create tokens out of nothing. This means that those 5% need to be taken from general pool of fees - taken from pockets of other validators. Which creates an incentive to not give proposer a signature.
This can probably be rectified by setting those 5% of fees aside. If proposer does not get 100% of signatures, everyone splits 95% of fees and 5% is burned. If it gets 100% of signatures, everyone splits 95% of fees and proposer gets 5% on top of that.
| ## Introduction | ||
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| This document describes the fee distribution mechanism for HonteD, the | ||
| decentralised exchange, which is a Plasma zone that implements IBC. |
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Please expand on IBC. Inter-Blockchain-Connection?
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