Difference between revisions of "Translations:VeriBlock and Proof-of-Proof FAQ/17/en"

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Latest revision as of 14:13, 8 January 2020

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Message definition (VeriBlock and Proof-of-Proof FAQ)
* New VBK tokens/coins are created via the coinbase reward, which is sent to both PoW and PoP miners on the VeriBlock network
* Altchain PoP Miners spend VBK to pay fees on the VeriBlock network, and receive a reward in that altchain's native token/coin. 
* A portion of these fees are paid out to VeriBlock PoW and PoP miners, and a portion is burned as a part of the anti-censorship game theory of PoP mining.
Translation* New VBK tokens/coins are created via the coinbase reward, which is sent to both PoW and PoP miners on the VeriBlock network
* Altchain PoP Miners spend VBK to pay fees on the VeriBlock network, and receive a reward in that altchain's native token/coin. 
* A portion of these fees are paid out to VeriBlock PoW and PoP miners, and a portion is burned as a part of the anti-censorship game theory of PoP mining.
  • New VBK tokens/coins are created via the coinbase reward, which is sent to both PoW and PoP miners on the VeriBlock network
  • Altchain PoP Miners spend VBK to pay fees on the VeriBlock network, and receive a reward in that altchain's native token/coin.
  • A portion of these fees are paid out to VeriBlock PoW and PoP miners, and a portion is burned as a part of the anti-censorship game theory of PoP mining.
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