Translations:VeriBlock and Proof-of-Proof FAQ/17/en

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  • 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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