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Incentive Scheme for Blocking Node of Blockchain

All public blockchains have appropriate inflation, which is rewarded with a block in Bitcoin and Ethereum, and fixed inflation in EOS.

because bitcoin and ethereum are power competition blocks, miners maintain the security of the system and get transaction fees and block rewards.

EOS can't adopt the bitcoin scheme, because there is no handling fee in EOS. If we follow the bitcoin scheme, that is, the final total amount is constant, the reward will be halved every few years, and then when the reward is close to zero, the miners will have no power maintenance system.

EOS and ZIL, one to tap the maximum capacity of a single node, and the other to tap the horizontal expansion capacity of the network, have two different designs and different philosophies, which are very representative, so the following mainly introduces the incentive schemes of EOS and ZIL.

1. EOS

The bonus of Bitcoin and Ethereum is easy to understand. The following focuses on EOS' inflation model, the registration of the bonus node and receiving the bonus.

the bonus of EOS comes from inflation, and the annualized inflation rate is 5%. This 5% is used as producer bonus and proposal fund, of which 1% is producer bonus and 4% is proposal fund.

it is worth mentioning that among the producer rewards, .25% will be awarded to the node that leaves the block, and .75% will be awarded to all the nodes that get the vote.

The starting point of this tertiary award in Ethereum is the same, that is, to reward producers and encourage them to maintain the system.

to become a producer, you need to register with the system first, and then select the 21 nodes with the most votes after voting.

if you want to receive the reward, you need the consent of most of the current outgoing nodes, and distribute eos from eosio. Token to three system accounts as eosio.saving, eosio.bpay and eosio.vpay, which correspond to the proposal fund, outgoing node and voting node in the inflation model respectively.

a specific chunk node can receive a reward from the system claimrewards.

second, Zilliqa

ABA adopts the fragmentation mode, and you can refer to Zilliqa's incentive model.

ZIL's inflation model is similar to bitcoin, that is, the total amount is constant, the block reward decays every four years, and the block node is stimulated by the handling fee after the block reward is issued.

ZIL's incentive to return the block is the same as that of Bitcoin and Ethereum, that is, it is returned after the block is released.

the difference is that ZIL is divided into DS and shard, and the leader of DS and shard can get a reward for each block.

in ZIL, the leaders of DS and shard can get almost the same incentives, but the leader of ds has an advantage. If the total reward of the current block is m, and there are n nodes in a * * * that can get rewards, then in addition to the m/n tokens like the leader of shard, you can also get m-n * (m/n) tokens, that is, the decimal point of m/n.