Post
Topic
Board Development & Technical Discussion
Re: The timely confirmation incentive in a system with no mining rewards
by
CIYAM
on 14/03/2016, 02:14:27 UTC
1. You need some way to enforce the rule which prevents minters from minting every block. In PoW/PoS this would be:

Indeed - the approach that CIYAM uses is known as a "hash chain" (which functions like a PRNG meaning that the next best choice of minter is random).

2. What benefit is there to only rewarding every X blocks, instead of rewarding reward/X every block?

The question is whether there needs to be any "reward" at all (assuming that you don't require increasing costs of hardware and electricity in order to run a full node).