Thanks for the response. Please allow me to ask more layman questions... Actually I think it would be great if you can add a picture to the document showing DAG chain in design and the relationship between main blocks and their children TX blocks through the 3 layer of block linkage.
One picture saves thousands of words.
When do you plan to enable/enforce the TX fee? What is your biggest concern for enabling TX fee? and you have mentioned the decentralized linking of each TX block, will the server/node be always incentivized to behave in favorable way?
completely through algorithm, coins generated in each main blocks
One picture saves thousands of words.
When do you plan to enable/enforce the TX fee? What is your biggest concern for enabling TX fee? and you have mentioned the decentralized linking of each TX block, will the server/node be always incentivized to behave in favorable way?
Hi, I am new to this project and the DAG based crypto in general.
In the whitepaper, I read
Ideas
Each block contains exactly one transaction. At the same time, the block is an address. Among all transactions, the main chain is allocated - it is a chain with the maximum difficulty. In the main chain, new coins are created about once a minute.
Can someone can explain to me how this "main chain" of DAG network is determined, and the mechanism of coin generation. Is this done completely through algorithm, or manually selected by human operators - something similar to the witness nodes of byteballs? thanks.
In the whitepaper, I read
Ideas
Each block contains exactly one transaction. At the same time, the block is an address. Among all transactions, the main chain is allocated - it is a chain with the maximum difficulty. In the main chain, new coins are created about once a minute.
Can someone can explain to me how this "main chain" of DAG network is determined, and the mechanism of coin generation. Is this done completely through algorithm, or manually selected by human operators - something similar to the witness nodes of byteballs? thanks.
completely through algorithm, coins generated in each main blocks