As mentioned in the weekly report:
"CCTime
The version 2.0.1 of CCTime was in development.
The front-page was reconfigured, the channel was created, and the topic was gradually published.
The reward mode and betting return model of the back-end was in development.
CCTime was expected to be tested at the end of the month."
I just want to know what is the reward mode and betting return model of the back-end, any details about that? I have read the whitepaper, but I do not understand what it is, can anyone give me some explanation?
I think the reward model can be described as follows:
The execution of each transaction requires the consumption of basic fees, which are paid by the sponsor and distributed equally to all accounts. In addition to the basic fee, postArticle and postComment, the sponsor also needs to choose to spend extra tokens to represent the amount of votes and quotas, which are mostly rewarded to the publisher of the articles or the commenter publishers, but a small number (10%) will enter into the expense pool to be assigned to the accountant.
I hope this my view on this model or mechanism.