Post
Topic
Board Altcoin Discussion
Re: TAUCoin “Proof of Transaction” - features debate and bounty for 12 months
by
genie854
on 24/10/2018, 23:25:22 UTC
TAUcoin debate daily topic 10/24/2018

What do you think of reward clipping in POT? For example, mining reward of every address is bounded by its total historical transaction fee paid. The goal is to discourage users from making transactions for future profit (mining reward).

Is there already a threshold for reward clipping? And what method are they using as basis? Should there be a ratio of tx fee to # of transactions?
Is it possible in the future to have a tx fee higher than the amount being transferred? if so, will it not go back to the miner as part of the block reward?

I suggest that a fix percentage of whatever value (e.g. 10% of tx fee) of the reward clipping cap should be established while the remaining balance be distributed throughout the mining cub members (90%)

A suggested reward clipping model has been put into white paper v0.4. Please read. The key idea is that any address cannot own more reward than it paid.