Fixed-Supply Token Model With Dynamically-Added Shards/Chains
Introduction

Currently, most of the blockchains adopt either a fixed-supply token model or inflation-supply token model. For example, Ethereum adopts inflation-supply token, although the Constantinople hard-fork will reduce block reward from 3ETH to 2ETH. Bitcoin employs fixed-supply token model, which halves the block reward in every 210,000 blocks and thus the limit of the supply is 21,000,000.

The next-generation blockchain will have multi-shard/multi-chain. By adding more shards/chains on-demand, the capacity of blockchain could be increased to meet the needs of more transactions per second (TPS) on blockchains. However, one tricky case is how to impose a proper token model on the shards/chains. In this article, we will discuss a fixed-supply token model with dynamically-added shards/chains.

Read more: https://medium.com/quarkchain-official/fixed-supply-token-model-with-dynamically-added-shards-chains-52db23a35aa3