Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BigBang Core Re-energize the IoT
by
BigBangCore
on 20/09/2020, 19:26:25 UTC
Main Chain Special Transaction Type
In the security primary chain, there are three types of consensus-related transactions that are unique to the security primary chain in view of the particularity of functions: EDPoS node voting transaction; EDPoS node registers transactions; CPoW block bonus trading.

  • EDPoS Node Voting Transaction
The EDPoS node generates a Delegate template address. For the first time, it needs to send Token to this address to finish publishing Delegate address on the chain. The user uses the same parameters as the EDPoS node to create Delegate address, and stores Token in the Delegate address to complete Token voting. An EDPoS node can participate in the EDPoS negotiation process using a Delegate address vote as a weight. When a user deposits a Delegate address to vote, the ownership of the coin remains with the user and can be removed at any time, but once removed, the number of votes of the corresponding node is subtracted.

  • EDPoS Node Registers Transactions
In each round of negotiation, EDPoS node needs to raise enough Token votes to create a registered transaction to register and publish its initial negotiation parameters on the chain in advance, Only the node that completes the registration before the negotiation round (more than 2% of the total votes) is allowed to enter the negotiation process and obtain the right to give blocks.

  • CPoW Block Bonus Trading
By default, CPoW consensus is only used for main chain consensus to create block, and the block reward is provided to participants through
such transactions. The transaction is similar to the coinbase transaction in Bitcoin.