官术网_书友最值得收藏!

The incentives mechanism

Now, why should every villager try to find number X since somebody is going to find it anyway and tell everyone else? Why should a villager spend time and effort to have his/her page validated and displayed on the wall?

We introduce here the incentive mechanism, an economic payoff for the community to play fair. Because the pages should keep being sealed to keep the transactions accurate, the community should continuously work on solving the mathematical problem. In this manner, a reward is given to the villager who finds number X, that is, the first villager to find the correct hash of the page. In our example, Dan is rewarded with, say, 5 Villagecoin. 

This incentive mechanism ensures that everyone keeps interested in working for the common goodMore on that in Chapter 2, A Technical Dive into Blockchain.

Now that page #1 is displayed on the wall and secured, transactions continue to take place: Chuck sends 5 Villagecoin to Alice, Dan sends 2 Villagecoin to Bob, and so on.

When page #2 is completed with 10 transactions, the villagers repeat the entire process all over again.

主站蜘蛛池模板: 扶风县| 西峡县| 东辽县| 佳木斯市| 杨浦区| 林甸县| 新乐市| 称多县| 大渡口区| 大埔县| 廊坊市| 南江县| 承德市| 北海市| 军事| 廉江市| 财经| 屏南县| 邵武市| 乐都县| 调兵山市| 高邮市| 漯河市| 福贡县| 达拉特旗| 灌阳县| 连江县| 南丹县| 蓬莱市| 焦作市| 芦山县| 浦城县| 静乐县| 湘阴县| 田阳县| 治县。| 新宁县| 通州市| 阿鲁科尔沁旗| 松原市| 台中县|