Sentences with phrase «block producers»

It's not as bad as most tech companies, but there are just 21 simultaneous block producers.

It is a DAC (Decentralized Autonomous Community) that will allow every eosDAC holder to get the benefits that are typically reserved for block producers only.

Purchaser acknowledges and understands that Ethereum block producers may not include Purchaser's transaction when Purchaser wants or Purchaser's transaction may not be included at all.

If you thought the U.S. elections were heated, wait until you see the battle between EOS Block Producer candidates in

eosDAC is a community - owned block producer candidate.

Powering the RISE platform is a Delegated Proof of Stake consensus algorithm which is the one of the most environmentally friendly protocols available and thrives on greater decentralisation by allowing the community to vote for block producers.

Buyer acknowledges and understands that Ethereum block producers may not include Buyer's transaction when Buyer wants or Buyer's transaction may not be included at all.

Unlike Bitcoin, where all of the new coins go to the block producers (called miners), the Steem blockchain allocates a majority of the new tokens to a reward fund called the «rewards pool».

This portion of the Ethereum mining algorithm, a technique referred to as GHOST, includes the headers only of recently orphaned blocks in return for a reduced reward to both the block producer and the includer of the (otherwise orphaned) block.

Earning EOS just by holding eosDAC incentivizes the community to continuously vote eosDAC in as a block producer.

The number of tokens generated per day depends on the median value of the desired pay given by all the block producers.

To check that this feature is not misused by the block producers, a mechanism has been implemented by the developers.

The reward for the block producers is new EOS tokens.

The EOS blockchain allows the block producers to give the desired figure for their expected pay.

This is because a new EOS token is created every time the block producers generate a certain number of blocks.