POW+A and DGC
Last updated
Last updated
DGC Coin is a coin given as a reward for node participation in the POW+A blockchain. However, the DGC Coin mining amount in POW+A has a structure in which the same amount of DGC Coin is mined regardless of the number of nodes by the Set-Mining method before the halving period. Approximately 68 million DGC Coins are to be mined monthly and distributed evenly to the nodes.
The node participation in the POW+A blockchain is necessary because the rewards are large and fixed. The number of nodes that can participate is limited to a total of 16,667 during the private blockchain operation period. Assuming all nodes are available to operate, the total amount of DGC Coin that each node can receive is about 4,079 per month. Assuming a halving period of 36 months, the total amount of DANGNN Coin that one node can be compensated through the mining will be about 146,800. It indicates that this is a numeral value by a simple calculation.
After the 3-year halving is completed, the POW+A mainnet will remove the limit on node participation. The monthly mining amount will be up to 34 million after the halving; this also is evenly distributed to participating nodes.
After the first halving, the POW+A mainnet will have a new halving for the mining amount ahead of every three years. The halving occurs every three years because the value of existing coins for the incineration action of the ecosystem may set the node utilization excessively; the operating value on each node can be adjusted through the halving every three years.