DANGNN COIN's White Paper
  • OVERVIEW
    • ℹ️Introduction
    • 🔄Introduction of Hybrid Blockchain
    • 🧖‍♂️Foundation Information and Team
    • 🗺️Business Roadmap
    • 🎚️Legal Disclaimer
  • GETTING STARTED
    • 👍POW+A Blockchain
    • 🥕POW+A and DGC
    • 🎛️Scalability of POW+A and Liquidity Control of DGC
    • 💬Understanding POW+A Algorithm
    • 📨Voting on Node Participation Eligibility of DANGNN Mainnet
    • 🪧Conclusion – Start of Dangnndaya Platform
  • COINNOMICS
    • 🪙Coin Information and Distribution
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  1. GETTING STARTED

POW+A Blockchain

PreviousLegal DisclaimerNextPOW+A and DGC

Last updated 11 months ago

Hybrid POW+A blockchain is a hybrid blockchain with the PoW method, as the term suggests. As mentioned above, it follows the control of the private blockchain method, but transactions such as data disclosure and block security follow the public blockchain format.

POW+A has restrictions on node participation for about three years after generating the Genesis block. This restraint is the number of nodes, not on node participation rights. In fact, by limiting participation in mining for the first three years, POW+A will be able to provide sufficient rewards for the node formation, which is necessary for the initial mainnet operation.

As such, participating nodes in POW+A’s PoW during the private blockchain operation period will be rewarded with a relatively large coin amount compared to the node rewards. It will be able to have expectations for future profitability inventory.

As shown in the name, POW+A is a compound word of PoW (Proof-of-Work) and A as either Authority or Audit. It also means there are restrictions on the nodes that can participate in the POW+A mainnet during the operation period in the private blockchain form. The POW+A Foundation will limit the number of participating nodes in mining to 16,667 during the having period. The coins to be mined will also follow the specified Set-Mining method. It takes PoSS (Proof of Servers Staking) form as a method to reward with a fixed coin amount according to the possessed nodes to participating nodes at the beginning of the mainnet services.

The POW+A mainnet differs from the existing blockchain method in the verification method for transactions and coin mining. POW+A reduces concerns about node participation, which can be the biggest threat to the new blockchain; thus, it can have sufficient capacity to respond to changes to the second version of the public blockchain in the future. Also, because participating nodes officially own most of the coins, it has the strength of minimizing the cause of the continuous price decrease for the DANGNN Coin.

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