Osasion
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Osasion

Hyperledger and Block Synchronization Ledger Collection Address Stripping Conditions

According to the “Contract Agreement” and “Block Synchronization Ledger Campaign Version 1.0”, the successful activation of the Block Synchronization Ledger Campaign and a valid number of votes of more than 100 votes can have a chance to become a qualified candidate for the Block Synchronization Ledger. As of March 23, the Osasion Public Chain has created a total of 74 communities, and the number of qualified candidate block synchronization ledgers that meet the effective number of votes of more than 100 votes is 24, accounting for 30.12% of the total number of communities created. The total number of valid votes in all communities is 6,003, accounting for 30.12% of the current number of active ledgers.

According to Osasion’s Whitepaper, the collection and distribution of all GAS fees on Osasion’s public chain are divided into three parts: 40% for the super ledger, 30% for the block synchronization ledger, and 30% for the consensus guarantee pool. Among them, the 30% GAS fee collection of the consensus guarantee pool can be viewed directly in the AUC consensus guarantee pool in the Osasion wallet APP. The block synchronization ledger and the hyperledger GAS fee are collected into the same address and have not been stripped.

As far as the current community creation and node voting are concerned, although the block synchronization ledger has been developed for more than half a month, the development process is still in the preliminary stage. The number of communities created, the number of synchronized ledgers of qualified candidate blocks, and the number of valid votes in the community account for a small proportion. At this stage, while ensuring the widespread dissemination of block synchronization ledger campaign information, it also promotes more communities to absorb consensus group votes and strengthen the education of community consensus participants, giving more ledger opportunities to create communities and activate ledger campaigns.
Based on the current community progress and development, the collection addresses of block synchronization ledgers and hyper ledgers do not set a fixed stripping time, nor do they set too many restrictions. To put it simply, as long as the Osasion Public Chain has at least 100 block synchronization ledgers with a valid number of votes of more than 100 votes, the number of qualified candidate block synchronization ledgers on the Osasion wallet end reaches more than 100, it can be triggered. The separation of the collection addresses of the block synchronization ledger and the hyper ledger finally triggered the equal distribution of 10,000 AUC. According to the election conditions of the qualified candidate block synchronization ledger, only those who meet the valid number of votes of more than 100 votes have the opportunity to become a qualified candidate block synchronization ledger. If the number of block synchronization ledger elections reaches 100, the number of active nodes participating in the eligible candidate block synchronization ledger will reach at least 10,100 votes, accounting for 50.68% of the current number of active nodes.

In general, what Osasion wants to see is that more nodes in the community can participate in the election of block synchronization ledger. Only more and more nodes participate in the election of block synchronization ledger to promote the community’s development.

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