Proof of commitment

Katherine Romaniuk
PEP Network
Published in
1 min readMay 11, 2018

In order to perform certain actions in the ecosystem, participants should pledge PEP tokens prior to performing any actions.

The amount of the PEP tokens to pledge would depend on the task, reputation of the participant etc.

The pledged tokens are the assurance the participant offers in case the outcome of the action undertaken by the participant is not considered as committed.

The stake is returned to the participant once the actions are performed successfully, otherwise the participant could be penalized by transferring the stake to the affected participant or to the ecosystem as in the case of Proof of Render.

➡️To read more visit our website or read the whitepaper https://gopep.network

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