EPoSe (Egalitarian Proof of Service), a new consensus mechanism

EPoSe (Egalitarian Proof of Service), reducing blocktime and increasing throughput of transactions without creating forks

As mentioned in the previous medium posts, EPoSe is a hybrid consensus that requires node’s mining and verification…

EPoSe (Egalitarian Proof of Service), simple diagrams

EPoSe (Egalitarian Proof of Service), Reward System

This article is about the reward system of EPoSe. EPoSe reward system is based on a node’s uptime(continuous service time). Individuals will be providing node service and mining operation to QWC network through CLI client.

Qwertycoin (QWC) Specification

Fork: Bytecoin, Monero, Karbo, Digitalnote
Mining Algorithm: Cryptonight Heavy
Proof Type: Pow (Proof of Work)
Premine: 0%
Diffculty Algorithm: Zawy, Adjusted everyblock
Blocktime: 120 seconds
Tx Hash: Instant
Required Confirmations: 10 confirmations
Total Number of Coins…