The NGK blockchain launched in October, and the diversified benefits of super nodes are sought after!
The NGK blockchain will be launched in October, which has been expected by many people and one of the most popular ones is the diversified income of NGK’s block producer. At present, NGK has systematically disclosed the block producer election rules and dividend mechanism. Through the voting by NGK.IO blockchain holders, a total of 21 block producers will be generated in the NGK ecosystem.
At present, NGK hopes that more people who recognize the value of NGK will participate in the project and jointly promote the completion of NGK’s mainnet launch. Further optimize the deployment at the level of ecological mechanism construction and rights design in line with everyone’s rights and interests, and realize the co-construction and sharing of NGK ecology.
Then, in the upcoming NGK blockchain, what rights and interests are related to the new rules and mechanisms? Let us find out today.
01. NGK rules serve the rights and will of block producers
As we all know, the DPOSS consensus mechanism adopted by NGK has industry-leading advantages in terms of block time and efficiency. While ensuring decentralization, it also ensures ultra-high efficiency and non-forking characteristics. Its voting mechanism is also the most reasonable and fair choice for all nodes.
In NGK’s voting mechanism, every NGK.IO holder has the right to vote. Holders of the NGK network can vote to select sufficiently reliable block producers to ensure the stable operation of the NGK main network. At the same time, voting on specific proposals will also enable the community to express opinions on specific ecological issues of NGK.IO, so that NGK’s mainnet setup and composition will be improved, which is conducive to the development of NGK.IO.
If both of the abovementioned are achieved, then with the development of NGK.IO, NGK in the hands of NGK.IO holders will also appreciate, thereby obtaining indirect voting income.
Regarding the deployment of block producers, NGK has adopted the most mature 21 block producers deployment schemes to balance the relationship between the degree of decentralization within the ecology and the efficiency of ecological operation. In order to maintain the stability of the system, in addition to 21 block producers, the NGK blockchain has 49 alternative nodes. If a block producer commits evil, other block producers can vote to remove the evil block producers, and the candidate node will always monitor the behavior of the block producers.
02. It is NGK’s first choice to give nodes diversified benefits
The core goal of the NGK launch is to further clarify the rights and interests of node users, so that everyone can clearly know what rights and interests they can enjoy in the NGK ecosystem. Among them, the principle of node income diversification is adhered to. These include block rewards and voting rewards.
First is the block reward, which is direct reward. Users of the NGK blockchain can use the stable currency USDN to purchase computing power and obtain block rewards from block producers by purchasing computing power. Block rewards are distributed proportionally to holders of computing power. At the same time, each holder of computing power can participate in the construction of the community, and the builders of the community ecology can also obtain corresponding benefits.
Secondly, users can also use the acquired NGK coins to vote for block producers. Voting will also be used as a way for blockchain block producer to earn money. At the same time, the income of the block producer also includes the expenses incurred by all nodes and the expenses of other developers creating smart contracts on the NGK.IO blockchain.
In the eyes of most people, as NGK is gradually recognized by more nodes in the future, becoming a block producer of NGK itself will bring more honor and influence. Compared with other rights and interests, this is undoubtedly the largest imagination.
