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qort_model_-_block_rewards [03/12/2021 05:08] – gfactor | qort_model_-_block_rewards [03/15/2021 20:59] – gfactor | ||
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====== Block Rewards and Distribution ====== | ====== Block Rewards and Distribution ====== | ||
+ | The block rewards in Qortal are distributed evenly, regardless of the minter who actually finds the block. The rewards, instead, are based on the level of the minter as far as who receives more or less of every block. | ||
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+ | Behold, the Official QORT Service Coin: | ||
{{ | {{ | ||
: | : | ||
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- | The block rewards in Qortal are distributed evenly, regardless of the minter who actually finds the block. The rewards, instead, are based on the level of the minter as far as who receives more or less of every block. | ||
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- | See distribution chart below (taken from [[QORT model - Leveling System|Leveling System]]): | ||
===Minting Levels=== | ===Minting Levels=== | ||
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Since QORT is a coin on chain, there should always be new QORT available to power the various services on the network. | Since QORT is a coin on chain, there should always be new QORT available to power the various services on the network. | ||
- | No Total Cap on QORT coin, every ‘6 months’ there is a decrease in block reward from its start at 5 QORT, by .25, until 2 QORT is the reward. | + | No Total Cap on QORT coin, every ‘6 months’ there is a decrease in block reward from its start at 5 QORT, by .25, until 2 QORT is the reward. |
**Reward Schedule and Reduction** | **Reward Schedule and Reduction** |