Commissions

• Names

Withdrawal of tokens from a name requires payment of a 0.5% Commission on the project token.

The withdrawal Commission is done to limit the manipulation of the name's reputation size.

Initially, the launch will include small commissions in L2, which will later be refined into the following mechanism:

Proof of Involvement, Nodes, and Commissions

The L2 Sidechain is designed to have a maximum of 1000 nodes participating in commission distribution. Each node must meet minimum technical requirements and is activated by a wallet with a name. This name should be among the names that have activated nodes with the highest amount of tokens on the name multiplied by the name's distribution value. The commission from L2 operations is distributed among randomly selected nodes (mechanism described below) that directly performed the work.

The mechanism to determine which nodes will process a transaction is probabilistic. The likelihood of selecting a node for processing is higher the more True tokens are in the name's account (formula adjustments are possible). During L2 operations, all nodes that systematically provide incorrect responses will be monitored and disconnected from the network (they will not be selectable by the random node selection mechanism).