2 ms·
> Mining requires traversing a DAG with a mainnet floor of 512 MB (32,768 nodes × 16 KB each) How much memory does PoW verification require? > Genesis Address
by tromp 7mo ago
> Mining requires traversing a DAG with a mainnet floor of
512 MB (32,768 nodes × 16 KB each)
How much memory does PoW verification require?
> Genesis Address: 2,696,969 KNOX (One-time mint for the Founder/Son legacy).
> Treasury: 1% of each block's public reward, allocated to the protocol treasury.
Yet another grift...
> Post-Emission: After 21 years, miners are sustained by transaction fees only. The hard cap is absolute.
Even for the #1 blockchain, the ability for tx fees to provide sufficient security is strongly in doubt.