Just The Basics
Just The Basics
Embedded Files
Ticker: FlapX
Ticker: FlapX
Algo: Scrypt
Algo: Scrypt
Block-time Target: 1min
Block-time Target: 1min
Reward Type: POW/POS FW2
Reward Type: POW/POS FW2
POW Reward: 22 Coins + Fees
POW Reward: 22 Coins + Fees
100k Coin Fair Weight 2 POS Node
100k Coin Fair Weight 2 POS Node
5-22% Apr (FW2)
5-22% Apr (FW2)
RPC = 60142
Peer = 60042
Listings
Listings
Withdraws Open @ Xeggex Please pull off your coins until they announce if they are going to remain open
Downloads
Downloads
Blockchain Resources
Blockchain Resources
Socials
Socials
Beyond The Basics
Beyond The Basics
PIR & Fair Weight Explained
PIR & Fair Weight Explained
Fair Weight for FLAPX is set to 100,000 coins.
Input Weight Cap
Coins Per Input
This mechanism guarantees that if User(A) has a block of 1,000,000 coins, and User(B) has a block of 100,000 coins, and both user's coins are the same age, both users have the same chance of staking a POS reward .
Both blocks will only gain a max staking weight of 100,000 coins per additional block. This is an anti-competitive staking measure. If you have a block of 100,000 coins, you have an equal, or fair chance to stake a POS reward.
Fair Weight determines your chances to stake, not the amount of coins rewarded.
Personal Intrest Percentage
Coins Per Input
Fair Weight 2 (FW2) also known as your PIR (Personal interest rate) Is the mechanism that determines how much your reward will be.
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