Proof of Work Validation
The FlxTime™ ecosystem relies on miners submitting valid proofs of work. Submissions are evaluated based on the following criteria:
- Quality: Precision and validity of the submitted work.
- Quantity: Total number of proofs submitted.
- Online Time: Availability and reliability of the miner.
- Stability: Consistency in miner performance over time.
Scoring System
A scoring function calculates a weighted score for each miner:
- Higher scores lead to greater proportional rewards in FLXT tokens.
- If a miner’s score falls below a defined threshold, their proofs are rejected, ensuring only high-quality contributions are rewarded.
Dynamic Difficulty
Server tracks active miners Increases difficulty by 1% per 100 miners at maximum difficulty of 5.
- As more miners participate, the difficulty level increases to maintain balance.
- Rewards are structured to adapt to fluctuating levels of miner participation, ensuring fairness.
Utility and Features
- Decentralization: A transparent system that ensures fair mining rewards for all participants.
- Reward Mechanisms: Performance-driven rewards that promote quality and consistency.
- Dynamic Adjustments: Automated difficulty levels that adapt based on overall miner activity.
- Community Engagement: Airdrops and staking opportunities to encourage active participation in the network.