Freesex chat no reg or sign in 50

This is essentially becoming a ‘delegate’ in ICON, and delegates are chosen (or removed) through voting in the Representation channels.Now for the sake of this discussion, only Charlie and Roger are in the Representation Channel, and 2infiniti wants to become a delegate.This is another common misconception that you’re being paid to lock a certain amount of tokens, but in fact you’re paid to provide services to the network.Tokens aren’t exactly staked because you can never lose any during your service, unless of course you decide to attack your own network but then it is going against your own interest and will require insane amount of money (80% MNs), so in a sense this is proof of commitment.For instance, in the case of Dash, masternodes gain rights to perform tier-2 functions like Instant Send, Private Send, run Dash’s treasury system, governance voting etc.Masternodes essentially offer the opportunity of both yield and the potential for capital gains.Today I’m going to explain in detail what DPOS is and how it fits into the puzzle of ICON’s incentive system.I will try to keep this article as ELI5 as possible, feel free to open up a discussion at the channel for detailed explanation.

A common scenario in DPOS systems, delegates create proposals for why you should vote for them, example Ark Delegates, where most delegate candidates propose profit sharing structure in order to gain votes.

This is however a lot more complex in ICON with many more components as a super chain.

In order to clarify this, lets try a real life example Litecoin as a community joins ICON interchain, Charlie Lee is the C-Rep for Litecoin.

This has been raised in our telegram group quite often recently, people are interested to find out if keeping ICX within the network will be inflationary or deflationary (ie, will there be enough incentives to keep up with potential 20% additional annual issuance).

Many want to run masternodes to yield better returns from the network, but masternodes actually do not exist in our ecosystem.

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