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Roger Ver on the other end, brings Bitcoin Cash to ICON, a C-Rep of BCH.Now we have both LTC and BCH in ICON Republic, these communities are grouped to ‘Fast Crytocurrency Payments’.In Nexus, there’s also a channel called Public Channel, as the name suggests, anyone can participate in the Public Channel.You can participate by running light clients that only register and confirm transactions (but still economically incentivized) , or you could run full nodes which can actually validate transactions.What’s happening in reality is that people participate in an ICO for its project fundamentals as well as its potential, and in some extreme cases people participate in a pump’n’dump scheme to benefit from price manipulation.2) Incentives offered by the network IISS (ICON Incentives Scoring System), an AI driven algorithm from DAVin CI LABS to continuously analyze relevant data on ICON Republic, with a variety of criteria such as each node’s frozen ICX, C-Rep status, ICX exchange volume etc. Incentives are provided automatically through IISS. Also note that freezing ICX (staking in ICON, which allows ICX to be deposited in the DEX reserve pool), is one of the most significant evaluation criteria of IISS.Charlie and Roger, as C-reps of their respective community, are now essentially two nodes within the Nexus in a Representation Channel.
Actual calculation of yields can be found here Dash TV.Solutions such as Futarchy governance model to penalize voters for their elected delegates’ misbehavior, or forcing delegates to stake (but then this becomes POS all over again).These are topics worth exploring but is beyond the scope of this discussion, so I’ll only briefly mention here.1) I’d say the major deciding factor is still market dynamics, ie, supply and demand of ICX tokens among exchanges.Some might argue that how incentive system works will in turn affect the market supply and demand, while this may be true in some cases where people invest into a project for the incentive system in place, but that is rarely the case.The idea of delegates in a DPOS system is that they will forge or mint new blocks w their verifying rights on transactions, then rewarded for the effort.In traditional POW system, blocks are mined and miners are rewarded for their hash-power (and luck! Some fundamental flaws under DPOS include potential centralization where minority dictate the fate of majority, and ‘nothing at stake problem’ where delegates cannot be financially penalized besides losing their role.Many of the existing projects are able to calculate precise ROI, not as an estimation, but derived from historical data.As ICON main net is still yet to launch, any number now is really just guess work.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.