Learn Before
Concept

Loki's Solution to Large Block Sizes

In Loki, a portion of the block reward is given to Service Nodes that process and propagate blocks as full nodes. Because Service Nodes with insufficient bandwidth and performance are dropped from the Service Node network, the reward pool self-enforces a minimum performance requirement. This incentive structure not only ensures that the node count remains high, but that the said nodes are of a sufficient performance level to successfully share blockchain data across the network, irrespective of how large the blockchain grows or how demanding the bandwidth requirements are.

0

1

Updated 2021-12-01

References


Tags

Cryptoeconomics

Economics

Social Science

Empirical Science

Science