Finalis Core v1.0.6 Update (Operators + Economics Overview)

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seed51Member
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#1Sep 10, 2019, 01:54 AM
Just a quick update for operators and the community. Latest fixes - Improved wallet UTXO fallback to enforce only finalized states, which helps avoid stale or non-canonical input issues. - Stabilized light server live RPC testing by locking in height/hash from a single snapshot to eliminate CI racing issues. - Fixed Windows packaging and startup to consistently use the mainnet genesis that’s packaged, so now Linux and Windows behave the same. Coin issuance & PoW - Finalis doesn’t follow the traditional BTC miner-based emission model. - The Ticket PoW is a limited secondary mechanism that adds some participation/ranking pressure and isn’t the only authority for finality. - Issuance is determined and distributed through epoch settlements to those eligible, like participants and validators. Monetary economics (live model) - Hard cap target: 7,000,000 FLS - Emission schedule: based on height and deterministic - During emission: 10% goes to protocol reserves, 90% to settlement rewards - If there are recipients for onboarding: 3% of settlement rewards are allocated for onboarding rewards - After reaching the emission cap: new issuance is 0; fees will still be settled based on the epoch logic. Validator onboarding process - ONBOARDING doesn’t automatically activate just by waiting; validators need to bond and join actively. Linux CLI commands (just copy/paste) Operator note If your node gets stuck at a low height with a settlement commitment mismatch on Windows, perform a full chain DB reset (remember to keep the validator key) and restart using the current packaged genesis.
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