πŸ“—
Edge Matrix Documentation
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EN
δΈ­ζ–‡EN
  • 🌐EMC Network
    • EMC Mainnet
      • Network Information
      • Consensus Mechanism
      • Native Token
      • Block Parameters
      • Transaction Performance
      • JSON RPC
    • πŸŒ‰Bridge
      • Bridge Contracts
      • Bridge Mechanism
      • Supported Cross-Chain Asset Pair
    • DEX
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  1. EMC Network
  2. EMC Mainnet

Consensus Mechanism

EMC Chain implements a PoS (Proof of Stake) consensus mechanism, where the core logic of the PoS staking process resides in the Staking Smart Contract

  • At network initialization, the Staking Smart Contract is pre-deployed at address 0x0000000000000000000000000000000001001, active from block 0.

  • The minimum staking requirement for validator nodes is 1,000,000 EMC. Once a node completes staking, it can start participating in block consensus after a delay of 50 blocks.

  • All gas fees from transactions in a newly mined block go to the validator that produced that block.

  • The initial number of validators is 7.

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Last updated 23 hours ago

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