#BlockchainGovernance

[cryptoanalyst-hub]

Understanding TRON Super Representatives

Super Representatives (SRs) are the main actors who ensure the performance and integrity of the TRON network. These actors are elected in a more or less democratic voting process where any person holding TRX may take part in it. To present an account as a candidate for the secluded home in the rank of super representatives a candidate must deposit an account with 9,999 TRX. While the top 27 winners, whose votes exceed a certain number of votes are referred to as super representatives and hold the duty of block production, the candidates 28-127 are called super representative partners (SRP) who do not engage in block production but collect rewards.

Voting Rights and TRON Power (TP) In order to vote for a super representative, a user is required to possess TRON Power (TP) which is given to members of the network upon staking TRX. For each TRX staked, one TRON Power (TP) is earned and voting rights are granted. It must be remembered however, that when the TRX is unstacked the respective TP is also lost and all votes cast are rendered void. Vote is done in every six hours and only the most recent vote of that account is counted hence prompt voting is of importance.

Reward Structure Super representatives earn block and vote rewards:

Block Rewards: Each time an SR produces a block, the SR is rewarded with 16 TRX, which is later paid to the voters in proportion to their votes cast after subtracting the commission.

Vote Rewards: In addition to block rewards, every block has an extra 160 TRX reserved for both the SRs and the SRPs who vote.

The commission is placed by default at 20% and this means super representatives take this percentage as a cut from the total rewards before the rest is shared out.

Examples of Reward Calculation As an illustration, assume a super representative has 1,233,278,454 votes and the broker ratio is 10%, which allows the following calculations:

Block Reward: 1,706 TRX Vote Reward: 19,610 TRX Total Reward: 21,316 TRX

Governance and Proposals The super representatives governing the TRON network are responsible for the governance of the platform by forming a group that makes pocket adjustments in the various network parameters such as the block rewards and transaction rate, Among all super representatives, SRPs and candidates can make their own proposals, amendments, and changes, but only the newly elected super representative ones have the right to vote - so-called - that is decision making proposals. Any such proposal is subject to not less than 18 super representative votes where a maximum of three days is allowed for voting. To assess the pricing trends of TRON more closely, and find out the Live Price of TRON (TRX) and TRON (TRX) market updates, please visit Coinpedia Markets. This is a useful resource for stakeholders and supporters in the cryptocurrency market who want to keep abreast in this ever-changing environment

[ancientegyptianpyramidschemes]

#share2steem Create Polls with Dpoll.xyz all based on #steem #blockchain This system is being used for the new steemit worker proposal system to allow people to suggest a project and ask for funds and people vote on the project. This was we will be more like #dash with stakeholders voting on what to spend the newly minted #cryptocurrency #bitcoin #eos #steem #ethereum #eos #litecoin #workerproposal #governance #blockchaingovernance https://www.instagram.com/p/Bvuhf01gjMv/?utm_source=ig_tumblr_share&igshid=kelbdp1khv16

[sajan-agrawal-posts]

[infocompanyinestonia]

Setting Up Your Crypto Business in Malta is another destination which has become popular among the crypto investors. Just like Estonia, the policy of setting up a company in Malta is quite favorable. In recent times, investors from different parts of the world are starting their crypto and Blockchain venture here.

[forencisresearch]

Blockchain Government Market by Type (Public Blockchain, Private Blockchain), by Platform (Application Platform, Infrastructure Platform), by Application Type (Payment, Voting), by Region (North America, Asia Pacific, Europe, Middle East and Africa, South America) – Global Forecast (2019 to 2027)

The Global Blockchain Government Market is projected to reach a value of over USD 8.9 billion by 2027 at a CAGR of around 81.2%, says Forencis Research (FSR).

#blockchaingovernment #market 

Read More About Blockchain Government Market: https://www.forencisresearch.com/blockchain-government-market/ 

[the-blockchain-news]

Swiss e-government startup Procivis releases integrated e-identity platform

Swiss e-government startup Procivis releases integrated e-identity platform #BlockchainGovernment #eGovernment

Four months after its public launch, Swiss e-government startup Procivis has released the beta version of its integrated electronic identity and services platform. The fully functional software is ready for piloting and designed to integrate Blockchain-based smart contract capabilities as soon as the underlying technology has matured. Procivis further announced it will provide free access to its…

[ancientegyptianpyramidschemes]

#share2steem I think I will buy some #bitshares today. It's up 15% and honestly as the predecessor to steem which gave a painful birth to EOS, therefore bitshares is like the grandfather of #eos so maybe its smart to invest in the original #danlarimer #DPOS #decentralized #exchange which also has a #workerproposal system aka a #blockchaingovernance system like #dash uses to allow whales to vote for projects to upgrade the dash protocol or create marketing (like @stellabelle did and now check out her work on the NEW spiritual predesecor PIXEOS @pixeos #pixeos so anyway Bitshares recently added their own worker proposal system which allowed people like @aggroed and others to offer to do work to produce proposals like a Bitsharea MOBILE app which they are now getting in exchange for sending that proposal person some bitshares, enough to sell to buy whatever they need and hopefully also they will find developers who accept bitshares for their work like @roelandp and others who are on Bitshares steem and eos... so as eos wins with their 4 billion dollar war chest, the same people will be on steemx as many eos whales are steem whales so the eos profit will help steem and those same people are on bitshares and will connect bitshares to steem via steem-engine.com AND to the many DeX exchanges in EOS like dexeos etc Anyone here have any advice? I'm hoping steem price goes up so I can continue delegating for passive income and also have at least 10 cents to give out for comment upvotes and I think it's time steem goes back to 8 dollars even in the bear market... are we really going to loose investors to Ravencoin? Really guys? Ravencoin? Were gonna have a lower marketcap than ravencoin? Nah steem we are better than that! We deserve to be back at our Jan 2018 Marketcap of 1.8 BILLION us dollars worth... https://www.instagram.com/p/BvcnyXQAZpp/?utm_source=ig_tumblr_share&igshid=3f0txhvuwdss

[ancientegyptianpyramidschemes]

#share2steem Preview of the Steem Governance system, where you can post Worker Proposals, projects that require funding which can be issued via the #steem #blockchain reward pool which can give almost $200k USD worth of steem every week or around 10% of the reward pool and steempower holders vote on the projects to be funded. NOW is the time for people to invest in steem #cryptocurrency as steem is basically taking 10% of the funding that was just going to random bloggers and is putting that money into the steem infrastructure which needs the money so much more, then later with steem over $20 the upvotes you'll get will be so much bigger even if the author rewards are cut from 52% to 20%! We can handle less percentage of reward pool going to authors as long as steem infrastructure is being built and also spent on marketing and ads which will bring in more investors and users and push price up, making up for it... its gonna be amazing to see people competing for steem on a LARGE level like not 300 upvotes but 30 Grand. And projects that dont get approved can still find private investors! #crypto #steem #workerproposal #governance #blockchain #blockchaingovernance #bitcoin #ethereum https://www.instagram.com/p/BvPx2apAiz1/?utm_source=ig_tumblr_share&igshid=hqfbsgi5o2iv

[infocompanyinestonia]

Companies that considering establishing Cryptocurrency Exchange License Estonia need to know that there are two kinds of Estonia Crypto Exchange to obtain.