What is the fpps settlement mode (in f2pool settlement)

What is the fpps settlement mode (in f2pool settlement)

What is the fpps settlement mode? Based on chain news, what is the Fpps (File Sharing System) settlement mode? The token economics model of fPPS was jointly developed by developers and technicians of distributed accounting technology Specifically, during the process of data storage on the blockchain, it is necessary to include a node as a computing device for each block to record and verify the status of transactions, in order to make the hash value closer to the actual amount of data; Then nodes in this network can send corresponding timestamps to another miner to prove that this information is correct. The operation of fpps implemented in this way is a mechanism: if an account has more than 1 million fps and cannot update the account status of other accounts in a timely manner, the account balance must be rechecked based on the current time period’s information content, and whether it can be used or upgraded normally. So at present, we can see that many exchanges are adopting this model, but in fact, it does not mean that they have implemented this mechanism, just because it is not very mature, so there is no guarantee that this situation will continue to exist

f2pool settlement

According to the latest news, F2pool settlement has been completed today at 15:28. It is reported that F2pool is one of the largest decentralized mining pools on the Fire Coin ecosystem Heco, developed by Ant Mining Machine and supporting an integrated solution of liquidity mining and transaction mining. Its product functions include:

1. HECO based OEM distribution platform 2. Innovative payment networks for the blockchain industry

3. Ethereum side chain, etc. At present, F2pool has completed the first phase of testing and is about to start the second phase of main network operation.

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