Proof of Devotion
Last updated
Last updated
Similar to POI, the PoD selects the accounts with high influence. All accounts are ranked according to their liquidity and propagation (Nebulas Rank).
Top-ranked accounts are selected
Chosen accounts pay deposit and are qualified as the blocks Validators (Validators Set is dynamic, changes in Set may occur after Epoch change.)
Algorithm pseudo-randomly chooses block Proposer
After a new block is proposed, Validators Set (each Validator is charged a deposit) participate in a round of BFT-Style voting to verify block (1. Prepare stage -> 2. Commit Stage. Validators should have > 2/3 of total deposits to validate Block)
Block is added. Block rewards : each Validator rewarded with 1 NAS.
Nebula