Random Block Rewards

Random reward mechanism

When the total mining volume reaches 60,000,000 EBTC, the system will automatically activate the random block reward mode at

Block: #44162113 10 Block Confirmations

Timestamp: Nov-20-2024 01:44:43 AM UTC

This is a unique feature to bring unexpected and exciting experiences to participants.

Users can use the Claim Token feature to receive rewards.

These rewards are distributed based on a random algorithm, with coefficients from x2, x3, x5, x10 or higher.

In particular, EBTC random block reward is similar to BTC's mechanism, when miners have the opportunity to receive the entire reward of a block. This uncertainty not only creates a sense of excitement but also provides a more vibrant mining activity.

Benefits of Random Rewards

1. Increased Activity: Randomness brings variability to the reward outcome, encouraging regular participation.

2. Equal Opportunity: The algorithm ensures that all participants have equal opportunities, regardless of the number of tokens they hold.

3. Decentralized Distribution: The probabilistic method enhances the dynamics of the reward mechanism, maintaining fairness across the network.

Random Algorithm

To ensure fairness and transparency, the system uses a hash function-based randomization algorithm, which derives randomness from immutable blockchain data, including:

• Block Hash

• Timestamp

• Wallet ID

This ensures that no one can manipulate the outcome.

Rewards are distributed with a percentage probability. The ratios are designed to maintain a balance between attractiveness and token supply.

• 0.5% ≈ x2

• 0.4% ≈ x3

• 0.3% ≈ x4

• 0.2% ≈ x5

• 0.001% ≈ x10 ( or ≈ X greater depending on the block )

Challenges and Mitigation

1. Inflation Risk: To prevent excessive token circulation, the reward structure will be limited in supply and adjusted adaptively.

2. Transparency: The algorithm and its parameters are made public on the Blockchain.

EBTC will update the lucky ones who receive random rewards on EBTC official channels, to ensure fairness and build trust in the ecosystem.

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By introducing a randomized reward structure analogous to BTC’s block reward mechanism, the system enhances engagement while maintaining consistency with decentralized principles. This approach supports long-term sustainability and fairness without undermining the foundational economics of the EBTC ecosystem.