TAN Consensus(BPoS)

Block Per Reward Proof of Stake (BPoS) is the core consensus mechanism driving the TAN blockchain. It merges the efficiency of Proof of Stake (PoS) with a unique (BPoS) Block Per Reward system offering a scalable and secure network. This mechanism ensures fast transaction processing, rewards network participants, and maintains the blockchain’s decentralization.

# How it works?

TAN’s Block Per Reward Proof of Stake (BPoS) system differentiates itself by rewarding validators based on the number of blocks they propose, rather than the amount of TAN tokens they stake. This ensures that validators are motivated to contribute actively to block creation and network security.

Fast Block Times: TAN’s blocks are created every 5 seconds, enabling faster transaction processing and reducing congestion, compared to networks with slower block times.
Validators' Dual Role: Validators secure the network by validating transactions and creating blocks, while also participating in governance with equal voting power, giving everyone a voice in the network’s future.
Delegator's Role: Delegators stake TAN tokens with trusted validators, earning rewards based on their stake. This promotes decentralization and requires 60% validator approval for governance proposals, ensuring strong decision-making.

# Key Benefits of (BPoS):

Fast Block Creation: TAN network creates blocks every 5 seconds, allowing for quick transaction processing, faster finality, and higher throughput. This is much faster than Ethereum’s 12-15 seconds block time, reducing congestion and increasing efficiency.
Validator Incentives: Validators earn a share of TAN rewards for creating new blocks, encouraging active participation and network security. The block reward decreases over time through halving period of every four year, controlling inflation and ensuring stability.
Security and Decentralization: (BPoS) ensures a secure, trustless network without a central authority, keeping the blockchain decentralized and all TAN transactions secure and transparent.

# Block Reward Distribution

Validators receive rewards for their work, but the block reward is distributed into three parts:

Validator Reward (20%): The validator who successfully mines and validates the block receives 20% of the block reward.
Burn Subsidy (50%): Half of the block reward is allocated to a burn subsidy, reducing the total supply of TAN tokens over time. This mechanism enhances scarcity and value. Additionally, once a burn occurs,(Initial staked amount + 20%) of the burned amount is reverted as an incentive.
Ecosystem Subsidy (30%): The remaining 30% is distributed among various incentives to promote the growth and adoption of the TAN ecosystem. The subsidy is divided as follows:
- Developer Incentives: Supporting developers contributing to the blockchain’s ecosystem.
- Staking Incentives: Rewarding users for participating in staking.
- Wallet Incentives: Encouraging users to hold TAN in official wallets.
- Holding Incentives: Encouraging long-term holding of TAN tokens.

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Last updated 2 months ago

# How it works?

Fast Block Times: TAN’s blocks are created every 5 seconds, enabling faster transaction processing and reducing congestion, compared to networks with slower block times.

Validators' Dual Role: Validators secure the network by validating transactions and creating blocks, while also participating in governance with equal voting power, giving everyone a voice in the network’s future.

Delegator's Role: Delegators stake TAN tokens with trusted validators, earning rewards based on their stake. This promotes decentralization and requires 60% validator approval for governance proposals, ensuring strong decision-making.

# Key Benefits of (BPoS):

Fast Block Creation: TAN network creates blocks every 5 seconds, allowing for quick transaction processing, faster finality, and higher throughput. This is much faster than Ethereum’s 12-15 seconds block time, reducing congestion and increasing efficiency.

Validator Incentives: Validators earn a share of TAN rewards for creating new blocks, encouraging active participation and network security. The block reward decreases over time through halving period of every four year, controlling inflation and ensuring stability.

Security and Decentralization: (BPoS) ensures a secure, trustless network without a central authority, keeping the blockchain decentralized and all TAN transactions secure and transparent.

# Block Reward Distribution

Validators receive rewards for their work, but the block reward is distributed into three parts:

Validator Reward (20%): The validator who successfully mines and validates the block receives 20% of the block reward.

Burn Subsidy (50%): Half of the block reward is allocated to a burn subsidy, reducing the total supply of TAN tokens over time. This mechanism enhances scarcity and value. Additionally, once a burn occurs,(Initial staked amount + 20%) of the burned amount is reverted as an incentive.

Ecosystem Subsidy (30%): The remaining 30% is distributed among various incentives to promote the growth and adoption of the TAN ecosystem. The subsidy is divided as follows:

Developer Incentives: Supporting developers contributing to the blockchain’s ecosystem.
Staking Incentives: Rewarding users for participating in staking.
Wallet Incentives: Encouraging users to hold TAN in official wallets.
Holding Incentives: Encouraging long-term holding of TAN tokens.