return Math.Min(nSubsidy, NetInfo.nMaxMintProofOfWork) + nFees;
}
- internal static ulong GetProofOfStakeReward(ulong nCoinAge, uint nBits, uint nTime)
+ public static ulong GetProofOfStakeReward(ulong nCoinAge, uint nBits, uint nTime)
{
- throw new NotImplementedException();
+ ulong nRewardCoinYear, nSubsidy, nSubsidyLimit = 10 * CTransaction.nCoin;
+
+ if (nTime > NetInfo.nDynamicStakeRewardTime)
+ {
+ // Stage 2 of emission process is PoS-based. It will be active on mainNet since 20 Jun 2013.
+
+ BigInteger bnRewardCoinYearLimit = NetInfo.nMaxMintProofOfStake; // Base stake mint rate, 100% year interest
+
+ uint256 nTarget = 0;
+ nTarget.Compact = nBits;
+
+ BigInteger bnTarget = new BigInteger(nTarget);
+ BigInteger bnTargetLimit = new BigInteger(NetInfo.GetProofOfStakeLimit(0, nTime));
+
+ // NovaCoin: A reasonably continuous curve is used to avoid shock to market
+
+ BigInteger bnLowerBound = CTransaction.nCent, // Lower interest bound is 1% per year
+ bnUpperBound = bnRewardCoinYearLimit, // Upper interest bound is 100% per year
+ bnMidPart, bnRewardPart;
+
+ while (bnLowerBound + CTransaction.nCent <= bnUpperBound)
+ {
+ BigInteger bnMidValue = (bnLowerBound + bnUpperBound) / 2;
+ if (nTime < NetInfo.nStakeCurveSwitchTime)
+ {
+ //
+ // Until 20 Oct 2013: reward for coin-year is cut in half every 64x multiply of PoS difficulty
+ //
+ // (nRewardCoinYearLimit / nRewardCoinYear) ** 6 == bnProofOfStakeLimit / bnTarget
+ //
+ // Human readable form: nRewardCoinYear = 1 / (posdiff ^ 1/6)
+ //
+
+ bnMidPart = bnMidValue * bnMidValue * bnMidValue * bnMidValue * bnMidValue * bnMidValue;
+ bnRewardPart = bnRewardCoinYearLimit * bnRewardCoinYearLimit * bnRewardCoinYearLimit * bnRewardCoinYearLimit * bnRewardCoinYearLimit * bnRewardCoinYearLimit;
+ }
+ else
+ {
+ //
+ // Since 20 Oct 2013: reward for coin-year is cut in half every 8x multiply of PoS difficulty
+ //
+ // (nRewardCoinYearLimit / nRewardCoinYear) ** 3 == bnProofOfStakeLimit / bnTarget
+ //
+ // Human readable form: nRewardCoinYear = 1 / (posdiff ^ 1/3)
+ //
+
+ bnMidPart = bnMidValue * bnMidValue * bnMidValue;
+ bnRewardPart = bnRewardCoinYearLimit * bnRewardCoinYearLimit * bnRewardCoinYearLimit;
+ }
+
+ if (bnMidPart * bnTargetLimit > bnRewardPart * bnTarget)
+ bnUpperBound = bnMidValue;
+ else
+ bnLowerBound = bnMidValue;
+ }
+
+ nRewardCoinYear = (ulong)bnUpperBound;
+ nRewardCoinYear = Math.Min((nRewardCoinYear / CTransaction.nCent) * CTransaction.nCent, NetInfo.nMaxMintProofOfStake);
+ }
+ else
+ {
+ // Old creation amount per coin-year, 5% fixed stake mint rate
+ nRewardCoinYear = 5 * CTransaction.nCent;
+ }
+
+ nSubsidy = nCoinAge * nRewardCoinYear * 33 / (365 * 33 + 8);
+
+ // Set reasonable reward limit for large inputs since 20 Oct 2013
+ //
+ // This will stimulate large holders to use smaller inputs, that's good for the network protection
+ if (NetInfo.nStakeCurveSwitchTime < nTime)
+ {
+ nSubsidy = Math.Min(nSubsidy, nSubsidyLimit);
+ }
+
+ return nSubsidy;
}
}
}
-\feffusing System;
-
-namespace Novacoin
+\feffnamespace Novacoin
{
/// <summary>
/// Basic network params.
public const uint nChainChecksSwitchTime = 1379635200;
/// <summary>
+ /// Sat, 20 Jul 2013 00:00:00 GMT
+ /// </summary>
+ public const uint nTargetsSwitchTime = 1374278400;
+
+ /// <summary>
/// Wed, 20 Aug 2014 00:00:00 GMT
/// </summary>
public const uint nStakeValidationSwitchTime = 1408492800;
/// <summary>
+ /// Thu, 20 Jun 2013 00:00:00 GMT
+ /// </summary>
+ public const uint nDynamicStakeRewardTime = 1371686400;
+
+ /// <summary>
+ /// Sun, 20 Oct 2013 00:00:00 GMT
+ /// </summary>
+ public const uint nStakeCurveSwitchTime = 1382227200;
+
+ /// <summary>
/// Hash of block #0
/// </summary>
public static uint256 nHashGenesisBlock = new uint256("00000a060336cbb72fe969666d337b87198b1add2abaa59cca226820b32933a4");
/// </summary>
public const ulong nMaxMintProofOfWork = CTransaction.nCoin * 100;
+ /// <summary>
+ /// Maximum possible proof-of-stake reward per coin*year.
+ /// </summary>
+ public const ulong nMaxMintProofOfStake = CTransaction.nCoin * 100;
+
public static uint GetAdjustedTime()
{
return Interop.GetTime();
{
return nTime - nDrift; // up to 2 hours from the past
}
+
+ internal static uint256 GetProofOfStakeLimit(uint nHeight, uint nTime)
+ {
+ if (nTime > nTargetsSwitchTime) // 27 bits since 20 July 2013
+ return nProofOfStakeLimit;
+ if (nHeight + 1 > 15000) // 24 bits since block 15000
+ return nProofOfStakeLegacyLimit;
+ if (nHeight + 1 > 14060) // 31 bits since block 14060 until 15000
+ return nProofOfStakeHardLimit;
+
+ return nProofOfWorkLimit; // return bnProofOfWorkLimit of none matched
+ }
}
}
\ No newline at end of file