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Verifying a transaction requires 81% of Merit. A checkpoint requires 51% of Merit. Earning rewards for a transaction requires it gets 51% of Merit.
All three of these values should use a 67% threshold. The desync between Merit needed for verification/rewards is due to the risk of double spends (which can be split 60/40) with a lack of certainty about finalization. That said, due to there's not too much value in defining a distinct threshold when we already can't use the Verifications in real time.
As for checkpoints, the statement stands.
The text was updated successfully, but these errors were encountered:
Verifying a transaction requires 81% of Merit. A checkpoint requires 51% of Merit. Earning rewards for a transaction requires it gets 51% of Merit.
All three of these values should use a 67% threshold. The desync between Merit needed for verification/rewards is due to the risk of double spends (which can be split 60/40) with a lack of certainty about finalization. That said, due to there's not too much value in defining a distinct threshold when we already can't use the Verifications in real time.
As for checkpoints, the statement stands.
The text was updated successfully, but these errors were encountered: