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Gonbatfire 2024-06-22 17:59:05 -03:00 • committed by GitHub
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docs/learn/emission.md
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@ -8,9 +8,9 @@ sidebar_position: 6
Zano has a hybrid PoW/PoS consensus algorithm to secure the network and therefore emission is generated from two distinct sources:
Proof of Work (PoW) mining. PoW mining creates new ZANO coins to reward miners for completing the calculation and therefore contributing to the network.
Proof of Work (PoW) mining, which creates new ZANO coins to reward miners for completing the calculations and therefore contributing to the network.
Proof of Stake (PoS) staking. PoS staking also creates new ZANO coins to reward stakers for staking their funds and therefore contributing to the network.
Proof of Stake (PoS) staking, which also creates new ZANO coins to reward users who stake their funds and therefore also contributing to the network's security.
100% of the block reward goes to the miner or staker that found the block.
@ -47,8 +47,8 @@ Our decision to do a premine allowed us to keep our core team full-time since la
The premine consisted of 3.6M ZANO, it was set aside for marketing, partnerships, ongoing project expenses, as well as to pay a loan to fund initial development back in 2018.
As of June 2024, considering what has already been spent for development, our dev-fund sits at \~6% of the total ZANO supply.
As of June 2024, considering what has already been spent for development, our foundation fund sits at **just \~6%** of the total ZANO supply.
You can track the amount of the dev fund via our [explorer](https://explorer.zano.org/) or by importing its tracking seed into your wallet:
You can track the amount of the foundation fund via our [explorer](https://explorer.zano.org/) or by importing its tracking seed into your wallet:
`aZxat4HAWriVQ3enkGcVsrZRdMseAJswG3CSEwTqZS246VsFQ53w26eZstYsu1jWE74Atz9ajLxFnBsVTafncWNH5SMv4zHFaTS:1780c4d5dd7e97cc4a75ea8baa7977d12ef948b9a6dddc2a9a37e5e22ac7180e:1599495055`