The Rails Network client proactively sends job updates to the mining pools (validators) as soon as they appear (instead of having the pool software pinging the RPC node every x number of seconds, e.g. Miningcore every 0.5s), thus minimizing the communication delays between the node/blockchain client and the (Miningcore) pool software. The uncle rates are thus significantly improved.
The mining pool responsible for mining the last block will be awarded a static block reward of STX. The usual Pay-Per-Last-N-Shares (PPLNS) method to distribute pool rewards is used [*]. To prevent pool 'hopping' rewards are applied (paid) only after 100 blocks since joining the pool (~5minutes).
- Reward (one mining + one staking) = [Total (Initial) Supply] * 0.01-0.03 (1-3%) / 31556952 (seconds in 365.2425d) * Avg. Block Time
- e.g. 10,000,000 total initial supply and 3s avg block time => 0.02852 token
- e.g. 350,000,000 total initial supply and 3s avg block time => 0.9982 token (i.e. 1 STX)
[*] - subject to change before launch