Some resources in a blockchain network are limited, for example, storage and computation. Transaction fees prevent individual users from consuming too many resources (as an attack method or otherwise). Geode uses a weight-based fee model as opposed to a gas-metering...
The Treasury is a pot of funds collected through a portion of block production rewards, transaction fees, slashing, staking inefficiencies, etc. The funds held in the Treasury can be spent by making a spending proposal that, if approved by the...
Geode implements NPoS (Nominated Proof-of-Stake), a relatively novel and sophisticated mechanism to select the validators who are allowed to participate in its consensus protocol. The NPoS model encourages the majority of GEODE holders to participate as nominators....
Blockchain? Doesn’t That Use A Ton Of Electricity And Require Expensive Equipment? – Not Geode! Some blockchains use a lot of electricity and that is a cause for concern. That’s why we based Geode on a method called Nominated Proof of Stake....
Quick Start Guide How To Access The Geode Blockchain The easiest way is to access it through the Geode Portal: FOLLOW THIS LINK. If you would like a more decentralized and independent way to access it, and you are comfortable with server administration...
Understanding Nominated Proof of Stake (NPoS) NPOS is a Proof-of-Stake system where nominators use their own stake to back the validators they think will do the best job. Nominators are subject to loss of stake if they nominate a bad validator. In other words, if...
