The Reward & Compete Principle

Since the goal of the Trac Network is to become the fastest finalizing Crypto network, it is of upmost importance that validators and app deployers provide sufficient performance:

• Their nodes must have as little downtimes as possible.

• Their network connectivity must be sufficient.

To achieve this, the rewards are generous but are only granted under the rules of competition:

• Apps & users may choose validators individually if necessary to get transactions validated.

  • This is akin to broadcast transactions into the Mempool of specific mining pools of Bitcoin for example.

  • Leads to validators trying to achieve the best performance and compete with each other over availability and quality.

  • Individual license identities can be grouped into pools, opening market opportunities for validator pools.

  • ⇒ Creates an open and fair validator-to-user (b2c) market.

• Validators may decide to help validating an app network and compete with each other over the most successful apps for earning additional rewards.

• App deployers may ask the best validators to help validating their apps in return for further rewards.

• ⇒ Creates an open validator-to-deployer (b2b) market and unlocks more incentives.

• Users may choose an app over their overall availability and quality, as well and contribute heavily to the success of an app.

• ⇒ Creates a true consumer market on app level (b2c).