Shared mining rewards

0 votes
Would it be possible to implement a system where mining rewards (or a percentage) are distributed among all (active) account holders (instead of to the miner only)?
asked Jul 7, 2015 by anonymous

1 Answer

0 votes
This sounds like proof-of-stake. It's possible in principle though not high up on the MultiChain roadmap since it would require extensive changes to the protocol.
answered Jul 7, 2015 by MultiChain
About the sharing of the mining rewards, I understand that this cannot be built into the protocol, but thinking out loud, could this be programmed into a separate process that monitors the creation of new blocks and then automatically (with the permission of the miners) distributes the mining reward among the active members of the community?

Is there a possibility to check upon the "activity" of the altcoin users?
Everything that happens on the blockchain is publicly visible, so transparency is not a problem.

But the issue is that you can't forcibly take funds from miners, since their funds are protected by their own private keys. So you could try and find out who the miners are, and ask them nicely to make payments to other users, but this would ultimately be up to them.