MultiversX Tracker is Live!

Developer Royalty Fees- thoughts?

All Cryptocurrencies

by COINS NEWS 83 Views

Developer Royalty Fees- thoughts?

Has anyone seen this concept used anywhere else, or being considered? It is a powerful concept for sure, and since it involves payouts when contracts are called, seems very achievable. What are your thoughts?

"Developers (Generic Smart Contract Developers) whose code will be re-used will be rewarded after: Each new smart contract deployment fee is paid by Specific Smart Contract Developers.

All transactions which interact with smart contracts (DApps) where the code is re-used.

The reward is for a lifetime.

Developers can cut their smart contract upload costs by 80% QANplatform’s Developer Royalty System reduces burden on the network since only new code logic parts will be uploaded on the QAN MainNet. As a result of this, Specific Smart Contract Developers who re-use already deployed code parts in their smart contracts pay proportionately less, since they only pay for the new code parts to be deployed on the blockchain. "

This will be part of the upcoming testnet V3 according to the roadmap, so we'll get to see how it works. Seems like a great way to encourage ecosystem development.

submitted by /u/Original-Assistant-8
[link] [comments]

Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments