How works the voting system for a delegate?
For some reason i dont find any information for that..
Will I get regular rewards for voting for delegates? Can I cancel my vote any time? Some more information will be appreciated.
Thanks
It sounds like it's like Lisk's delegate system, which makes sense because my understanding is that its a fork of Lisk.
So you can vote for up to 101 delegates, but you have to do it in rounds. So for starters (since the fee is only .1 anyway), what you would do is click the top 33 delegates, then click vote to submit. Right after that, you can just click the second 33 delegates, vote to submit. Rinse and repeat for round 3. After round 3 you will have voted for 99 delegates, so in the 4th round you will only be able to vote for 2 more delegates, do that then submit. You're finished after that, just wait for the rewards to start coming in thereafter.
Now, what I stated above, may NOT be considered the best practice for voting, but it gets you up and running with the delegates that are actually forging blocks.
What I WOULDN'T be aware of is whether or not there are delegate pools like there are in Lisk. If so, you would need the list of the pool members and you would need to vote for everyone in that pool specifically. Also, you may or may not need to register with a delegate/pool for your rewards to start flowing in. You would need to contact the delegate to figure that stuff out. Considering the cultural barrier here, hopefully pool/delegate registration doesn't apply here.
Both (Lisk and Asch) were forked from Crypti.
Asch system uses consensus mechanism which is based on Delegated Proof of Stake(DPOS). However, on the bottom half of the algorithm, we use an optimized variant of PBFT algorithm. This algorithm can achieve the consistency of the loyal nodes by the message complexity of O(n ^ 2) and time complexity of O(1) at t<n/3 to prevent bifurcation. In the equation t represents the number of the Byzantine Failures nodes (any possible problems such as network latency, system crash, vicious attack), while n represents the number of all nodes.
Asch uses a non-Pow algorithm, so it can’t be mined. However, the benefits can be gained by running as delegators. Asch use AC1.0 consensus algorithm (an optimized dpos with pbft algorithm) to ensure the output of blocks through the delegate system.
Everyone can register to be a delegate; everyone can vote for any delegate, but only the top 101 delegates who get the most votes can forge blocks (accounting). Currently, a delegate can get 3.5 XAS as reward for forging one block, and each block takes 10 seconds to be forged.
Lisk uses Delegated Proof of Stake(DPOS)
