SHAFTS
SEVEN PROOF OF WORK COINS. EVERY BLOCK ASKS SOLVERS FOR ALL OF THEM AND MINES THE ONE PRICED CLOSEST TO REFERENCE.
| SHAFT | STATUS | GRADE | OUT FOR 1 SOL |
|---|---|---|---|
| BTC | |||
| ZEC | |||
| XMR | |||
| LTC | |||
| DOGE | |||
| BCH | |||
| DASH |
Grade is the solver's offer measured against reference. The rig asks what 1 SOL buys of each coin, values that amount at the coin's listed price, and divides by the listed price of SOL. A grade of 99.50% means the solver keeps half a percent.
The cube plots every quote of the last day on three axes: grade, the solver's own estimate of time to fill, and how long the quote took to come back. Each shaft forms a cloud. The blue plane is the cutoff; clouds sitting under it cannot win.
A shaft is ACTIVE only while its coin is on the 1Click token list. The list is read on every quote round, so a coin that is added or removed changes state here without a code change. Monero's rules are used throughout the rig; its shaft opens the moment the asset is listed.
| SHAFT | WINS | UNCLES | BELOW CUTOFF |
|---|---|---|---|
| BTC | |||
| ZEC | |||
| XMR | |||
| LTC | |||
| DOGE | |||
| BCH | |||
| DASH |
Every shaft starts paying 90% of its coinbase to the window and 10% to buying and burning the coin. Each 256 wins halves the holder share, down to a floor of 10% that never ends, the same shape as Monero's tail emission. The rest goes to the burn. Depletion is counted in blocks won, never in days.
The runner up in every quote race is stored as the block's uncle with its own grade. Uncles earn nothing. They are kept because the gap between winner and uncle shows how contested a block was.
When a block is orphaned, the best quote that failed the cutoff is counted against its shaft as BELOW CUTOFF. A shaft that collects many of these is one solvers are pricing badly.
Uncles appear from the first block that receives two quotes.