-
Notifications
You must be signed in to change notification settings - Fork 5.4k
New issue
Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.
By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.
Already on GitHub? Sign in to your account
Add opcode 0x46 blockreward #700
Merged
Merged
Changes from 1 commit
Commits
Show all changes
4 commits
Select commit
Hold shift + click to select a range
File filter
Filter by extension
Conversations
Failed to load comments.
Loading
Jump to
Jump to file
Failed to load files.
Loading
Diff view
Diff view
There are no files selected for viewing
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
Original file line number | Diff line number | Diff line change |
---|---|---|
@@ -0,0 +1,98 @@ | ||
## Preamble | ||
|
||
EIP: <to be assigned> | ||
|
||
Title: OPCODE 0x46 BLOCKREWARD | ||
|
||
Author: Cody Burns <dontPanic@codywburns.com> | ||
|
||
Type: Standard Track | ||
|
||
Category: Core | ||
|
||
Status: Draft | ||
|
||
Created: 2017-28-08 | ||
|
||
|
||
|
||
## Simple Summary | ||
|
||
This EIP adds an additional opcode to the EVM which will return a finalized blocks reward value. | ||
|
||
|
||
|
||
## Abstract | ||
|
||
In the EVM, the 0x40 opcodes are reserved for `Block Information`. Currently reserved opcodes are: | ||
* `0X40 BLOCKHASH` | ||
* `0X41 COINBASE` | ||
* `0X42 TIMESTAMP` | ||
* `0X43 NUMBER` | ||
* `0X44 DIFFICULTY` | ||
* `0X45 GASLIMIT` | ||
|
||
This EIP would add an additional opcode, `0x46 BLOCKREWARD`, which would return the block reward for any finalized block. The finalized block reward would include the base reward, uncle payments, and gas. | ||
|
||
## Motivation | ||
|
||
|
||
Per EIP-649 ( #669 ) periodic block reward reductions/variance are now planned in the roadmap, however, this EIP is consensus system agnostic and is most useful in decentralized pool operations and for any contract that benefits from knowing a block reward payout(i.e. Merge mined tokens) | ||
|
||
|
||
## Specification | ||
|
||
|
||
After block `n` all clients should process opcode `0x46` as follows: | ||
|
||
* Value: `0x46` | ||
* Mnemonic: `BLOCKREWARD` | ||
* δ:` 0` nothing removed from stack | ||
* α:`1` block reward added to stack | ||
* Description: `Get the block's reward emission` | ||
* GasCost: `G<sub>base</sub>` | ||
|
||
Where:`µ'<sub>s</sub>[0] ≡ I<sub>HR</sub>` | ||
|
||
|
||
|
||
|
||
## Rationale | ||
|
||
### Contract Mining Pools | ||
|
||
For distributed consensus systems(staking pools and mining pools) ad hoc groups combine resources in order to reduce variance in payouts. Broadly, pool operations function by allowing a collective of miners / stakers to verify their contribution to solving PoW or staking share by periodically submitting solutions which are is representative of the miners probability of finding a true block. | ||
|
||
In all these schemes `B` stands for a block reward minus pool fee and `p` is a probability of finding a block in a share attempt ( `p=1/D`, where `D` is current block difficulty). | ||
|
||
Some common methods of mining pool payout are pay-per-share, `R = B * p`, proportional [`R = B * (n/N)` where `n` is amount of a miners shares, and `N` is amount of all shares in this round.], and pay-per-last-N-shares [`R = B * (n/N)` where miner's reward is calculated on a basis of `N` last shares, instead of all shares for the last round]. All of these methods are predicated on knowing the block reward paid for a given block. In order to provide a trust minimized solution, `0x46` can be used to call a blocks reward for computing payouts. | ||
|
||
### Merge mined tokens | ||
|
||
Contracts could create tokens which could be variably ‘minted’ as a function of block reward by calling `0x46` | ||
|
||
## Backwards Compatibility | ||
|
||
|
||
### Currently deployed contracts | ||
|
||
No impact | ||
|
||
### Current clients | ||
|
||
This EIP would be incompatible with currently deployed clients that are not able to handle `0x46` and would process all transactions and block containing the opcode as invalid. | ||
|
||
Implementation should occur as part of a coordinated hardfork. | ||
|
||
## Implementation | ||
|
||
|
||
## Further reading | ||
|
||
[Mining Pools](https://en.wikipedia.org/wiki/Mining_pool) | ||
|
||
The Yellow Paper Appendix H. Virtual Machine Specification section H.2 | ||
|
||
## Copyright | ||
|
||
Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/). |
Add this suggestion to a batch that can be applied as a single commit.
This suggestion is invalid because no changes were made to the code.
Suggestions cannot be applied while the pull request is closed.
Suggestions cannot be applied while viewing a subset of changes.
Only one suggestion per line can be applied in a batch.
Add this suggestion to a batch that can be applied as a single commit.
Applying suggestions on deleted lines is not supported.
You must change the existing code in this line in order to create a valid suggestion.
Outdated suggestions cannot be applied.
This suggestion has been applied or marked resolved.
Suggestions cannot be applied from pending reviews.
Suggestions cannot be applied on multi-line comments.
Suggestions cannot be applied while the pull request is queued to merge.
Suggestion cannot be applied right now. Please check back later.
There was a problem hiding this comment.
Choose a reason for hiding this comment
The reason will be displayed to describe this comment to others. Learn more.
Please use 698 and move this file to EIPS/eip-698.md.