What is dcr double excavation (double excavation zil)

What is dcr double excavation (double excavation zil)

What is dcr double mining? In a dcr network, miners earn block rewards by contributing to the computational benefits of trading pairs. Double excavation is a new protocol (DCR) for mining using forked coins. This method is different from traditional mining models: a single mining pool provides two liquidity, and due to its unique pledge conditions, it will add a block reward. This means that users can deposit a certain amount of tokens into the mining pool without transferring the computing power of other miners to a new address

Double Pool

According to official information, the Zilliqa main network has officially launched the Double Pool mechanism recently. At that time, two pools will be opened, one is to provide liquidity and support single currency LP; The second is to provide a reward pool for ZIL token holders, and the number of rewards allocated to each mining pool is determined based on the computing power of the miners involved by the user

Since its launch on June 18, zil has successfully landed in OKEx, Huo Coin and other exchanges, and has realized multiple rounds of financing on three public chains, namely, BSC, Ethereum and Polygon.

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