Different from centralized systems, the decentralized peer-to-peer network relies more heavily on the proactive participation of its members to manage the transactions and activities conducted over there. In order to motivate the network participants to work on information management on the network, the decentralized systems offer an incentive to miners (network participants who create transaction ledgers in the form of blocks) in the blockchain, aptly called block reward. How does the block reward work in motivating the miners to keep doing their job, thus sustaining the peer-to-peer network operation? Blockchain Zoo CEO Roberto Capodieci explains the subject matter to us in depth in this podcast.
Host and Script: Sebastian Partogi
Videographer: Putu Christian Welly Robin
Speaker: Roberto Capodieci
Expert consultant: Jaspal Singh
For more information, head to https://decbc.com and be sure to download the first volume of the “the journey toward decentralization” series here: https://bcz.bz/vol1 (if you want buy the physical book, or the Kindle edition, you can find it at https://www.amazon.com/ZooBC-Roberto-…).