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Update authority_nodes.rst
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igoraxz committed Jul 9, 2019
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Expand Up @@ -5,10 +5,10 @@ Papyrus Network is operated by Authority Nodes, which provide their hardware cap

Papyrus Network protocol allows up to 47 Authority Nodes to be a part of the network.

In exchange for maintaining network operations Authority Nodes get mining rewards equal to 4.5*K PPR tokens per block, where K = {AMOUNT OF AUTHORITY NODES}/47.
In exchange for maintaining network operations Authority Nodes get mining rewards equal to 3*K PPR tokens per block, where K = {AMOUNT OF AUTHORITY NODES}/47.

PPR token is a native token of Papyrus Network required to allocate network resources to execute transactions.
There are 1 000 000 000 PPR tokens distributed at the genesis block, and according to mining rewards schedule with 3 seconds block interval annual inflation is limited with a maximum amount of new tokens equal to (20 blocks per minute)*60*24*365*4.5*(47/47)= 47 304 000 PPR, ie < 5% of total emission.
There are 1 000 000 000 PPR tokens distributed at the genesis block, and according to mining rewards schedule with 3 seconds block interval annual inflation is limited with a maximum amount of new tokens equal to (20 blocks per minute)*60*24*365*3*(47/47)= 31 536 000 PPR, ie ~ 3% of total emission.

Mining rewards are subject to change based on community voting (see Governance documentation).

Expand All @@ -32,5 +32,5 @@ Connection: 100 MBit/s+ port

**Expected Authority Node rewards:**

Monthly PPR reward for active Authority Node is equal to 4.5*20*60*24*30*(K/47)*(1/K) = ~82,723.4 PPR
Monthly PPR reward for active Authority Node is equal to 3*20*60*24*30*(K/47)*(1/K) = ~55,149 PPR

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