About ZDKL
PART 5
Miners and Fees: How ZDKL-PTT and PTT Blockchain Works
ZDKL-PTT is integral to the operation of the PTT blockchain. Unlike conventional investment vehicles, it functions as a transactional medium and incentive mechanism for miners. Here’s how:
01
Miner Block Rewards
Miners receive compensation for their essential role in maintaining the blockchain’s security through a block reward of 0.0001 ZDKL-PTT per block mined. This reward reflects their computational efforts to validate transactions and secure the network, rather than being driven by speculation.
02
Transaction Fees
Users incur a fee of 0.001 ZDKL-PTT per transaction. These fees support the efficiency and scalability of the network. The necessity of ZDKL-PTT for conducting transactions within the ecosystem emphasizes its inherent utility, distinguishing it from speculative assets.
ZDKL-PTT Wallet Application: Acting as a Node in the PoW Blockchain
The ZDKL-PTT wallet application is designed not only as a user-friendly interface for managing ZDKL-PTT Coins but also as an integral node in the Proof of Work (PoW) blockchain network. By enabling users to participate actively in the blockchain’s operations, the wallet enhances decentralization and strengthens the overall security of the network.
01
Node Functionality
Each instance of the ZDKL-PTT wallet operates as a node within the blockchain network. This means it maintains a complete copy of the blockchain, validates transactions, and contributes to the consensus mechanism essential for the PoW system. As a node, the wallet application ensures that transactions are confirmed and added to the blockchain in a secure and decentralized manner, thereby reinforcing the integrity of the entire network.
02
Future Enhancements
As the development of the ZDKL-PTT ecosystem continues, additional features and improvements will be implemented within the wallet application. These enhancements may include advanced mining algorithms, resource optimization tools, and educational resources to help users maximize their mining efficiency and understand the broader implications of their participation in the blockchain.
03
Public Mining Participation
As the ZDKL-PTT ecosystem evolves and new functions are released, the wallet application will enable users to participate directly in mining activities. This feature allows users to leverage their computing power to contribute to the network’s security and transaction validation while earning rewards in ZDKL-PTT Coins. By transforming the wallet into a mining tool, users can actively participate in maintaining the network, fostering a sense of community and engagement. Rather than relying solely on centralized mining pools, individual users can mine ZDKL-PTT Coins directly from their wallets, promoting a more inclusive and decentralized mining environment. This aligns with the overall vision of the PTT blockchain, which prioritizes user participation and community-driven growth.