Meeting Summary
Discussion about TestNet
We discussed about the testnet and some related issues:
-IP block issues found by Hadi. Because of sanctions some IPs are blocked.
We run a support node to support users inside Iran
-The GUI application had some issues on Windows. They are fixed and tested by Hadi.
Discussion about Website
Website still has some issues:
- Animation needs to rename to Pactus
- We need a logo. Some logos are suggested by the community.
- The road map page is missed.
Status of social-medias was discussed:
- Discord: 70 members
- Instagram: 87 followers
- Telegram: 20 followers
- Linkedin: 20 followers
- Twitter: Not yet
Project announcement
We decided to announce the project on 29 September on the social-medias.
Consensus parameters
We discussed the consensus parameters. The consensus parameters are going to be set like below for the main-net:
- Total supply: 21 million coins
- Reward: 1 coin per block
- Block time: 10 second
- Committee size: 21 members
- Bond Interval: one hour
- Unbond interval: 21 days
- Fee fraction: 0.0001
- Min fee: 0.0000001
- Max fee: 0.01
- Maximum stake: 12381