CONSENSUS

Hybrid participation

Every authorized operator wallet may compete for blocks, including at 0 PBE. Confirmed holdings provide a bounded timing multiplier; there is no minimum balance, manual staking, or locked PBE.

BLOCK v4

BLOCK PRODUCTION

Current rules

Open participation

Slot target15 SECONDS

Minimum balance0 PBE

Base multiplier1.00×

Maximum multiplier2.50×

Participation ticketARGON2ID

Ticket scope1 / WALLET / SLOT

Eligibility window1–14 SEC

FinalityDEPTH-BASED · NO HARD FINALITY

Current block reward5 PBE

HOLDING MULTIPLIER

Timing schedule

Funds remain spendable

Confirmed wallet holdings	Timing multiplier
0 PBE	1.00×
100 PBE	1.10×
1,000 PBE	1.25×
10,000 PBE	1.50×
100,000 PBE	1.75×
1,000,000 PBE	2.00×
10,000,000 PBE	2.25×
100,000,000 PBE	2.50×

Values between milestones are interpolated. The multiplier changes when a wallet becomes eligible inside a slot; it never creates additional participation tickets.

FORK CHOICE

Height first, participation ticket second

The greater valid chain height wins. Equal-height tips are ordered by slot and the memory-hard participation ticket, excluding the machine producer key from the primary tie-break so rotating producer identities cannot cheaply bias fork selection.

SETTLEMENT

Confirmation policy

Canonical inclusion is not irreversible settlement. PBE 0.0.1 uses confirmation depth and deterministic fork choice, but does not claim protocol hard finality. Merchants should choose a confirmation target appropriate for the value being transferred and handle reorganization events.