Blendr Network – Technical Plan Docs
  • Blendr's Network
    • Executive Summary
  • Problem and Solution for Blendr - A Comprehensive Approach
  • Blendr's Decentralized Architecture
    • Blendr Compute Mesh (BCM)
    • BlendrChain
    • Blendr Token ($BLENDR)
    • BME | Native Token
    • Digital Asset Rights Ledger (DARL)
    • Node Engagement Protocol (NEP) and Creator Engagement Protocol (CEP)
    • Node Manager Selection
    • Task Scheduler Optimization active GPUs
    • Data Encryption and Integrity - Quantum-Resistant Encryption
    • Blockchain Smart Contract for Task Verification - Enhanced with Oracles
    • Reward Mechanism for GPU Contributors
    • Token Staking for Non-GPU Holders
    • Multi-Tier Pricing (MTP) Algorithm
    • Voting Power
    • Reputation Scoring System
    • Resource Allocation
    • Burn and Mint Equilibrium (BME)
    • Secure Transaction Protocol
    • Allocation Optimization
    • Dynamic Pricing Model
    • Incentive Mechanism (Burn and Mint Equilibrium - BME)
    • Token Staking
    • Reputation and Incentive Mechanism
    • GPU Selection and Task Allocation
    • CUDA + Blendr
    • Flow for User
  • In conclusion
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  1. Blendr's Decentralized Architecture

Incentive Mechanism (Burn and Mint Equilibrium - BME)

The BME may adjust the token supply to stabilize the economy, which could be represented as

Define T(t)T(t)T(t) as the total supply of tokens at time ttt. When a task is completed, burn a fraction ϕ \phi ϕ  of the task's cost from the total supply and mint new tokens MMM based on network activity A(t)A(t)A(t):

T(t+1)=T(t)−ϕ⋅Cost(task)+M(A(t)) T(t + 1) = T(t) - \phi \cdot \text{Cost}(task) + M(A(t)) T(t+1)=T(t)−ϕ⋅Cost(task)+M(A(t)) 

Where M(A(t)) M(A(t)) M(A(t))  is a function that determines the number of new tokens to mint based on network usage metrics.

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