Adjustments to block duration parameters

Adjustments to block duration parameters due to increased block span

  • Since last november, the average number of blocks generated per day has decreased due to a increase in the average block duration to more than ~24 seconds (compared to the previous ~22 seconds).
  • This situation necessitates modifying certain parameters to maintain system efficiency.
  • More details and block statistics can be found at: Rootstock Blockscout Stats.
  • We understand that this is a low-priority change, but we believe it is necessary to keep round times as close to a month as possible.

Technical procedure to achieve these changes

:warning: Warning: some technical/coding knowledge is necessary to fully understand this document.

In order to make all these changes, a Change Contract must be put to a vote in the governance system and after the community reaches consensus, the changes will be executed.

List of the simplified steps carried out by the Change Contract

  1. Set the coiner mint block interval.
  2. Set the supporters period using impersonate method.
  3. Update MOC Stable V1 block span.
  4. Update ROC Stable V2 block span.

The changer contract to vote would be:

Name Address ¹
FixBlockTimeChange 0x2AeC3D9f7DC09edaE398C5948D46cda57Dc7E8B8

¹ The contract address links point to the verified codes in the Blockscout explorer.

The parameters loaded in the change contract

ROC Stable V2 mocRif address

MocInrate contract

MocState contract

Coiner address

Supporters address

MocSettlement contract

A month in blocks

  • aMonthInBlocks: 106902

A week in blocks

  • aWeekInBlocks: 24585

A day in blocks

  • aDayInBlocks: 3512
1 Like

:mega: Call to MOC holders: This proposal is being voted on. How to vote Tutorial. Use the new voting site.

:mega: Llamado a los MOC holders: Esta propuesta se está votando. Tutorial de cómo votar. Usar el nuevo sitio de voto.

:mega: The voting process is over:

  • 28.11% of the MOC tokens total supply participated in the vote.
  • 100% of the participants voted in favor.
  • No one voted against the proposal.
  • The change was successfully implemented.

TX ID: 0x5414a072c4173c625f736f4e0ac6546cbbb609ddd6408930982d231d6f2b9897