In decentralized oracles 21st round ended on Jan 18, 2023 at 14:33 GMT (block 4980530) less MOC token has been distributed than in previous rounds.
During a round, funds are raised and these are distributed at the end of the round.
The funds come from the fees and commissions charged to the platform users as well as from what is monthly minted by the Coiner.
The duration of a decentralized oracles round is 43,200 seconds (measured with the timestamps of the blocks) which is equivalent to 30 days.
The Coiner mint MOC tokens every 87,600 blocks, which is practically equivalent to 30 days.
But the blocks can get a little be longer or smaller and of these differences, although unlikely, there is a statistical possibility that in a round of decentralized oracles no Coiner mint will happen.
This was exactly what happened during 21st round, leaving only to be distributed what it comes from fees and commissions charged to the platform users.
Since this has happened recently, for it to happen again, it will take a displacement of approximately another 30 days, making it unlikely that it will happen again in the short term.
Statistically, there is also the possibility that at some point two Coiner mints happens in the same round, compensating for the event described above.
This difference in time base measurement (blocks vs. seconds) is the cause of these drawbacks.
It will be taken into consideration in the future to make modifications in the contracts to unify criteria and always measure time in the same way (in blocks).
| Date/time (GMT) | Event |
|---|---|
| Dec 19, 2022 at 12:48 | Last Coiner mint |
| Dec 19, 2022 at 14:31 | 20st round ended |
| Jan 18, 2023 at 14:32 | 21st round ended |
| Jan 20, 2023 at 20:35 (*) | Next Coiner mint |
(*) This date/time is approximate since this event has not yet occurred at the time of writing this report. but we can say that between Coiner mints it’s been +32 days, which are 2 days more than expected and gives an average block span of 31.9 seconds.