neobytes/doc/masternode-budget.md
Evan Duffield fe5c4dd811 Converting governance system
- Generic usage of governance objects
- Added different voting types of signaling
- Removed budget commands (projection, mesc -- see sentinel https://github.com/evan82/sentinel/blob/master/docs/example4.md)
- Added various voting signaling mechanisms (origin funding, remove, valid, endorsed, milestones, outerstorage)
2016-04-19 09:51:15 -07:00

160 lines
6.1 KiB
Markdown
Raw Blame History

This file contains invisible Unicode characters

This file contains invisible Unicode characters that are indistinguishable to humans but may be processed differently by a computer. If you think that this is intentional, you can safely ignore this warning. Use the Escape button to reveal them.

NOTE : 12.1 -- REWRITE
Masternode Budget API
=======================
Dash now supports full decentralized budgets that are paid directly from the blockchain via superblocks once per month.
Budgets go through a series of stages before being paid:
* prepare - create a special transaction that destroys coins in order to make a proposal
* submit - propagate transaction to peers on network
* voting - lobby for votes on your proposal
* get enough votes - make it into the budget
* finalization - at the end of each payment period, proposals are sorted then compiled into a finalized budget
* finalized budget voting - masternodes that agree with the finalization will vote on that budget
* payment - the winning finalized budget is paid
1. Prepare collateral transaction
--
In this transaction we prepare collateral for "_cool-project_". This proposal will pay _1200_ DASH, _12_ times over the course of a year totaling _24000_ DASH.
**Warning: if you change any fields within this command, the collateral transaction will become invalid.**
Format: ```mngovernance prepare proposal-name url payment-count block-start dash-address monthly-payment-dash```
Example: ```mngovernance prepare cool-project http://www.cool-project/one.json 12 100000 y6R9oN12KnB9zydzTLc3LikD9cCjjQzYG7 1200 true```
Output: ```464a0eb70ea91c94295214df48c47baa72b3876cfb658744aaf863c7b5bf1ff0```
This is the collateral hash, copy this output for the next step.
2 Submit proposal to network
--
Now we can submit our proposal to the network.
Format: ```mngovernance submit proposal-name url payment-count block-start dash-address monthly-payment-dash fee-tx```
Example: ```mngovernance submit cool-project http://www.cool-project/one.json 12 100000 y6R9oN12KnB9zydzTLc3LikD9cCjjQzYG7 1200 464a0eb70ea91c94295214df48c47baa72b3876cfb658744aaf863c7b5bf1ff0```
Output : ```a2b29778ae82e45a973a94309ffa6aa2e2388b8f95b39ab3739f0078835f0491```
This is your proposal hash, which other nodes will use to vote on it.
3. Lobby for votes
--
Double check your information.
Format: ```mngovernance getproposal proposal-hash```
Example: ```mngovernance getproposal a2b29778ae82e45a973a94309ffa6aa2e2388b8f95b39ab3739f0078835f0491```
```
{
"Name" : "cool-project",
"Hash" : "a2b29778ae82e45a973a94309ffa6aa2e2388b8f95b39ab3739f0078835f0491",
"FeeHash" : "464a0eb70ea91c94295214df48c47baa72b3876cfb658744aaf863c7b5bf1ff0",
"URL" : "http://www.cool-project/one.json",
"BlockStart" : 100000,
"BlockEnd" : 100625,
"TotalPaymentCount" : 12,
"RemainingPaymentCount" : 12,
"PaymentAddress" : "y6R9oN12KnB9zydzTLc3LikD9cCjjQzYG7",
"Ratio" : 0.00000000,
"Yeas" : 0,
"Nays" : 0,
"Abstains" : 0,
"TotalPayment" : 14400.00000000,
"MonthlyPayment" : 1200.00000000,
"IsValid" : true,
"fValid" : true
}
```
If everything looks correct, you can ask for votes from other masternodes. To vote on a proposal, load a wallet with _masternode.conf_ file. You do not need to access your cold wallet to vote for proposals.
Format: ```mngovernance vote proposal-hash [yes|no]```
Example: ```mngovernance vote a2b29778ae82e45a973a94309ffa6aa2e2388b8f95b39ab3739f0078835f0491 yes```
4. Make it into the budget
--
After you get enough votes, execute ```mngovernance projection``` to see if you made it into the budget. If you the budget was finalized at this moment which proposals would be in it. Note: Proposals must be active at least 1 day on the network and receive 10% of the masternode network in yes votes in order to qualify (E.g. if there is 3500 masternodes, you will need 350 yes votes.)
```mngovernance projection```:
```
{
"cool-project" : {
"Hash" : "a2b29778ae82e45a973a94309ffa6aa2e2388b8f95b39ab3739f0078835f0491",
"FeeHash" : "464a0eb70ea91c94295214df48c47baa72b3876cfb658744aaf863c7b5bf1ff0",
"URL" : "http://www.cool-project/one.json",
"BlockStart" : 100000,
"BlockEnd" : 100625,
"TotalPaymentCount" : 12,
"RemainingPaymentCount" : 12,
"PaymentAddress" : "y6R9oN12KnB9zydzTLc3LikD9cCjjQzYG7",
"Ratio" : 1.00000000,
"Yeas" : 33,
"Nays" : 0,
"Abstains" : 0,
"TotalPayment" : 14400.00000000,
"MonthlyPayment" : 1200.00000000,
"IsValid" : true,
"fValid" : true
}
}
```
5. Finalized budget
--
```
"main" : {
"FeeTX" : "d6b8de9a4cadfe148f91e8fe8eed407199f96639b482f956ae6f539b8339f87c",
"Hash" : "6e8bbaba5113de592f6888f200f146448440b7e606fcf62ef84e60e1d5ac7d64",
"BlockStart" : 100000,
"BlockEnd" : 100000,
"Proposals" : "cool-project",
"VoteCount" : 46,
"Status" : "OK"
},
```
6. Get paid
--
When block ```1000000``` is reached you'll receive a payment for ```1200``` DASH to ```y6R9oN12KnB9zydzTLc3LikD9cCjjQzYG7```.
7. Command list
--
The following RPC commands are supported:
- mngovernance "command"... ( "passphrase" )
- check - Scan proposals and remove invalid from proposals list
- prepare - Prepare proposal by signing and creating tx
- submit - Submit proposal to network
- getproposalhash - Get proposal hash(es) by proposal name
- getproposal - Show proposal
- getvotes - Show detailed votes list for proposal
- list - List all proposals
- nextblock - Get info about next superblock for budget system
- nextsuperblocksize - Get superblock size for a given blockheight
- projection - Show the projection of which proposals will be paid the next cycle
- vote - Vote on a proposal by single masternode (using dash.conf setup)
- vote-many - Vote on a proposal by all masternodes (using masternode.conf setup)
- vote-alias - Vote on a proposal by alias
- mnfinalbudget "command"... ( "passphrase" )
- vote-many - Vote on a finalized budget
- vote - Vote on a finalized budget
- show - Show existing finalized budgets
- getvotes - Get vote information for each finalized budget
- prepare - Manually prepare a finalized budget
- submit - Manually submit a finalized budget