❓FAQ
Problems you may encounter
About Deploy
Q1. What happens if I deploy a token whose tick already exists?
The transaction of deploying can be successfully confirmed, but no new IERC20 tokens will be deployed, nor will any new IERC20 tokens be minted.
Therefore, before deploying any tokens, please double-check the ticks are not used.
About Mine
Q1. The maximum minting times for a single address is 10, why can't I mint 10 times?
It is possible to happen. Before mine, transfers were counted as balance if you have received token transfers from others.
In the Market
Q1. What’s the difference between Blue labels and Gold labels for Inscriptions on IERC20.com?
Blue-label inscriptions are community inscription projects that have been verified through voting by the IERC community. Gold-label inscriptions are high-quality inscriptions verified and collaborated on by the official IERC Protocol.
Q2. Is $ethi the native token for the IERC team and protocol?
No, $ethi is not the native token of the IERC protocol. It is the first Inscription inscribed on the IERC-20 platform, and it is currently the most popular Inscription on IERC20.com.
Q3. Can I only purchase one type of inscription during bulk purchases?
During bulk purchases, users can buy up to a maximum of ten types of inscriptions. Inscriptions that have not been settled will remain in the user’s shopping cart until they are successfully purchased by other users. When an inscription is purchased by another user, the corresponding inscription in your shopping cart will be marked as invalid. You can click to clear it and continue purchasing the remaining inscriptions.
Q4. Why not use $ethi to pay gas fees?
$ethi is not the native/platform inscription of IERC. It is the first inscribed and currently most popular inscription on IERC20. You don’t pay BNB when withdrawing ETH in Binance.
About DPoS & PoW
Q1. Can you limit the amount of points used each time?
We just had a new update for all DPoS miners; the minimum required DPoS points per mine will then be 1,000.
Q2. Is it possible to transfer DPoS points?
Although points currently cannot be transferred, we are considering implementing a points delegation feature in the upcoming days, enabling users to delegate their points to others fostering collaborative customization of DPoS points consumption strategies. By doing so, users would have the opportunity to collectively enhance their advantage in the game while simultaneously reducing Gas fees.
Q3. Can you limit the amount of points used each time?
We just had a new update for all DPoS miners; the minimum required DPoS points per mine will be 1,000.
Q4. How does the point conversion calculation reflect ethpi during the mining process?
Take a look at this story:
DPoS Mining & Burning Mechanism: Let's assume only two individuals, Alice and Bob, are participating in DPoS staking and mining. Alice stakes 100 DPoS points, while Bob stakes 400 DPoS points. The action of staking points requires Gas to be spent to record the points on the chain. In the next block, Alice will receive 100 inscriptions, and Bob will receive 400 inscriptions as a reward. The points staked by Alice and Bob only participate in the production of new inscriptions for the next block and do not contribute to the production of blocks beyond block+1.
Now, let's consider a scenario where there is no participant in DPoS inscription mining for 99 consecutive blocks. In the 100th block, David becomes the sole participant. In this case, David will receive the rewards for all the new inscriptions produced in the past five blocks, and the DPoS burning mechanism will burn the rewards from the previous 95 blocks. In other words, regardless of the accumulated rewards from previous blocks, in the next block, even if multiple participants are involved, they will receive rewards based on the weight of the DPoS points they have staked, with a maximum of 5 blocks' worth of rewards. Any remaining accumulated rewards will be burnt.
Q5. When will the difficulty of mining be increased?
Following the process outlined in the whitepaper, we plan to halve the mining rewards every two years.
We just had a new adjustment optimizing the PoW difficulty in the reward program: PoW difficulty weight decreases from 10 square “x” to 5 square “x”, narrowing the gap between high and low computational power and offering more opportunities for PoW low-power miners.
Visit the IERC 20 Medium to delve deeper into our platform and gain a comprehensive understanding of our offerings.
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