Each quantum computing job on the Dynex network is immutably being stored on-chain, including users’ demonstrated ethical principles and computational motivations. The latter two requirements represent significant strides in establishing Dynex’s Ethic-Tech framework, positioning Dynex as an industry-leader in taking proactive measures to promote the ethical use of its world-shaping technology.
Transparent Job Recording
Every quantum computing job is immutably recorded on the Dynex blockchain, generating a transaction that confirms full job transparency and made available in the Dynex Block Explorer.
Transaction Fees (TX-Fees)
Each quantum computing job initiates a transaction on the Dynex blockchain, resulting in a transaction fee. These transaction fees are incorporated into the block rewards, which are distributed to miners for successfully mining new blocks. Each transaction fee distribution is visible on the Dynex BlockExplorer for full transparency
Gas Fees
Each job will generate a gas fee of the equivalent of USD 0.02 in DNX per job, paid by Dynex developers and commercial users and shared directly with token holders in DHIP 2.0. This enhances value return and supports overall economic stability. Each gas fee distribution is visible on the Dynex BlockExplorer for full transparency.
Miners’ Role in Dynex’s Ecosystem
Miners play a crucial role in Dynex’s ecosystem by ensuring the blockchain integrity and providing proof-of-useful-work. Each computing job is transparently recorded on the blockchain, upholding ethical integrity and accountability. This approach rewards miners through transaction fees linked to the sustained growth of compute jobs and the overall ecosystem. Increased compute activity directly contributes to higher transaction volume and fees, enhancing miner rewards and supporting sustained miner engagement. The existing quarterly block rewards, currently 1.4 million DNX, will continue, linking miner incentives to the system’s overall activity and growth.
Holder's Role in Dynex's Ecosystem
Participation in DHIP 2.0 is entirely optional. DNX holders can enroll at their discretion, aligning with Dynex’s philosophy of decentralized engagement. This voluntary approach ensures that only committed participants benefit from the program’s rewards. The minimum amount required to participate in the DHIP 2.0 is 500 DNX. In its current form, DHIP 2.0 is structured as a smart-contract, which was audited by Halborn. To participate, DNX can simply be bridged to 0xDNX and sent to the DHIP 2.0 contract address. An option to support native DNX is planned in the future for fully non-privacy wallets. Exchange wallets will be excluded.
Dynex Quantum Node Operators Role in Dynex's Ecosystem
Dynex Quantum Nodes are a foundational element of Dynex's economic model, facilitating scalable quantum computations by utilizing decentralized hardware resources. Each quantum node is required to hold a collateral of 10,000 DNX for as long as it remains operational. This collateral requirement embeds DNX within Dynex’s core infrastructure, incentivizing long-term holding and supporting the stability of the token’s value by reducing circulating supply. Each quantum node requires the installation of Dynex’s proprietary software, which includes the provision of a comprehensive dashboard to manage and monitor its operation as part of the package.
