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The Cardano ecosystem could benefit from this new movement of the Cardano Foundation.
In Cardano’s proof-of-stake (PoS) protocol, Ouroboros, delegates, and stake pool operators (SPOs) are rewarded for helping to secure the network.
One of the unique features of the Cardano blockchain is that staked ADA remains in users’ wallets, allowing transfers to other wallets at any time.
While this functionality has advantages, it also poses difficulties when implementing reward calculations. This requires the use of snapshots for reward calculation, according to the ledger specification.
The calculation of new reservations, commissions, total rewards pot and Treasury starts the procedure. The group rewards are then calculated based on the total reward pool. Pool rewards are used to calculate rewards for staking pool delegates and operators.
The code is executed using a slot-based scheduler, which can be difficult to read and understand for people unfamiliar with the source code. While several optimizations have been implemented to improve calculation performance, these optimizations can make the code more difficult to understand.
Cardano Foundation publishes open source reward calculation
With this in mind and as part of efforts towards operational resilience of the network, the Cardano Foundation says it has opened a node-independent reward calculation.
The goal of the project is to develop a method for performing and validating reward calculations that is not dependent on a particular implementation. It also intends to provide detailed documentation on the Cardano pool treasury, reserves, and rewards.
As an open source repository under the MIT license, the effort strengthens the foundation’s commitment to open source maturity and seeks contributions from the broader ecosystem.
Finally, the calculus can be used as a teaching tool, thereby increasing transparency and operational resilience.
