The name earns itself in Phase 2:
SWATCH will read existing ecosystem burns (SC IPO, dust filter, Ecosystem-driven) and adjust its own burning accordingly, keeping the emission schedule on target.
Watch the supply. Balance the burn.
SWATCH — one piece of qubic-network:native burn mechanism.
Approved by quorum as the "Emission SC / Supply Watcher": responsible for burning QU per Qubic's emission schedule.
Infrastructure SC. Anyone can send QU to it — it burns them.
Full mechanism: docs.qubic.org/learn/emission…
EP227 begun today. What "the halving" actually is at the code level:
One entry in GQMPROP's revenueDonation table, voted in by quorum:
destination = SWATCH
millionthAmount = 775000 (77.5%)
firstEpoch = 227
That's the whole change. Here's how it burns ↓
If half of this is unfamiliar terminology — fair. It's dense.
SWATCH, GQMPROP, the routing table — each gets its own mechanism post. Follow @QubicDev to catch them.
"Halving" isn't one moment. It's spread across epochs:
→ EP226: UPoW scores accrue per pubkey (via mining)
→ End of EP226: top 676 become computors for EP227
→ EP227: those computors validate + run consensus
→ End of EP227: revenue by performance — more of it burned
Full technical explanation + decision framework:
📖 docs.qubic.org/computors/upgr…
Why some Wednesdays the epoch flips without you noticing, and others need a hard restart — with the actual code patterns behind it.
💻Nerd must read: github.com/qubic/core/blo…
Seamless is possible on two paths:
A. Change doesn't touch consensus — tooling, RPC, logging. Nodes update whenever.
B. Change IS consensus-touching but gate-guarded:
if (system.epoch >= 103) new();
if (system.tick >= N) new();
All nodes flip together.
Every Wednesday at 12:00 UTC, @_Qubic_ 's epoch rolls over.
Seamless: tick N ends the old epoch, tick N+1 starts the new. No gap.
Coordinated restart: a tick-number gap while nodes re-sync.
The mode isn't operator choice. It's dictated by what the network agrees on every tick ↓
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