[Specification] The Dynamic Miner-DAO: Hash-Weighted Distribution & Open Market Maintenance

The Distribution: Last x Blocks Hashrate Reflection

The Miner-DAO does not use “tokens” in the traditional sense. Instead, its internal governance and reward distribution are calculated via a Rolling Hashrate Window.

• The Lookback: The DAO treasury and voting power are recalibrated every x blocks (e.g., 50,000 blocks).
• The Proof: Utilizing logtrees (log N) or simple Merkle Inclusion Proofs of block headers, miners prove their contribution to the chain over that window.
• The Result: If “Mining Pool A” produced 30% of the blocks in the last window, they automatically hold 30% of the Miner-DAO’s decision-making power and receive 30% of the diverted BASEFEE or maintenance rewards. This is Pure Meritocracy, the moment you stop mining, your power decays.

The Financing Model: Maintenance as an Open Market

To avoid a “Closed Club” of maintainers, the Governance and Maintenance DAO functions as an Open Market for Bounties:

• The Miner Funding: The 5% forwarded from the L1 isn’t just “given” away. It sits in a Maintenance Treasury.
• Open Market Dynamic: Developers or “Industrial Orgs” (via their Safe{Wallet}) post bids for network upgrades or B2B templates.
• The Miner Vote: Miners (weighted by their hashrate distribution) vote to release these funds. This creates a Nash Equilibrium: Miners want the network to be more useful (increasing ETC value), so they fund the most efficient maintainers.

Coupling: The “Hashrate-to-Equity” Bridge

To better couple the Miner-DAO with the long-term success of the Sovereign Industrial Rail, we introduce Equity Streaming:

• Miner Equity (2.5%):
  The resulting industrial DAOs (the ones using the B2B templates) stream a percentage of their revenue back to a Miner-DAO Vault.
• The Open Market Exit:
  This vault is open to anyone. A miner can “burn” their accumulated hashrate-credits in the Miner-DAO to claim their share of the equity streaming. This turns hashrate into a Yield-Bearing Asset that is more than just block rewards, it is a stake in the global industrial economy.

Summary