Introduction

Blocknet is a self-funded and community-governed project. Decentralization defines the template for group decision-making and is self-managed through a 2-part governing system consisting of Service Nodes and Superblocks. There is also additional funding aside from the Superblock, which is explained under Community Funds.


Superblock

Superblocks are special blocks that occur every 43,200 blocks, or approximately once each month. On each Superblock, up to a maximum of 40,000 BLOCK can be minted to fund the project. It's important to note that only the total amount of BLOCK requested by passing proposals will be minted, so if no proposals pass then no BLOCK will be minted in the Superblock.

To request funding from a Superblock, a proposal must be submitted to the network prior to the Superblock. Service Node operators then have the opportunity to review these proposals and vote on each proposal with either a ‘yes’ or ‘no’ to approve or decline funding.


Passing Criteria

For a proposal to pass and receive funding:

  • 25% of all Service Nodes operating in this Superblock is the minumum number of votes that must have been cast on the proposal (for or against)
  • 60% of votes must be "yes" (in favor)
  • At this point all valid proposals are prioritized according to these requirements:
    1. Descending order by the sum of yes votes minus no votes
    2. Descending order by amount of yes votes
    3. Sequential order by block height the proposal is submitted (earlier blocks are first)
  • The Superblock is then filled by as many valid proposals as possible according to the priority defined by (a), (b), and (c)
  • If there are not enough funds remaining in the Superblock for a proposal to fit, it is skipped (not paid out), and the next proposal in the priority list is checked for qualification

Superblock Value Calculator

BLOCK dollar value: $

Superblock value: $0

Superblock Voting Deadline

Voting for proposals ends 60 blocks prior the Superblock.

Est. current Block Height:

Block Height at next Superblock:

Block Height at next SB voting deadline:

Est. date of next SB voting deadline:

Est. time till next SB voting deadline: days, hours, and minutes

Future Superblock Dates

Superblock Estimated Date (MM/DD/YYYY)
2030400 6/22/2021
2073600 7/22/2021
2116800 8/21/2021
2160000 9/20/2021
2203200 10/20/2021
2246400 11/19/2021
2289600 12/19/2021
2332800 1/19/2022
2376000 2/18/2022
View more Superblock dates (March 20, 2022 - May 7, 2031)
Superblock Estimated Date (MM/DD/YYYY)
2419200 3/20/2022
2462400 4/19/2022
2505600 5/19/2022
2548800 6/18/2022
2592000 7/18/2022
2635200 8/17/2022
2678400 9/16/2022
2721600 10/16/2022
2764800 11/15/2022
2808000 12/15/2022
2851200 1/14/2023
2894400 2/13/2023
2937600 3/15/2023
2980800 4/14/2023
3024000 5/14/2023
3067200 6/13/2023
3110400 7/13/2023
3153600 8/12/2023
3196800 9/12/2023
3240000 10/12/2023
3283200 11/11/2023
3326400 12/11/2023
3369600 1/10/2024
3412800 2/9/2024
3456000 3/10/2024
3499200 4/9/2024
3542400 5/9/2024
3585600 6/8/2024
3628800 7/8/2024
3672000 8/7/2024
3715200 9/6/2024
3758400 10/6/2024
3801600 11/5/2024
3844800 12/5/2024
3888000 1/4/2025
3931200 2/3/2025
3974400 3/5/2025
4017600 4/5/2025
4060800 5/5/2025
4104000 6/4/2025
4147200 7/4/2025
4190400 8/3/2025
4233600 9/2/2025
4276800 10/2/2025
4320000 11/1/2025
4363200 12/1/2025
4406400 12/31/2025
4449600 1/30/2026
4492800 3/1/2026
4536000 3/31/2026
4579200 4/30/2026
4622400 5/30/2026
4665600 6/29/2026
4708800 7/29/2026
4752000 8/28/2026
4795200 9/27/2026
4838400 10/27/2026
4881600 11/27/2026
4924800 12/27/2026
4968000 1/26/2027
5011200 2/25/2027
5054400 3/27/2027
5097600 4/26/2027
5140800 5/26/2027
5184000 6/25/2027
5227200 7/25/2027
5270400 8/24/2027
5313600 9/23/2027
5356800 10/23/2027
5400000 11/22/2027
5443200 12/22/2027
5486400 1/21/2028
5529600 2/20/2028
5572800 3/21/2028
5616000 4/20/2028
5659200 5/20/2028
5702400 6/19/2028
5745600 7/20/2028
5788800 8/19/2028
5832000 9/18/2028
5875200 10/18/2028
5918400 11/17/2028
5961600 12/17/2028
6004800 1/16/2029
6048000 2/15/2029
6091200 3/17/2029
6134400 4/16/2029
6177600 5/16/2029
6220800 6/15/2029
6264000 7/15/2029
6307200 8/14/2029
6350400 9/13/2029
6393600 10/13/2029
6436800 11/12/2029
6480000 12/12/2029
6523200 1/11/2030
6566400 2/11/2030
6609600 3/13/2030
6652800 4/12/2030
6696000 5/12/2030
6739200 6/11/2030
6782400 7/11/2030
6825600 8/10/2030
6868800 9/9/2030
6912000 10/9/2030
6955200 11/8/2030
6998400 12/8/2030
7041600 1/7/2031
7084800 2/6/2031
7128000 3/8/2031
7171200 4/7/2031
7214400 5/7/2031
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