Platform Epoch 0 closed 09-05-2024

Dash Platform has launched and now it's first epoch has been closed. Epoch 0 is special, it starts at the fork time, not when the chain produces the first block. Let's look back at some info from this historic first epoch for the Dash Platform chain.

Epoch 0:

• start height (platform chain): 1
• start height (core chain): 2132092
• start time: 1724795532000
• free multiplier: 1000

Some other background about Epochs. On the platform chain an epoch is defined by exactly 219 hours, which equates to 9.125 days and we expect 40 epochs a year. During each epoch evonodes are responsible for producing blocks and keeping track of identities, data contracts, and documents. With Dash Platform being able to host these things on chain there is also storage costs associated which evonodes charge platform users these fees are calculated during each epoch. There is also now something called an Era. An Era is equivalent to 40 epochs. Funds that are locked in platform are used to pay evonodes at the end of each epoch.

Seven Major things happen during epoch close

1. Epoch Change Detection
2. Fee Distribution
3. Epoch Initialization
4. Refunds Handling
5. Storage Fee Accounting
6. Block Proposer Rewards
7. Epoch Verification

https://mnowatch.org/evonodes/

@coingun