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PASSION
The Bill Dapp Story
When Bill Dapp launched, developed by Luke’s team at Plug with Shill leading the front-end, it introduced a true proof-of-work mechanism to the ecosystem. Bill stands apart from projects like Bob, which operates more like a glorified lottery. Bill’s model is a true proof-of-work system where users burn ICRC1 tokens to earn new ICRC1 tokens.
This creates a sustainable, innovative economy, driving the ecosystem toward a more dynamic and engaging future. The launch created massive excitement, with users spawning miners at an overwhelming rate. This unprecedented activity caused the subnet to crash repeatedly—at its worst, every 30 minutes. Blocks spun out erratically, and the proof-of-work system couldn’t operate as intended.
Initial Challenges
The frequent subnet crashes created a massive issue. Many miners got stuck in queues due to congestion, with some users pressing the spawn button multiple times, leading to additional delays. The development team worked tirelessly to resolve these issues, implementing multi-subnet integration to stabilize the network. Once the fix was in place, miners were migrated to a new system, which took several days. This transition allowed the proof-of-work mechanism to run smoothly at full speed.
Unfortunately, with the system running optimally, a new challenge emerged: miners were burning cycles at an extremely high rate. Users were unable to track or adjust their burn speeds effectively, leading to rapid depletion of resources. Despite this, the proof-of-work model demonstrated its potential as a groundbreaking mechanism.
Fixes and Updates
Burn Rate Adjustment:
The burn rate is being reduced to 0–5 trillion cycles per day.
Users will now have the ability to adjust their miner speeds within this range, providing more control over their participation and a gamified experience.
As the network grows and stabilizes, the team will scale miner speeds and burn rates based on network activity and miner counts.
Queued Miners and Claims:
Some miners were stuck in queues due to the congestion at launch. Rest assured, everything is on-chain, so no miners are lost—the only value lost is that burned though the cycle burn function.
The team is migrating all miners to the new system, and a process will be introduced for users to submit claims for stuck miners or other issues.
Scaling:
A dynamic, gamified approach (allowing users to adjust miners) is being implemented to enhance the user experience, allowing participants to strategize while supporting the network’s scalability.