Full Pay-Per-Share (FPPS) Definition - Glossary

FPPS is a mining reward system combining block rewards and transaction fees for consistent miner payouts.

Full Pay-Per-Share (FPPS) is a mining reward method that offers miners consistent and predictable earnings. It combines the traditional Pay-Per-Share (PPS) model with an additional payout for transaction fees included in mined blocks. Miners receive a fixed reward for each valid share they submit, based on the network's expected block reward and transaction fees over time. This method reduces payout variance and provides a stable income stream. FPPS is particularly beneficial in volatile markets, ensuring miners are compensated fairly regardless of short-term fluctuations in block generation or transaction fee levels.