Ranking mechanism and Foundation index miner service

The Utility network introduces the ranking mech- anism to rate and rank the services provided by miners. The ranking mechanism is a mechanism to rank and display relevant results according to certain algorithms and rules in applications such as search engines and e-commerce. Its purpose is to improve the user experience so that users can find the desired information or goods more quickly [35, 36].

Ranking mechanisms typically consider a vari- ety of factors, such as keyword match, page quality, user behavior, social trust, etc., to determine the weight and ranking of each result. The specific algorithms and rules vary by application and can be based on the implementation of technologies such as machine learning, collaborative filtering, and rule engines.

The Foundation Index miner service [37] is an indexing service based on blockchain technol- ogy and is provided by the Foundation Index team. This service mainly provides indexing services for decentralized applications and helps developers to implement data queries and interactions more eas- ily. The indexing provided by this service includes contract-based events, on-chain data-based queries, etc., which can be used to support various appli- cation scenarios, such as decentralized exchanges, DeFi applications, etc.

In summary, the Ranking mechanism ensures the good service provided by miners and the user’s multi-way choice of their search, while the Founda- tion maintains the index of miner services provided so that users can choose the right miner accord- ing to their needs and trustworthiness. These two mechanisms aid to improve the quality of miners’ services and users’ user-friendly experience, and both parties promote healthy competition among miners within the Utility network, and further op- timize the overall performance and availability of the Utility network.