1.5M Tokens Allocated for Node Operations from Oct 29 to Dec 10!

as of now it is a rather boring game :smiley:

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Looks like the github has a new release available. I tried to use the node-launchpad node updater, but it freezes when I try to do it that way.

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Yea, it won’t be all there until announcement time

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It is important to note here that MaidSafe does not have the resource to do KYC and this is most likely the biggest factor in the chosen reward scheme.

We tested the reward scheme in which everyone gets what they earned as a percentage, and there was nothing left for the little people.

Yes, in the new old scheme, multi-accounting is encouraged, but this also gives the small hogs a chance to get their hands on something.

I highly doubt the big players who can capture 90% of all slots will do it because it’s a lot of work. It is assumed that everyone at this stage has a bag big enough not to put in so much effort. That’s my feeling…


Check out the Dev Forum

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Literally nothing? Or just very little?

Yeah, maybe not. But anyway the reward structure does not encourage to aim for any spesific one position, if you can catch more from below that one.

For example, if you can run 2500 nodes, it might make sense to aim to grab all the positions from 4000 - 6500 with running just one node per address. The amount of tokens you would get is:

1000 x 80 ANT= 80 000 ANT
1000 x 60 ANT= 60 000 ANT
500 x 30 ANT= 15 000 ANT

SUM 155 000 ANT

Now seeing that the single top position is 10860 ANT, it makes no sense to aim for that. It is much more profitable to get as many positions at the tail end as possible. Of course this is theoretical, and a single node per address might be too low a bet to get anything. This is just an extreme example to clear the picture. I would be happy if someone with better math skills would give this a more nuanced look.

This is why I think that all the 6500 positions will be filled, and to get even to the last position, you would need more resources than a home user can provide. Especially when the underlying tech favors datacenters.

Gaming the system of course depends on if the weekly leaderboards are public. My impression is that they are.

Also this:

Assumes there is no new people coming in.

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Still the bigger question is this:

What happens when all these scaffoldings that favor big players in datacenters are taken away, and the network has to survive just so when each node operator get just that what their nodes earn? I am afraid that it collapses then.

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The best optimal strategy is to have a different address for each node, so you can get lots of different spaces on the leaderboard.

The way people got paid before, a fixed reward per atto, is the only way to do it. You give to the network, you get back from the network.

If this system isn’t working because the rewards are too small for the small contributors, the only solution is to optimize the network over time, so more rewards per atto are possible. Some people who can’t contribute enough at the bottom won’t participate.

We can’t let people freeload off the network for just token participation.

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Just to make sure, is it allowed to use multiple addresses, I think I heard @JimCollinson say they don’t care if people use more than 1 address but don’t remember where I heard it or read it.

When he was asked in events, it was like a minor surprise and then a case of recognising people can and maybe will do it and was like if they want to do it then fine

But you could tell the thinking was launchpad and one addresses set in launchpad

I would put a plea though for those with hundreds to thousands of nodes that they do very much limit the number of addresses used (ideally 1) so that others get a decent share of the rewards. Using multiple addresses does drop the rewards small players get for the efforts they put in to get their lesser resources to work and at least connect.

The table of points does still benefit bigger players over smaller players if they stick to one address. Maybe its time not to spend heaps of money to overwhelm the smaller players.

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There are multiple parallel ways to reward effort, beyond just running nodes, that is what needs to be developed imo, ie- training people as mentioned above is one way to reward those training, tracking such training with referral codes…, loading up useful public content is another, , and soon putting up a website, etc…, manning the discord help, bug reporting, can be tracked too, and rewards… lots of possibilities…

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Sad to see that after months of community feed back, over rewards on discord being gamed with multiple id’s and bios towards larger operators, here we are again with a rewards scheme that can be gamed by running multiple erc-20 wallet addresses by the large operators - it sends a very clear message.

What about the core home users Windows, small node count are being bumped out and concerns not listened to - how have we gone from a network for everyone 12 months ago, to this where it’s hard to run a single node on Rpi…

Will wait for the Api’s to be fully released… Maybe I can contribute something more useful then my posts…

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New release is much lighter on resources get your pi fired up :slight_smile:

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And who is to guarantee that. the the rules may change to have kyc like the in beta ?

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No guarantee, you are right naturally as per Terms - Lets see where we end up after TGE :wink:

Changes and Termination : We reserve the right to modify, suspend, or terminate the Program or your participation in it at any time and for any reason

Pleased BegBlag.mp3 is back online :+1: will have to see if I can get some files online now, hopefully quoting is fixed.

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This is my biggest concern with the plan; that people with tiny nodes may earn nothing at all, e.g. if 6500 addresses have an average of 3 or more nodes running, then anyone running 2 or fewer nodes on a machine will likely get zero reward.

A tweak could be to leave things as they are, but add a pool for any addresses below place 6500 to share proportionately.

It won’t be an issue if under 6500 addresses participate, but adding a smaller pool for the minnows to share if needed would seem good to me, to ensure everyone is rewarded.

The quantity of the ‘minnow pool’ could be announced later to ensure the reward per address is equal to or lower than the reward for spot 6500, but the intent could be announced earlier so people know they will be rewarded if they earn.

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I really don’t get the point to be honest, I think home nodes are in much better shape now than before. CPU usage is much better, and my home nodes can run 15 nodes without a problem. Even slower internet users should be able to run 3 nodes.

At the same time, the whitepaper is coming out soon addressing ways to earn. Let’s wait and see before we start debating about the rewards.

currently there are 925 addresses participating in the beta (6000 getting rewards?!) The beta is setup to earn points each week and have a leaderboard at the end. Literally everyone is earning points at the moment and getting an advantage on everyone starting weeks later.

Let’s be realistic, everyone that wants to set up multiple addresses has probably done so by now.

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That being the case it seems unlikely that 6500 will be reached. (Edit: addresses are growing rapidly; 2487 2 days later! People may be responding to the incentives.) At least it’ll be quite easy to address fairly with a pool if it ends up with 20k addresses with loads of small operators excluded from rewards.

But if there are like 5000 empty slots in the leaderboard before the last week, there is going to be about 600 000 MAID allocated to no one. With the current price it’s worth about 200 000€, up for grabs with any earnings, maybe just one node per address. I don’t know the particularities of the calculations needed, but Setting up 5000 nodes for a week cannot cost very much versus the reward?

And maybe the deal would be pretty good even with more nodes per address? Good enough to get a real competition and possibly leaving home nodes behind?

How about just limiting it to one address per IP? Not perfect, but maybe good enough a solution?

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There won’t be empty slots - and we’ll see how effective (in terms of new people entering the space and joining us) the Web summit presence of maidsafe turns out to be =)

What precisely is the issue we’re currently solving?

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  1. Mainly the unclarity if it is officially OK to participate with more than one address. It certainly is technically possible.
  2. The presentation on this site anyway says it is per person. Is that misleading or not?

If people now participate with more than one address, are they going to be punished later? If they participate with just one, are they maybe choosing a bad strategy?