This will start playing 27 minutes in.
He talks about Metcalfe’s Law Metcalfe's law - Wikipedia and how there needs to be a continued adoption of trust. How far can this adoption go? He said humans are narrative driven creatures.
Raoul discusses how bitcoin and gold have the savior embedded within. They are money itself. That things like Tesla also have the God philosophy embedded within which is that this technology is going to change the world. It’s a narrative about a future change that will make things better. People see investing in Tesla or buying one as a way of making a positive change in the future.
BTC has the narrative that it is the one god that can save those who’ve been left behind by wage inflation. That it can allow you to accumulate wealth which most have been left out of. He goes on. This is a pretty good talk. He speaks on these points for 10 min or so.
We need to start building the narrative for Safe Network. We need to make it clear why investing in, building on Safe Network is a way of making positive change in the future. That it is a chance of accumulating wealth. We need to build a ramp of Trust that grows with the network.
This is a 100% correct approach and for this reason now that I have finished with the international sites I plan to build targeted sites that we can advertise on Facebook, Twitter. The targeted sites will be of the type - Green site explaining how Safe saves the planet by eliminating the need for huge data centers and blockchains that waste energy; Free site explaining how Safe defends freedom of speech, etc.
Spot on! Some feelings or perceptions tied to say Tesla or Bitcoin are innovation, status symbol, technological advancement, disruptive, one of a kind. I see some companies that focus on quality standards, design, and consistency like apple, Tesla, dyson become somewhat of status symbols. Unfortunately not everyone can afford these things and the Safe Network will be free so is that any kind of blocker to fitting into the club?? I think that being innovative, improving experience by solving problems/making things easier, and having great design (engineering and user interfaces) that Maidsafe could be that next company.
I am taking a little bit different track there I think and just kind of rambling off but really like that idea @Knosis. I’ll have to check out that stream tomorrow.
Some of the differentiations and or tag lines used in the past. “The impossible network, autonomous internet, privacy/security/freedom.” Do you believe these are essential or at least helpful in building that narrative? Would love to hear more thoughts on this.
This copywriting software will write your sales letters, email autoresponder’s, ads and webinar scripts for you. Get a full walk-through of the best copy software for 2020.
Absolutely. This has been on my mind over the past few years, and I’ve been thinking about it a lot lately. There’s much we can learn from best practices around building cult-like brand followings.
I think these are great places to start. It would be helpful to have a discrete set of brand descriptors regarding Safe’s features, qualities, benefits, use cases, etc. I’m going to put some thought into what a brand platform could look like (as soon as I can squeeze in the time, haha).
Filecoin currently has about 2 EiB worth of storage available (source).
What would a Safe Network with 2 EiB look like?
Let’s say nodes are 50 GiB on average (number pulled from nowhere).
That would mean we’d need 42,949,672 nodes to reach 2 EiB.
Let’s say there’s 150 nodes per section, that gives 286,331 sections.
If the network is perfectly balanced, that means a prefix length of 18 bits for each section. 18 hops maximum when fetching and storing.
New nodes joining the network would need to download 50 GiB of data. Let’s say they’re all on connections with 100 Mbps download speed and 50 Mbps upload speed (taken from speedtest.net/global-index fixed broadband, which is up:down 92:49).
It takes 1h11m to download 50 GiB at 100 Mbps.
Let’s say the first node joins, then two more join from it, then four more from those, each time doubling the number of nodes that are joining. Probably a bit too ideal but let’s see where it goes. This means each node splits their 50 Mbps upload into 2 x 25 Mbps uploads for the 2 new nodes.
It takes 4h46m to transfer 50 GiB at 25 Mbps.
We end up being net positive after 17 doublings of nodes (we’d have 43,046,721 nodes and need only 42,949,672). If each node takes 4h46m to join, that’s 81h total to reach 2 EiB storage (~4 days).
In reality it won’t be at all so streamlined, and 2 EiB of client data is very different to having 2 EiB of spare space available.
But I was surprised how quickly 2 EiB can potentially accumulate from the exponential growth of 50 GiB nodes under ideal circumstances.
Id guess in all likelyhood nodes will be in the TB, that isn’t great, less nodes needed , but still capped by bandwidth, so would no doubt take much longer to reach 2EiB if you leave the up and down speeds as you applied them.
Imo, a 500GB to 1TB average node size is more realistic. Even 4TB has a low barrier for entry now. About the same as 1month of bandwidth from a home internet connection.
It’s interesting because all the ability to grow comes due to parallelism, so almost all the growth happens in the last two or three iterations of network growth.
The key to getting a large network is always more nodes, not bigger nodes.
The numbers for this are pretty eye-opening (from the spreadsheet):
Node Size (GiB)
Iterations to 2 EiB
Time to 2 EiB (h)
1
21
2
10
19
18.1
50
17
81.1
100
17
162.3
500
15
715.8
1000
15
1431.7
2000
14
2672.4
5000
13
6203.8
10000
13
12407.7
Onboarding large nodes takes longer so it also takes longer to get to that juicy late stage exponential growth.
Very small nodes mean the network can get the exponential growth cranked up much faster.
I should put a caveat here that the model assumes constant focused growth, when in reality the network will have other demands, has client bandwidth demands as well as node joining, will have varying node speeds, and lots of other factors that make the growth rate not perfectly exponential.
This has really made me reconsider the value of having a fixed target node size. Rather than have elders target 50% full nodes, they could target 50% nodes above/below X GiB (which is really easy to do since they track the chunks for each node anyhow). The average node size has a huge implication on the overall network growth rate.
And I have also come to appreciate how important it is to have a large network for security. More sections means more opportunities for a diverse range of node operators to join. When the network is small it’s harder to join and we have to queue nodes up, which becomes a risk since the smaller operators are probably less inclined to queue, and can also be drowned out of the queue by bigger operators.
Relatively smaller node sizes helps increase parallelism and reduces bottlenecks. Elders can only track a certain amount of churn, so the longer any one churn activity takes the more it blocks other churn from happening. The longer it takes the current node to join the longer it takes before the next two can join after it (the numbers are specific to the model but the idea applies in general).
This is a nice set of stats! The two most common buckets are:
22.83% of users have between 100-249 GB spare space
23.46% of users have between 250-499 GB spare space
50 GiB would be between 10%-50% of spare space for these users. 50 GiB sounds like a reasonable amount in those circumstances.
I have always considered that the desired node storage size would be related to the size of the network (in nodes). Initially thought 2GB for pre-live networks growing to around 8GB when going live and growing from there. While these were figures plucked from thin air, they were molded from experience. Like 2GB is great for small SBCs with 8GB onboard storage, then the SBC can add a USB memory stick for a couple of vaults of at least 8GB.
But I would consider that people will run up multiple nodes dividing their storage space between them. This I would say yes to
Very small nodes mean the network can get the exponential growth cranked up much faster.
My thought is that smaller node storage size will mean early on the growth will be faster than binary growth (2, 4, 8, 16, etc). I can see some people running up 2 to 5 nodes on each device they use. Using the 100 to 500GB of free storage for nearly 50% of users
If you are going to run 24/7 with 20TB NAS, than the only option is to have many nodes on a same machine. I am not sure how many nodes you can run on some low cost NAS with small RAM and inefficient CPU.
If there will be another option to run on network XYZ with one easy set up and better requirements to join why to bother with Safe Network?
It would be interesting to compare the economics of different strategies for different jurisdictions.
I think we could get a baseline figure using cloud services, and then compare different locations and strategies with that. It will be interesting to have figures for what we expect for commercially minded (profit paramount) farmers and regular users who may be happy just to earn storage credits.
I think it is not so much about being driven by the profit or earning storage credits, but what is the minimum reward that will direct human behaviour in a way that they will setup a node and keep it online. And what are the vectors against setting up a node and keeping it online?
If I would not be one of the people in this for ideological reasons, I would need maybe something like 5 - 10€ / month at minimum to think it is worthwile. Why 2€ is not enough? Well, it is just annoying to have a machine on all the time. And I bet after a month or three, I would need to spend an hour updating something in there: the node itself, or OS or whatever.
If I could operate a node from my phone, I think I would have a small node without worrying too much if it is always connected or not. I would put mild effort to keep in connected, in order to earn for paying my uploads, but if it drops, I would not worry too much. Just live a normal life with my phone. If reconnecting disturbs this normal life too much, for example if it jams the normal function of my phone, I would not do it. In that case I might just buy SNT. The price of it is expected to go up, and the little I buy now would go a long way, maybe rest of my life. No need to bother with node.
My point is, that even though there is excess disk space available, there is no free work from humans. And in this context I define anything that disturbs the habitual “no thought required” -way of living as work. People are not going to keep doing that for pennies.
Of course, when the price is going up, the pennies earned by keeping a node online, keeps growing too. But still the nuisance for 2€ / month (at any current month), is very little compared to just buying that amount from an exchange. As @happybeing said, this threshold is of course very different in different areas of the World. We may see a lot of elders in areas, where connectivity is good enough, and average income not so high.
Meme Wars] 