Payments come from people (or perhaps devices / AI agents) paying to upload new data.
Once the network is in use by lots of people for a variety of purposes, there will be a constant stream of new data uploads, and these payments are where the payments to nodes will come from. No new token creation necessary.
Over the years, the cost of storage tech falls & demand for new data storage increases, making older data cheaper to store. Data of a given age will shrink as a proportion of total network storage, which makes this model likely to be sustainable without being prohibitively expensive.
Your node does not just store records uploaded to it like some file server.
The records move home from node to node as more nodes join or leave. This is what churn is about. The record will always reside in the 5 closest nodes to its address. The effect of this is that each node in the network will end up holding around the same number of records each due to the random nature of the record’s address.
If you were paid for having a record uploaded to it then you do not lose that even if the record sometime in the future resides on other nodes.
This can’t be assumed. I’ve read are a number articles recently showing moores law is failing in PC and mobile hardware: GPUs, CPUs, Storage. the curve is flattening. Most new laptops often have weak CPUs and LESS storage capacity than 3 -5 years ago. Better screens and battery efficiency, maybe, but the rest is most definitely not getting cheaper. A laptop will cost more now than it did 5 years ago, and you’ll likely get significantly less improvment on previous models for your money. Its even worse for smartphones.
You don’t have to declare yourself ‘bust’ if you aren’t funded by real money. Crypto is the king of economic bubbles precisely because this unique property.
So I see little incentive to run a full node once you got paid to fill it. Shut it down and it is for new node users to take the burden (unpaid) because you already got paid for it. Doesn’t this lead to a kind of ponzi where the latest people to run a node on the network must host ever more (unpaid) data to make money? Except for emissions. Like a hot potato. What am I missing here?
You are missing out on the fact that your nodes never fill up, and this allows you to earn while the network is alive. When a new node joins the network, your node receives a message from the new node and transfers some of the data it is storing to the new node. This frees up space for your node to store new data, and the new node earns the right to store future new data.
What if I shut down my node (because its ALMOST full and I already got paid)? Then this is not happening. Nodes are paid to store data, not keep it forever. Its the immutable aspect I am concerned about here. Pump and dump seems probable as new nodes join to make money.,
I’m guessing you’re not a node runner, right?
I’ve got around 20k nodes humming along nicely — little metal pets I bought just for this — and they’ve been working nonstop for over 8 months.
Here’s the thing you’re missing: you fell for the fairy tale that this could all run on ordinary users’ laptops.
In theory — sure. In practice — if there’s money to be made, business shows up. And if a lot of money’s on the table, the big whales start circling.
Right now, more than 80% of the network is probably run by the mighty God Whale — and we know that because the wallets tell the tale. Those 80% get tokens and dump them faster than a crypto influencer deletes old tweets.
What I’m saying is: if the network really takes off, the big guys will keep billions of nodes online. Whether you flip yours on and off for a couple of shiny cents a month won’t even make a blip on the chart.
In this scenario, data space is infinite.
And the “apocalypse” you’re imagining — that’s probably what’ll happen to the dozens of wannabe copycats with their own magical tokenomics.
So don’t overthink it. The tech works. Just upload your data, enjoy the ride, and let’s keep the lights on until a serious player discovers us and catapults us into the big league.
I can see you take your cyber security seriously with those protective measures.
I think it does work fine on a laptop there will be ant to earn and if in 10 years the price goes the way we want. it will have been a great investment running 50 nodes on consumer grade hardware.
Also once uploads start flowing properly the node gods will lose node count rapidly as the 20k nodes a box will actually need to back up there nodes with hard drive space.
The assumption that in 30 years time, the cost of physical data storage per TB will not be significantly lower than it is today would seem a lot more unlikely than the assumption that cost will keep falling as tech improves as it has since the invention of physical data storage.
But, even if it didn’t, important data would still need to be stored, new data would still be created at an increasing rate, and Autonomi’s competition would be facing the same dynamics, so it wouldn’t necessarily be a threat.
That’s similar logic as saying Bitcoin miners should shut down once they’ve won a block reward.
Nodes shouldn’t fill up; they become responsible for an ever decreasing proportion of the network’s data as new nodes join. They can’t earn unless they store the data they’re responsible for. Shutting down and restarting nodes only delays the time to earning the next payment.
4.5T is spit in the ocean. Love it or hate it, the entire crypto economy exists because the entire world is lubed by fake money. The one company I referred to failed because it could not turn a profit despite the demand for its services.
Never applied to storage tech. SSD is far exceeding that law and overtaking magnetic media. Also new storage tech is not far away.
But Moores law did not apply to storage tech. Also once 3D chip manufacturing came in Moores “law” was dashed since it was for pure 2D chip manufacturing.
Nodes do not fill up. Each node will be approx the same %age full. Data is also moved about and distributed. You are working from false information on how nodes fill. They also shed records as churn happens.
You’ve used this logic before and I have tried to explain that this does not happen. The nodes are like tanks of water connected by water pipes and the level in each tank will end up about the same as more water is added. Also the level will drop as more nodes come on line and rise if the number reduces.
Dimitar, your farm is absolutely old-school, this photo should go into a Time Capsule! If I were giving tours of Sofia, the corridor outside your door would be one of the must-see sights.
That’s similar logic as saying Bitcoin miners should shut down once they’ve won a block reward.
But that is exactly what miners have done as it becomes more costly to to mine rewards over time. I think this is a different for autonomi in any case.
I guess I just didn’t understand it. Being paid emissions for millions of nodes that don’t actually have much storage to offer seems like a problem if storage demands ramp up. Emissions pays with little to offer. The autonomi website currently gives these stats. 102.99 PB is being offered? How is this verified?
Dave itself seems excellent but MetaMask on mobile is the most useless heap of shite that has ever appeared on my phone.
I am not a guy who gives up easily but after 4 attempts to get it to authorise 50 ANT into the “Smart Account” I just cannot be arsed anymore.
Can this not be made to work with desktop or are we all supposed to live on our bloody phones?
Try 1inch wallet https://1inch.com/wallet - you can import your MetaMask seed. But yes, an option to directly import a private key into Dave would be welcome.
