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Morning all! https://twitter.com/BenJorgensen/status/1491799424053362688?s=20&t=_1NON3G1dp5Rw2LzQHHgGw

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Allow me an off topic question if you dont mind please...😅 if you would give an advice to a 16yo boy, what would you suggest he study to have a carreer on blockchain and maybe build something on DAG ecosystem?

Benjamin-Jorgensen Автор вопроса
aM8 888
Allow me an off topic question if you dont mind pl...

As a 16 year old. learn to code. Understand DeFi. Become an entrepreneur in blockchain. Build on DAG.

Thank you very much.. I will talk to my son... and I am considering to do the same since I love to learn, I am not that old 😅 and DAG makes me very excited about the future! Pleade consider to launch a DAG academy in the near future...

Benjamin-Jorgensen Автор вопроса
aM8 888
Thank you very much.. I will talk to my son... and...

Absolutely. I bought my sister's kids coding school in perpetuity. They are only 6 and 3. Hahah. Start them early. 16 isn't too late at all.

The rewards for 500 deployed DTM is too high compared to a DAG softnode or even a full node i think. 1 DTM that only costs $5k earns 10k DAG monthly (480% APR in terms of $ at $0.20 per DAG). While a softnode that costs $50k only earns 3k DAG (15% APR). Even if rewards for full node is 2x of a softnode, the rewards for deploying a DTM is still higher. Isnt that a little bit unfair? Thanks

Not unfair. Everyone is free to weigh the pros and cons and make an educated decision

usong725
The rewards for 500 deployed DTM is too high compa...

Check out this message it might help you understand better. It’s really a good one. https://t.me/ConstellationTrader/337116

Poor Richard 🇺🇸 will NEVER DM first
Not unfair. Everyone is free to weigh the pros and...

A DTM that is considered a light node earning 480% APR compared to a full node that only earns 30% APR does not make sense to me. Much better to sell my softnode for 10 DTM then 😂✌️

usong725
A DTM that is considered a light node earning 480%...

A 250k node has an instrinsic value. DTM by itself doesn't have instrinsic value. The new $DATA token will take some time to be adopted. In the interim, they gave DTM miner some rewards to incentivise adoption. Very courteous thing to do.

usong725
A DTM that is considered a light node earning 480%...

You dtm will earn you rewards but miner is unlikely to increase at the same rates a a node. A node increases in value with time and earns rewards. Buying both makes sense to me. But long term I’m hodl to our nodes

HGTP://Sirius🌏🦘🇦🇺👷‍♀️👩‍💻 Gal
You dtm will earn you rewards but miner is unlikel...

My thinking is that even if the value of the miner doesnt increase overtime, it will still be more profitable because of the insanely high base rewards. Plus the bounties. Im just doing some math: a.) 1 node = 250k dag @ $0.20 => $50k initial cost Assuming 30% APR rewards for full node = 75k DAG 250K (collateral) + 75K (rewards) = 325k DAG after 1 yr @ $5 per DAG => $1.625M value b.) $50k seed money / $5k per DTM => 10 DTM units At 500 deployed DTM, monthly rewards is 10K DAG per node 10K DAG x 10 DTM = 100K DAG x 12 months = 1.2M DAG after 1 year @ $5 per DAG => $6M profit At 1K deployed DTM, 5K DAG x 10 DTM x 12 months = 600K DAG @ $5 per DAG => $3M profit At 2K deployed DTM, 2.5K DAG x 10 DTM x 12 months = 300K DAG @ $5 per DAG => $1.5M profit Is my math correct sir? And based on other member's checking, there were only less than 200 DTM units that were paid on lattice. Adding the sale on coinbase, i guess there will be around 500 total units that will be sold overall before the units are shipped eoy

usong725
My thinking is that even if the value of the miner...

The maths works but I would plan for a case where there are 10’s of thousands of devices. Also the indication was the rewards while waiting would be at a reduced level. Short term it is very likely still great and if you are confident the DTM rewards off 10 miners would gift you your node back via rewards possibly a good play. Personally I think by the time the DTM’s are shipping, businesses would be on the order books as well and the reward rate will be much lower. For datasets to be really valuable you need to have a large range of datapoints or you get bias’s that distort the analytics. So for DTM’s to attract more data buyers they would want to have millions of devices deployed, and the value will come from bounties. It’s a big risk to flip a node for DTM’s. Personally not one I would take of I had a node. Instead use Node rewards to fund DTM’s protect capital and build from a solid base is how I would do it. But everyone is different.

I don't see anywhere stated that the 5M pool for DTM miners is recurring monthly. From all indications, 5M is total reserved. So if you have 200 miners sold, would that actually calculate to 25K MAX annually per miner, approx a little over 2K DAG per month. Please correct me if I'm wrong here...

EPS EPS
The maths works but I would plan for a case where ...

Jorgenson wrote above that the network will reward early innovators who buy in now. Take him at his word - so even if the kinks aren’t all worked out how early buyers of DTM’s will be rewarded, I’m sure it will be seen clearly when the first devices ship. He drops hints. Read into them

Andrew👁Seer
Jorgenson wrote above that the network will reward...

Thanks Andrew, I don’t doubt it, my point was that (if I had one) I wouldn’t personally sell a node to buy DTM’s, not that there wouldn’t be rewards.

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