node staking is gone?
We don't know this yet. Also many factors change that number. For instance how much validation is on the network. Which metagraph your node is validating for. How many node operators their are.
Now that is a good question we do not know. If it stays around 180 a day Dag, it’s dependent of n price
DAG token rewards for mainnet validators are not depending on the DAG/USD price. Its a fixed amount/percentage programmed in the network code.
More validation work equals higher yield right?
Yep I know. But I was kinda referring to what my income will be. At the moment it is fa. If the rewards half and price stays the same, it will be half of fa😨. But I’m sure things will improve
Yes. Their are 2 types of transactions. Timed rewards that happen every minute or so. And validation of transaction. For instance transferring dag from one wallet to another. Or data passing from a Metagraph to the hypergraph Which happens as needed. Some of these transactions create fees. Which partially go to validators... And I think will possibly incorporate a future burning mechanism as well.
Gotcha I see - yeah of course, profitability is an important question and also impacts network security. There are two ways from a game theoretical views here in this case I guess: 1) Node costs are higher then rewards and thus node operators lose money running a node —> they could decide to turn off their node 2) Node operators who stay are earning more rewards or keep running in loss until they see an increase in their profitability In this case it would work similar to pow chains like Bitcoin, where miners sometimes are forces to go offline as well, and other cheaper miners go online.
Oh huh, I thought constellation didn't have fees...
This will also cause the token to become more scarce. So it's possible it can help the value rise. (But that's talk for the trader group. 😉(
In this regard running your own hardware instead of using a VPS could help a lot.
Constellation has fees too, it is feeless for normal users (the rate limit, 1 free transaction per snapshot) and very low fees for metagraphs/power users. There is no such things as a free lunch ;)
No fees on the user side. Unless they perform many transactions at once. The fees are typically on the Metagraph side. Which is paid for by the way they write their tokenomics. It's how they reward validators as they need.
When Pro scores kick in, this maybe unwise. Also it’s a high spec pc needed and 24 x7 electric costs
Ah I see, I thought this was the case, but got confused with the example of sending funds from one wallet to another...
Yes. Best to use a VPS. Especially with PRO. 💯
The hardware requirement are actually not that expensive. 160 GB HDD, 8 GB RAM and a quadcore cpu. Of course you still have running costs, but if you already are using a computer it could decrease the total running costs by a good margin.
You would have to make multiple transactions at a time to have a small fee. So it would be very rare for a normal user to trigger this.
Yeah how frequently is a snapshot made?
Oh that's pretty good
I think it used to be 20 seconds
Or do you mean the transaction snapshots can happen as needed per every 20 seconds?
Mhm, I will double check this!
Isn't it 16gb ram and 8 cpus?
Nowadays 8 cpus are kind of built into 1 CPU in a lot of today's technology.
Argh yeah, the new ones my bad!
Yeh, I'm just talking about the vps specs though.
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