Hi everybody, algorand published today the paper on consensus incentivization: 65a7c0863805fd8b83cf34d5_upload_consensus-incentives.pdf [Algorand Consensus Incentivization White Paper Walk Through] How do you like it? Do I read it correctly that p…

One more question: How does the incentivisation ensure that enough nodes and in diverse geographical regions run? There is a certain overall computation power and network connectivity/distance that is required for running a reliable, fast and resilient network. I’ve seen the high limit of 2^26-2^27…

Hi Scholtz, My cousin and I wanted to build a mining pool. I asked those questions on the official Discord, and I got roasted :laughing:. Based on Janotti’s answer (the main dev of the node, I guess, as he is pushing all the commits on GitHub), the voter’s address receives the rewards, it won’t be…

These are some good ideas ! I like the maintenance fee one. I know there will be a page on the frontend that shows the costs, the current node’s state, the different balances, revenues… Full transparency is required for this kind of app. Also, there will be a rather simple but neat ingredient to boo…

It is a great adventure to mine a coin. Some experiments could be done with some algorand ASA-s, and mining. But the trouble with classical mining (proof of work) was/is that is cosumes a lot of power. It can be offset by using green prower like solar energy. I have an idea of using the Algorand ch…

Consensus Incentivisation - AlgorandMining

Governance Discussions

leaf January 23, 2024, 8:52pm 4

I thought the mining pool part would be cool too.
Good luck with your friend. You could collect some fees to join/leave pool or a maintenance fee subscription for some profitability.

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Consensus Incentivisation - AlgorandMining

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