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The rise of multi-tier masternodes
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Topic: The rise of multi-tier masternodes (Read 297 times)
DeCryptIcon
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The rise of multi-tier masternodes
September 23, 2017, 04:04:40 PM
#1
A number of new projects coming online are using different levels of masternodes based on different levels of investments. Traditionally most coins that have had this feature were limited to one dimension. Does the community have thoughts on the pros and cons of a multidimensional approach vs the flat approach? I'm interested to hear if there have been any opinions formed yet.
odolvlobo
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Re: The rise of multi-tier masternodes
September 23, 2017, 05:24:47 PM
#2
The basic idea behind a stake-based master node is to implement a hybrid PoW/PoS system.
It seems to me that adding tiers could add complication, barriers, and friction without having any real value.
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Re: The rise of multi-tier masternodes
September 23, 2017, 10:44:50 PM
#3
Quote from: odolvlobo on September 23, 2017, 05:24:47 PM
The basic idea behind a stake-based master node is to implement a hybrid PoW/PoS system.
It seems to me that adding tiers could add complication, barriers, and friction without having any real value.
it is also intended for securing the network
damberg
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Re: The rise of multi-tier masternodes
September 24, 2017, 08:28:51 PM
#4
Quote from: DeCryptIcon on September 23, 2017, 04:04:40 PM
A number of new projects coming online are using different levels of masternodes based on different levels of investments. Traditionally most coins that have had this feature were limited to one dimension. Does the community have thoughts on the pros and cons of a multidimensional approach vs the flat approach? I'm interested to hear if there have been any opinions formed yet.
Could you name a few examples of multitier maternode coins? I did a quick search but not succeeded.
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Re: The rise of multi-tier masternodes
September 27, 2017, 05:16:20 PM
#5
Sure - Halo, Helium and SpreadCoin are three with different levels in the works. There are a couple more but the coffee hasn't made it to my brain yet.
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