Ako kome pomogne, mislim da je ovo najbitnije - mada nista groundbreaking...one prave informacije nam tek dolaze nakon token generation eventa:
Q:
When is the wallet supposed to come out so we can run nodes?
And why are the rewards for demo events going down? There's still a lot to be distributed in demo events right?
A:
Mobile client will be launched on the main net somewhere in Q4, exact timetable will be released somewhere after TGE.
Q:
to run a consensus node, does it pay out more to have above said requirement, like if you had 113000 compared to 13,000 tokens.. would there be any staking advantage in the size, could you give any specifics about consensus nodes or is there an article about the payouts and how it works?
A:
Validation nodes initially weren't planned to be tiered, but once recruitment phase ends and development and brainstorming phase kicks in, expect much more announcements from a developer's perspective. Of course running more nodes means higher returns, but not because of a higher level or score of a validation node per se. The amount will be fixed relative to the tokens in circulation, so the more tokens you have the more validation nodes you will be able to run (concurrently, if chosen). Essentially, validation nodes act as just-in-time masternodes. They are only active during the specific time frame the market is online. As more data is being validated and the platform adopted, developers will buy EVT to reward users who report data and as more of them do, the prices (and fees) will rise accordingly.
We are still preparing the article for validation nodes, but if you have any specific questions to ask just shoot. Are you interested about the hardware required, how they're projected to run or how they're chosen from the pool?
Q:
so youre saying itll be easy to have 5-8 validation nodes?
what type of interaction would it require to be a validation node?
im trying to wrap my mind around this and struggling a bit, i guess the worst masternode is throwing me lol
i guess hardware required would be one, am i penalized for it being down is two (but youre saying it doesnt have to be up all the time so i guess thats a no)
A:
If you have enough tokens, sure. But setting them up and running them isn't the same. Once you have enough tokens you will have to stake them (essentially just proving that you have them). Once a developer creates a market, a few validation nodes (number varies per his request) are chosen at random (reputation and network statistics come in to play as well, to a degree). This means that the chance all of your validation nodes will be running simultaneously is quite low. If you are chosen, you will have a certain amount of time before the market starts to accept this task before it is delegated to another node. If you accept, these tokens are then locked for the duration of the market (voting process + dispute time, if required). If your node comes to the same conclusion as the rest of the nodes, the tokens are released back to you. If you try to manipulate the consensus outcome, the tokens are sent to the common pool from which participants doing certain actions are rewarded.
Once the app is released and the functionality implemented, all settings will be available for you to adjust manually. But because understanding and knowing current market statistics can be time consuming and too much of a hassle, a built-in algorithm will automatically calculate the optimal settings for you, you will just need to set it up initially. You won't need any specialized hardware for that matter, any new smartphone will be able to run it.
Q:
okay so what would "going against the consensus" look like.. like what would i be validating? im getting a disconnect there, can you give an example of 3-2=1 or something simple
im following so far, that a few random nodes will be selected, and im assuming the nodes themselves need to come to a conesus
A:
You personally won't be doing anything, the app will do it automatically. Validation node has to analyze all of the incoming votes (like the ones submitted during current events) and process it and build a consensus. Because having only one validation node could pave the way for manipulation, at least 3 or more validation nodes have to participate in a given market at the same time. They then share the incoming votes between themselves and evaluate each other for any discrepancies. They then build the consensus when enough similar votes come through and then after the market ends send this outcome back to the developer who initiated the market.
Indeed, validation nodes process the votes and build the consensus we're seeing in events now, much like how it will be later on. Right now we only have three validation nodes on our side that are processing the votes (as a proof of concept), you can how they are chosen exactly 10 minutes before the event starts when the registration period ends.
Q:
so what happens if the 3 validation nodes dont agree? do you reward the 2 and take from the 3rd
A:
Yes, something like that. Exactly what happens is still in the brainstorming phase, but a penalty is certainly in place. It would be a good idea to place something of a "validation dispute mechanism" into play as well, something that's automatic and notifies all participants in a market that validation nodes had trouble coming to an understanding of sorts.
Q:
but the penalty would be passed on to the users provioding data right? since the validation node itself is automated
A:
No, data providers get penalized only for reporting the wrong data as a consensus. While validation is automated for the majority of users, there's no doubt that more tech-savvy users could get around it and implement their own solutions. Therefore having a high enough of a deterrent in place should stop any fraudulent behavior in the marketplace.
Q: Really interested in the hardware tip so as to get ready for it Luka. (ovaj lik pita sta mu treba od hardware za node)
A:
You won't need any specialized hardware to run a validation node, even a smartphone will do in fact. Validation nodes act as temporary masternodes that process the data only for the duration of the market, so you won't have to run them continuously. As long as you have enough tokens in the wallet, you will receive random offers if you're available to process votes in a certain market.
Q:
and how will those fees be calculated?
which factors determine the percentage that a person running a validation node receives?
A:
These fees are set by validation node themselves. When the app launches, you will be able to adjust these settings according to your requirements, but a built-in algorithm will automatically determine the optimal price based on marketplace conditions. The market price will adjust itself based on supply and demand, essentially fluctuating depending on how many markets are being validated in the market at that time. The app just recommends the optimal price to enter the market but you can manually adjust it to enter with more aggressive approach (in case you need instant validation).
