PSA on the Node Incentives [FAQ]Whate is the Node Incentives system?The node incentive system has been introduced with the recent updates. Super Peers will get honored with a % of PoW in exchange for their honest work on the network
Paper:
https://github.com/john-connor/papers/blob/master/incentive.pdfBasic information (Wiki):
http://vanillacoin.net/wiki/Technologies/Node%20Incentives.mdProgress thread:
https://talk.vanillacoin.net/topic/207/incentive-systemCollateral algorithm:
https://gist.github.com/john-connor/b6799efff326ff77d418Reward algorithm:
https://gist.github.com/john-connor/967ba7f7e9dd0ec1f7a9When will the Node Incentives go live?Node Incentives will go live with 1% of PoW reward with block 210,000. Estimated time: 09/19/2015 11:03:22 - 21h 12m 1s
What do I need to be able to get rewards?- You will need a wallet with 10000 Vanillacoins when block height will be > 220,000
- Your router needs to have the port open that you have in your config.dat file (Windows: Local Disk (C:) > Users > Your User > AppData > Roaming > Vanillacoin)
- Your wallet needs to have a 15 min uptime currently (should be increased later)
What are the rewards?The exact reward structure can be found in the links above, but the range is 1-40% of the PoW rewards
Can I stake with the amount of coins that is sent to the wallet for the Node Incentives?Yes, you can get both node incentives and staking rewards at the same time.
How can I spend the amount of coins sent to the wallet for the Node Incentives? Is it locked?You can spend the coins anytime, they are not locked, but if you spend from them and don't reach the minimum amount needed you won't get the incentive rewards.
Do I need to unlock the wallet?Unlock once after you sent the Vanillacoins needed, but you can relock it after
Any info about the Node Incentive via the wallet?Type in console: getincentiveinfo
How much will system resources play a part in the incentive?More bandwidth usage to spread the blockchain, & more daemon call (to send the blocks on the network)
What is the limitation for the Super Peers?Only 1 Super Peer / IP adress is allowed