I won’t do something I don’t want just because you want it!
I have my full node running, because first I want to make the platform more decentralized, second I have my voting power and third more security for everyone, because the blockchain will have more redundancy!
This makes the project less susceptible to failures and vote buying.
Well, my node consumes 15 Watt, that is 11.160 kWh monthly. In my country electricity costs 0.067 $ per kWh, which gives $0.75 per month. Add $5.6 for internet bill and you will get $6.35 per month. My node stake earns approx $10 per month, so it definitely profitable AND I am sure much more profitable than majority of nodes.
This is free market and thus all prices and conditions are market driven. If 100% is bad, than what is good? 99.99%? or 50%? The market itself should consider what is good and what is bad
This.
Didn’t know how to phrase it/put my finger on it, but you explained a part of what I was trying to say. Thank you!
As an addition, I don’t think it is generally bad to have a change due to a transaction two years ago, IF the user chose it, which is not the case in this WEP. If you give the user the option to set a cancel date (amount of blocks), that’s fine.
My node stake earns approx $10 per month, so it definitely profitable AND I am sure much more profitable than majority of nodes.
in which way is your node more profitable? There are nodes paying out 100% Waves (or even more) and 100% MRT. You say you earn 10$ per month, but pay 6.35 $ for running it. even leasing to a 50% paying node is more profitable.
Like I said, internet bill is not dedicated to node - it covers complete consumption of my family. In fact, node pays for internet and 70% of electricity consumed in my house.
Of course, direct trading on DEX brings much more, than leasing does, but still.
My point is - if node takes even 0.1% from leasers, it should compensate this robbery somehow. By providing additional services, paying in some valuable tokens etc
Which you prove my point with, only fan-boys see a reason to run waves nodes with 100% payouts.
So soon we don’t have this, even non fan boys can start nodes and slowly join the ecosystem and grow.
When I had my node, I didn’t had any waves back in the day, a few years ago. But it seemed cool, be able to join a crypto project without need to have money ( I was a poor student back then). So I tried it, I hanged around, and slowly started accumulating waves.
Even if only 1/10 nodes do this after they join waves-mining without waves, you already profit. Even if it just brings 1 more node, or 1 more long-term investor/interested person you win.
With 100% pay-outs you cut out that chance
A waves node shouldn’t really been run on home servers etc.
You most likely have lot’s of single point of failures.
Likely lot’s of possible downtimes, internet provider, power provider, …
A datacenter normally doesn’t have these weak spots and thus for a strong and healthy network, it’s preferable to run in a datacenter.
My point is - if node takes even 0.1% from leasers, it should compensate this robbery somehow.
Robbery? Nodes are offering a service, which obviously has its price. I got no idea how people still believe altruism has its place in securing a network.
Back to topic: We understand the concerns about security for people leasing from cold storage. It would be good to give these an advise to renew their lease in a random amount of time, so a potential attacker wouldn’t know exact.
Another idea were to list nodes and ratings about them in DEX apps and implement an easy way to randomly distribute a lease to many nodes.