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Offline starspirit

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Some questions on running delegates
« on: April 13, 2015, 02:29:09 AM »

I would like to understand some elements of the delegate structure better.

How much is a delegate realistically to have to pay to third parties or employees for outsourcing block-production and feed prices, assuming they do not possess these skills themselves? After such contract payments, how much revenue would remain for a 100% pay rate delegate?

If an individual runs multiple delegates, what is the best way to ensure that feed prices provided by each delegate are uniquely manufactured? (come to think of it, how do we know how many unique processes there are generating price feeds among the set of 101 delegates?)

Is there a limit on how many delegates an individual can run?

Offline Riverhead

Re: Some questions on running delegates
« Reply #1 on: April 13, 2015, 03:09:44 AM »

1) The typical rate, as far as I know, seems to be around 10%. This means that the 100% delegate will receive 90% of pay while the IT person will receive 10% to run the delegate.

2) There are some tools that are more popular than others. Alt, Xeroc, Emski, and Wuoko have all written custom feed scripts and many delegates customize them further to provide better focus on what they may feel is an under served pair (for example, OIL). Also the polling times of all the delegates vary greatly by how they've configured their feed so even if a number are pulling from the same source the time variations will add the needed diversity.

3) There is no technical limit on how many delegates an individual can run but the community seems to frown upon any more then a few.
« Last Edit: April 13, 2015, 11:06:21 AM by Riverhead »

Offline starspirit

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Re: Some questions on running delegates
« Reply #2 on: April 13, 2015, 04:05:38 AM »

1) The typical rate, as far as I know, seems to be around 10%. This means that the 100% delegate will receive 90% of pay while the IT person will receive 10% to run the delegate.

2) There are some tools that are more popular than others. Alt, Xeroc, Emski, and Wuoko have all written custom feed scripts and many delegates customize them further to provide better focus on what they may feel is an under served pair (for example, OIL). Also the polling times of all the delegates vary greatly by how they've configured their feed so even if a number are pulling from the same source the time variations will add the needed diversity.

3) There is no technical limit on how many delegates an individual can run but the community seems to frown upon any more then a few.

Thanks a lot Riverhead.
Is having more than a few delegates frowned upon mainly because too much of this would compromise the integrity of block production?
« Last Edit: April 13, 2015, 11:20:41 AM by starspirit »

Offline Riverhead

Re: Some questions on running delegates
« Reply #3 on: April 13, 2015, 10:11:32 AM »

Yes, that is basically it. The idea of 101 delegates is to distribute trust and reduce vulnerability. As delegates get clustered under one IT person the distribution is reduced. At the current market cap it makes sense because costs are greater than revenue. As teh market cap increases and there is more competition for delegate slots those running multiple delegates will be voted out in favor of those that aren't.

 

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