Author Topic: When Bitshares can pay for itself.  (Read 1332 times)

0 Members and 1 Guest are viewing this topic.

Offline Pheonike


With enough automation, we can get to the point where the network itself provisions it's own witness nodes based on a set of risk parameters.  We dictate that the network retain at least 5 nodes around the world that it operates in case of emergency.

Offline CLains

  • Hero Member
  • *****
  • Posts: 2606
    • View Profile
  • BitShares: clains
432k BTS a day. 3k USD today at 20 million marketcap. At 200 million it's 30k USD a day. At 2 billion it's 300k USD a day. :D

Offline roadscape

In the future, datacenters will compete to host witness nodes based on what they can offer in terms of diversity, reliability, and resilience (uninterrupted power, physical/network security, disaster recovery, etc). There might be no more than 20 active witnesses, but each will be hosted in a different country. Countries would be picked strategically so as to minimize collusion. (but it's up to the voters of course) 8)
http://cryptofresh.com  |  witness: roadscape

Offline Ben Mason

  • Hero Member
  • *****
  • Posts: 1070
  • Integrity & Innovation, powered by Bitshares
    • View Profile
  • BitShares: benjojo
Awesome clip, love it.....skadouche!  +5%

Offline Pheonike

Just thinking when we reach the point that VPS providers and hardware vendors accept BitAssets for products and services, the Bitshares network will be able use its own bitassets to pay for the computing power its needs to secure and generate itself!!! It will be it's own renewable energy!!!