Author Topic: Bit Super Lab  (Read 10319 times)

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Offline santaclause102

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Can't the pay for a delegate be dependent on the tx volume?

Pay is based upon trx volume and fee, but early on there may not be enough volume. 

Unless you want to subsidize delegates early on via inflation the pay may start out low.
What I meant was: When you have low tx volume you could give delegates a higher percentage of the total fees (10% by default). The relation of tx volume and % of the fees for delegates could be made variable to a degree.

Offline bytemaster

Can't the pay for a delegate be dependent on the tx volume?

Pay is based upon trx volume and fee, but early on there may not be enough volume. 

Unless you want to subsidize delegates early on via inflation the pay may start out low.
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Offline santaclause102

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Can't the pay for a delegate be dependent on the tx volume?

Offline bytemaster

There is a very real chance that it will not be profitable to be a delegate in the early phases... however, establishing yourself as a proven delegate puts you in a good place once it becomes profitable.   Something we will have to figure out.
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Offline luckybit

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U do not need 100%. 99.9% is good enough.  Also you can be down for 5 to 10 minutes between turns.

Remember you just need to be in the top 100 which is something anyone with a DO node could do.  Once compition heats up then you have to raise the bar.


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What if it's not profitable in the beginning? Not sure if it will make a profit if it depends on volume.

But there are probably ways to decrease costs.
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Offline 天籁

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 +5%   I will definitely support the Lab with all my XTS. Go,Go,Go!

Offline HackFisher

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OK, would like to provide a mail list for those who want to be in  to discuss related topics.

bitsuperlab@googlegroups.com

DPOS details whiter paper are already there:
http://bitshares.org/documentation/group__dpos.html

The first thing could be do researches or delegate software optimizations.

http://www.bitsuperlab.com/forum.html
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Offline HackFisher

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OK, would like to provide a mail list for those who want to be in  to discuss related topics.

bitsuperlab@googlegroups.com

DPOS details whiter paper are already there:
http://bitshares.org/documentation/group__dpos.html

The first thing could be do researches or delegate software optimizations.
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline testz

 +5% I'm in  :)

Offline Pocket Sand

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 +5% This is something I'd definitely be more than interested in. Great idea  +5%

Offline HackFisher

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I would like to donate a domain name as a start:

http://www.bitsuperlab.com

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Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline bytemaster

U do not need 100%. 99.9% is good enough.  Also you can be down for 5 to 10 minutes between turns.

Remember you just need to be in the top 100 which is something anyone with a DO node could do.  Once compition heats up then you have to raise the bar.


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Offline HackFisher

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The requirements exclude me personally. While I might have the bare minimum linux-skills to get the basics up and running, I have health problems that make it impossible for me to guarantee 100% up-time and responsiveness in case of trouble.

Should initial costs be to high, perhaps this could be crowdfunded/sourced or setup similarly to mining pools where a team maintains a couple of servers, like Amazon cloud-servers or similar, and members of  those pools share the costs and parts of the profits.

That is why we need to collaborate to form such a super lab!

I would like researches of this lab to be open, free to share, and high quality peer review, which could form an technical advantage as a team and be easy to fork, the other key points are depend on operation of mining servers

I'm not sure whether there are ways to securely share delegate secret key between multiple operators, may be we can find ways. Otherwise, we can also easily to fork to multiple delegate operators using similar strategy from DPOS Super Lab, but in this case, keeping it 100% up-time could be a problem.
« Last Edit: April 12, 2014, 02:35:43 pm by HackFisher »
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Offline JoeyD

The requirements exclude me personally. While I might have the bare minimum linux-skills to get the basics up and running, I have health problems that make it impossible for me to guarantee 100% up-time and responsiveness in case of trouble.

Should initial costs be to high, perhaps this could be crowdfunded/sourced or setup similarly to mining pools where a team maintains a couple of servers, like Amazon cloud-servers or similar, and members of  those pools share the costs and parts of the profits.

Offline boombastic

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+5% would like to help


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