I have a question:
Whats the benefit for a user to setup a static node. I mean from a technical point of view, i understand the necessity, but from a user perspective why should i setup one? Maybe i am missing something but didnt see any benefit for the regular Joe to setup one.
You receive an income, with nodes normally a very good one.
Yes, thank you for your assistance Troy.
In the not too distant future, XtraBYtes will begin selling decentralized shared hosting to the internet market. This will compete with large "centralized" companies that offer online storage and these companies are effectively hackable because they have a central location and point of attack. Therefore, this is not the best solution for people with sensitive documents and everyone knows this.
XtraBYtes will compete with other companies in the crypto world that offer "decentralized" online storage, which are NOT hackable because there is no central point of attack.
Without getting into more details or comparisons, I will just say that our closest competitor charges 1.5 cents USD per GB per month and 5 cents USD per GB downloaded.
All these fees are included in what the STaTiC nodes will be paid.
Each ONLINE STaTiC node during the block groups will be paid an EQUAL share of these profits.
There is no corporation set up yet, but we believe there will be something in place (will be decided by the committee we are forming) and whatever expenses occur from the corporation will obviously take away from the profits... However, a corporate face can and will skyrocket XtraBYtes into the mainstream, which means higher and higher XBY prices and this in turn increases the SALEABLE value of your STaTiC node as an income producing asset..
So, all of this is being constructed at this point, but this is the direction we are heading.
Thank you for your great question!!