Hi all
Quick update from Dan:
the new blocknet-qt wallet will be available for tomorrow evening (provided no last minute issues) for preview/testing
Updated specs
- 1minute block time
- 1 block reward per block (thus decreasing interest over time)
- split 70%/30%/ +10% (service nodes get 70%, stakers get 30%; the 10% is not a stake reward, but is via the self-funding model)
- 5k required to run a service node
- for staking, the wallet will need to be open as often as possible, since it is not based on coin age.
- migration/installation: it uses a new roaming folder, so simply install and copy your wallet.dat to the new folder.*
* tomorrow is the launch on testnet, so don't copy your wallet.dat over just yet. Wait for the mainnet launch mid-month.
First of all congratulations for the great work.
How much would be the average reward for a service node?
Can I run a service node from a VPS?