Quote from: happy_merchant on September 06, 2017, 12:40:22 PM

Quote from: Iuliu on September 06, 2017, 11:40:13 AM

What are the advantages by running an masternode/sanctuaries ?
What kind of cpu's/pc it is necessary for running one?

I'm not sure what the devs have in mind, but it should be pretty similar to a Dash masternode which you can read about at https://www.dash.org/masternodes2/. Note that in Biblepay, masternodes will only receive 10% of the block rewards as opposed to Dash's 45% (if I'm reading the example in the original announcement correctly). I'm sure some of the other numbers will be tweaked as well since this is primarily a charity coin, but it should give you a general idea of what's involved.

Correct, if you run a masternode, you can earn mining income for one to offset the cost of the VM, and also a monthly masternode superblock reward for holding the BBP in escrow, and the breakdown should end up being very close to this:

BBP Subsidy of 20000:
10% to masternodes as mastnode monthly compensation
75% to the miner of the block
5% to IT escrow address (this covers IT issues, IT support and PR and IT payroll)
10% to charity escrow address (this will cover charity and charity rewards such as letter writing)

Masternodes will govern how and where the 15% collected escrow is actually spent by conducting monthly votes and we will figure a way to designate Who is responsible for moving the escrow into action every month also, so as to alleviate myself from day to day activities. I would also like to make it so if someone runs off with the monthly escrow funds (IE they dont perform their function), the community can recover by itself and choose a different owner for that activity. (IE we might make it generate a new address and keypair when the panic button is pushed by the lead devs, etc).