Post
Topic
Board Announcements (Altcoins)
Re: [ANN][KMD][dPoW] Komodo - Zcash Zero Knowledge Privacy Secured by Bitcoin
by
Big Naturals
on 13/02/2018, 08:42:56 UTC
I will flesh out your ~   with some actual numbers.

You can check out node mining with a CLI command that provides number of blocks the 64 nodes have mined out of the last 2000 mined.  I do this a lot.
Over November and December I logged the mining figures 25 times:

KMD / mth         blocks/ ave month     blocks/ 2000 blocks   
899.8199951   299.9399984            14.04166667            min
1829.010969   609.6703231            28.54166667           max
1536.719663   512.2                    23.98046875           ave
1574.017469   524.7                    24.5625                   median
195.99           65.33                      3.06                   stddev

You would want to back a NN operator like the one that runs node 41.
I have checked hundreds of times, it is how I check to see if my node is running well.  
Node 41 has only been below average 3x that I saw ever, and only 1 time with komodo down.  Mining is only one part of this job, and not really as important to NN operators as you may think.  KMD mining is nice to log, but notarization stats are paramount.  You have one job as an operator: notarization.  If you pick the right operator, they will be the one to focus on that.

Let's not discuss the min node, however you may back one of the minimum nodes if you assume we all average 1500.
Also vigilance will keep an operator's node out of elections, period,  I would call that a critical advantage.  I am vigilant, trust me you want vigilant.



Good advice, thanks! You are correct, the ŕeward for vigilance is avoiding elections all together, and that incentive should ensure high quality notaries. Personally I would make the bottom 40-45 nodes face election every year, that way the reward is harder to get, and the incentive to achieve  excellence to avoid paying for votes is even higher, plus the spill over effect onto KMD value from what amounts to a participation dividend for bothering to vote would be larger, which should not be under estimated.

this system has some powerful incentives now, quite beautiful, satoshi would be impressed!