Quote from: AlexSONMsupport on April 17, 2018, 11:04:02 PM

Quote from: Bavaria on April 17, 2018, 08:59:50 PM

Approximately how many sonm tokens is required as a collateral to run a master node? >= 100K?

Greetings!
In our report for March we published the following information:

Quote

Product Vision Updates
Private blockchain and Masternodes. Working on SONM blockchain we have some tasks, that must be performed in a trusted way out of the chain. First of such tasks is implementing a gatekeeper node to allow token transfer between Ethereum masterchain and SONM sidechain. Another would be running the PoA/PoS mining nodes. Building a decentralized system was always a priority for us, so a decentralized approach to this tasks is implementing a Masternodes, using SNM in a proof-of-stake fashion.

We will first implement a Masternodes for gatekeeping functions, to enable SNM token transfer between Ethereum and SONM blockchain. Establishing the Masternode would require holding a decent amount of SNM tokens, yet the exact value and conditions are being estimated.

Running the Masternode will benefit an owner the more SNM tokens hes got, the better. We are going to implement Proof-of-Stake consensus algorithm to provide proportional sharing of profits between the owners of the master nodes.

Watch the news on our channels and you will be the first to know this information. We will publish it closer to the June livenet release.

Stay tuned
SONM team

Is the livenet 100% confirmed for June now?