600 second node reward time
0.25NND rewarded per node every period
What is this?
10 mins for one block with only 0.25 NND per block. Did it what the team wanted expressing in the OP?
Did I understand the message right?
There is no block time with Netnode, 600 seconds (10 minutes) reward time was used out of user familiarity. Each Nodes rewards are 100% independent from each other with earning 0.25NND for every 600 seconds they are actively on the network and verifying transactions. Transactions are layered based on their genesis call and their settlement. Thanks for your interest!
Very interesting.
Could this not be gamed, with miners renting vast amounts of micro server instances to serve as nodes that farm the network?
Could an IOT botnet with a hundred thousand nodes not mine out the entire coin supply very quickly?
I suppose it depends on how much CPU/RAM intensive it is to run the node. Will the resource requirements grow as the number of nodes grow?