Re: [MNS]|Mantis|X11|PoW/PoS|MantisReward|MantisUI2.0|MantisChat
another quick and possibly noob question. uptime means letting your wallet be online (meaning to say that computer has to be on) and for balance rating and POS, it can happen by just opening your wallet sometimes? thanks in advance!
You can mine PoS blocks the traditional way by running your client from time to time and earn the standard 20%.
If you decide to run a node, you would earn 20% + the bonus for running a node, depending on your balance + uptime.
Thanks for that tokyoghetto! Spot on, exactly how it will work.
i believe that the people running nodes should only be the ones earning interest on their balances. 20% is very generous for someone to just run a client every couple of days, while the nodes do all the heavy lifting.
Perhaps make regular client PoS less in terms of % and let nodes earn the lion's share, since it requires more capital commitment and therefore more risk for node operators.
something like 5% PoS for regular clients
20% + uptime bonus for nodes. Minimum balance 1000 MNS to run a node.
just a thought.
Perhaps make regular client PoS less in terms of % and let nodes earn the lion's share, since it requires more capital commitment and therefore more risk for node operators.
something like 5% PoS for regular clients
20% + uptime bonus for nodes. Minimum balance 1000 MNS to run a node.
just a thought.
We are currently discussing this actually, and thinking about lowering normal staking % to make running MantisWeb's more beneficial overall.
Why not make it a variable interest while you're at it
like 3-5%? This is something we have considered as the best option, as we need MantisWeb's to have a rather big incentive as we understand the running costs/time. Will have an update when we have decided shortly hopefully!