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49938491 No.49938491 [Reply] [Original]

>Nothing to encourage people to run their own nodes, everyone just uses a pool to stake or will use the exchange they keep their crypto on to stake

How the hell do people try and justify this stuff staying decentralized long-term?

>> No.49938659

rewards are better if you run a node

>> No.49939705

>>49938659
No, rewards are better if you have economies of scale for better MEV capture. Running your own node has less pool fees, but your returns may not actually be better than pooling.

>> No.49940607

>>49939705
Is this ethereum staking model? i'm not too familiar with it. How does it compare to other staking models, like cardano's or polkadot's?

>> No.49940776

>>49940607
Yes, I can't comment on cardanos as I know they have pool limits before you start getting penalized on rewards. It could still probably be gamed if someone uses a derivative to represent staked Ada similar to Lido, but I'm not sure. Not familiar enough with dots mechanism to comment.

>> No.49940841

>>49940607
More info here: https://thedefiant.io/liquidity-staking-derivatives-risks-ethereum/

>> No.49941578
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49941578

>>49938491
easy, higher % gives me higher munies

>> No.49941619

>>49938491
proof of stake > proof of work

>> No.49941638

>>49938491
>>49941619
Proof of stake systems are gaining favor because they reward ownership of coin rather than raw computational power. The calculations don't need to get progressively harder - leading to skyrocketing power demands - because validation isn't based on computational power but rather ownership of coin.

>> No.49941660

>>49941638
bear with me for a second please.

So in simplistic terms: Proof of work requires computers (miners?) to solve tons of complex eqations. This process is not sustainable because it is bad for the environment.

With proof of stake, someone’s coins replace the job of the miners like in proof of work. Staked coins now solve those complex equations instead

Is that all relatively right?

>> No.49942144

>>49941619
is it tho

>> No.49943456

>>49941660
No, this is unfortunately incorrect. Proof of Stake and Poof of Work are fundamentally different to the point where comparing then makes no sense in the slightest

>> No.49944121

nodded PoS is shit
there are a lot of PoS that is wallet-based, so it doesn't require you to pool. most scrypt-based coins are like this.

>> No.49945776

Why are so many jeets in this thread?

>> No.49945898

I know which of the two consensus mechanisms is better but I'm not going to tell because I want the people who bet on the wrong one to get rekt as hard as possible. It's a very basic IQ test. Natural selection at its finest.

>> No.49947393

>>49941638
What worries me is PoS style governance where someone with sufficient collateral can censor or seize your coins. See >>49947299

>> No.49947444

>>49938659
you can't run nodes on many cryptos that have a hard cap on validators

>> No.49947713

>>49938659
this
In case of cardano there's also the possibility of participating in initial stake pool offerings (ispo's), where you can earn ada and the offered token simultaniously
>>49947444
Only shady projects do this, the goal should be to have as much validators/pools as possible

>> No.49947791

>>49947444
what chains do have a hard cap on validators? so I can avoid them.

>> No.49947818

>>49947713
>Only shady projects do this, the goal should be to have as much validators/pools as possible
can you name them?

>> No.49947907

>>49947393
in pos bagholders can hide their control by splitting it up
it can be 99% centralized and nobody know it
>>49941638
i think pos is gaining favour because the market is oversaturated with bagholders and there is nobody left to buy, last year high might be the forever top

>> No.49948107

>>49947818
In fact i can't since the big ones (cardano, solana, polkadot and avax) aren't hard-capped (i'm not looking out for smaller ones)
It was meant more like general heads up that hard-capping the amount of validators is a bad sign to look out for

>> No.49948696

>>49948107
Polkadot is hardcapped.
https://polkadot.polkassembly.io/referendum/27
if it's not, it can be. governance can propose anything. this proposal was to cap that number to 1200.

>> No.49948714

>>49947713
>Only shady projects do this, the goal should be to have as much validators/pools as possible
On a second thought, that would hurt scalability, no?

>> No.49949459
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49949459

>>49938491
OP, I think it's time to outside the box.
Nodes enables goddamn ways to make passive income
>Like DASH that was launched in 2014, offering new investors range anywhere from upto 300%.


Now shithole Validators are getting paid for being a node validator with their own cell phone and laptop?
Get your ass a chance to buy more QANX to meet the node validator requirements.

>> No.49949707

>>49943456
>Poof of Work
Quite amazing.

>> No.49949777

>>49938491
Gala Games are node based projects... No hell is doing any sons of the devil.

Get in on some node projects with futuristic plans

>> No.49950140
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49950140

>>49947791
>what chains do have a hard cap on validators? so I can avoid them.
Poor fag, Aside fucking around and having a Quantum Resistant L1 hybrid Blockchain that rewards its node validators, bank on an EVM compatible where you can code in any language, devs earn royalties for copied code and a developed Proof of Randomness.

>>49949777
>Get in on some node projects with futuristic plans
The future of nodes lies on the much anticipated launch of mainnet. Get your ass ready anon.

>> No.49950243

>>49950140
This is fucking crazy... No one has made it from Nodes. All are just shades of shit

>> No.49950442 [DELETED] 

>>49938491
OP this is really silly, imagine all the Ethereum node runners validating transactions for the network how much money they are making from the network fees we all hate and complain so you know you can be Validator and Run a fucking node QANX to give your miserable life a meaning

>> No.49950500
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49950500

>>49938491
OP this is really silly, imagine all the Ethereum node runners validating transactions for the network how much money they are making from the network fees we all hate and complain so you know you can be Validator and Run a fucking node QANX to give your miserable life a meaning

>> No.49950709

>>49947393
Why even think of it when there are lots project that offers PoR.

>> No.49951007
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49951007

>>49943456
Very brilliant anon, with the emergence of PoR which is decentralized, eco-friendly, and fast, there is no need for complex mathematical computations that require large amounts of energy.
A mf consensus algorithm platform can achieve high TPS.