the collateral
amount secures the network also; an attacker might want to run
many nodes, so this number is critical in more than one way.
A successful network of Masternodes requirements should prefer servers in datacentres with dedicated IP addresses, not home/business single-ended internet connections.
If your masternodes are popping off and on the network and changing addresses, this will cause more instability than without masternodes.
i am running an incentivized node for vcash. the focus is on speed and connectability, but dynamic ip addresses don't affect the vcash (multi-tier) network in a negative way, but you do need a very fast machine if you expect to compete with the 'elite'
Great suggestion Groggin. I looked into Vcash, and more specifically the reward page. Its not very detailed. Here is what I found.
Node IncentivesThe node incentives system donates a portion of the miners coinbase reward to peers that are helping to maintain the network infrastructure. The system is constantly probing for good publicly addressable peers. These peers are voted on using a deterministic scoring system that is secured by the blockchain. Additionally there is a collateral mechanism that (if enabled) can prohibit votes from peers that do not have at least N amount of coins (in a single deposit) in their default wallet address. The only requirements for participating in the incentive system are a possible collateral deposit and a publically addressable peer.
Questions and Answers
How do I know if my client is a candidate for incentive rewards?
Use the getincentiveinfo command in the GUI console. If you see "votecandidate, true" you are eligible to be a candidate.
Will collateral be required?
A collateral deposit of at least 10000 into the default wallet address will be required to be a vote candiate starting at block 220000.
How do I deposit collateral?
You send 10000 coins to your default wallet address found in getincentiveinfo as a single transaction. Within some time it should reflect in getincentiveinfo if the deposit is equal or greater than 10000.
What is the incentive percentage?
Schedule:
https://gist.github.com/john-connor/967ba7f7e9dd0ec1f7a9My question is: Your said
"The focus is on speed and connectability,"
.
So, when you say speed, is it speed of the computer hosting the wallet? Speed of internet connection?
Also you mention connect-ability as a factor. Can you be more detailed?
If anyone else knows , please chime in.
Vegas