The barrier to entry is still far less than of others like Hive consensus. Rewards will be going live later this Summer on a proportional basis to your locked Hive. So if 2000 Hive gives you 5% of the total locked Hive, then you would get 5% of the total fee pool
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Thanks for the clarification by the way. I poke bears when something doesn't seem right. And like I said in the last comment, the docs are lacking this kind of information.
Docs will get updated. Moving fast right now
Ah I gotcha. So it's not a delegated proof of stake type of thing, it's a just straight up proof of stake node where who has the most resources bonded gets the most of the pool? Don't have to worry about the popularity contest?
If that's the case, then that is a whole other story. If all the computational resources needed is a Pi 4 or better, then the 2000+ Hive makes a bit more sense.
What is the story on getting that bonded Hive back if we decide to shut down the node? The only reason I ask is because the docs are lacking a bunch of information like this, which I see as important information.
That's correct. There is no voting structure or anything like that. We might add it in the future for things like governance parameters, or DAO proposals, but core consensus will remain largely how it is initially designed.
Well, that is just awesome then. That is one thing I really can't stand about any DPoS system. I come from a mining background, so what you are doing makes sense. That changes the game, thanks.
You can unlock your Hive which will be returned to you after 24-30h from your unlock transaction.