You are viewing a single comment's thread from:

RE: The Speak Network Incentive Layer (Hive Fest)

in #speak4 years ago

From what I grasp, this is a really brilliant design. I'm still a little confused though, to mine speak we need both 1 larynx tokens and 2 to watch videos to help host them?

Also none of these will be rewarded to people posting on 3speak, correct? Only hive will be rewarded for content creation, yes?

Sort:  

Content creators or any user with one LARYNX miner token that provides resources to the network can mine. Meaning you will need to do PoA mining + provide storage to be a storage provider. For bandwidth you do not need to do PoA mining, you just provide resources that are paid on a use basis. For content creators who do not prodive resources there will be Hive upvotes + a SPEAK PoB token that will be given freely to SPEAK holders, but that has yet to be announced, no more details on that at this time.