Swarm will reward the operation node Bzz in a large area. Is it time to start the bzz mining server? Whether BZZ Company can dig or not has always been a matter of great concern. In the early stage, the SWARM team only announced the shares of private funds and team foundations. Is this going to be increased? Inflation or deflation, economic model.
According to the recently announced news, the release mode of BZZ is basically based on the Bonding Curve. This is a bit complicated. In short, it is like the following curve:
This curve is also called the dynamic price curve, which is a model of token price related to the total amount of tokens. In brief, it is:
If the price rises, it can be properly reissued. When the price falls, it can be properly destroyed. That is, the total price of BZZ will change with the price. This relationship can be expressed by the following polynomials:
P (x)=c * x ^ n, p (x) means the price when the total generating capacity is x, c is a constant, and n is the leverage factor.
The blue line above is this function. The larger the leverage coefficient n, the steeper the curve and the greater the change.
This release and destruction is automatically executed through smart contracts. Another interesting feature of this curve is that in this smart contract, money only needs to equal the area of the blue area in the figure. Therefore, the larger the n is, the less funds are needed, and the more funds are used for team flexibility.
In the current code, n=32. Therefore, when the price changes, it does not need to issue a large number of tokens to meet this curve, and vice versa. This leverage ratio is very likely to be adjusted at present. Therefore, do not rely only on the current parameter configuration for deduction, which may be wrong.
Therefore, bzz is faced with additional issuance and destruction at any time, which is mainly used to control price fluctuations. The SWARM official said that it will improve the incentive mechanism for node operators, so that the operating nodes have enough revenue to support operations. If the Swarm network is only run by low-cost machines, the quality of network services cannot be guaranteed. It will take some time to improve, thanks to the patience of the node owner.
Faced with the challenge of hollowing out, Swarm announced that it would modify the reward system in the near future to let node operators make money, and continue to operate Bee nodes to make Swarm's network more perfect.
2、 Related to Swarm's economic model
The doubt about the project mainly lies in the uncertainty of its economic model. Various news in the market says that it needs to be pledged, and then it says that it does not need to be pledged. Another theory is that investors' uncertainty about its economic model leads to investors' doubts about the project.
Swarm's coin issuing mechanism is also different from the traditional blockchain project. It is not the traditional burst mining, but the data interaction between nodes and queen bee nodes generates BZZ randomly. It is the BZZ generated by data interaction with queen bee nodes, and it is the frequency of data interaction with hive nodes.
Swarm Role:
Bandwidth: interact with the master node to generate BZZ token storage: user pays miners for BZZ token storage data communication: user pays miners for BZZ token retrieval data decentralized transaction channel: BZZ and BZZ exchanges on the side chain.
Explanation: The ecological user releases a task (for example, 100 bzz traffic fees are required), and then completes it through bee. After interacting with the user, the node will participate in the bzz, and allocate the 100 bzzs according to the proportion of contribution value. It is impossible to mine without a customer publishing a task.
Therefore: This is the task reward mode. First of all, customers will have money. This is a real landing project. If no one releases tasks, they will have to dig holes.
Because of its uncertainty, it also has a certain impact on the listing of BZZ, and has a price expectation for the later period.
3、 The reality of vague nature of public business
At first, it was said that there was no public offering, but later, it was carried out two rounds of private placement by Shuidi Capital and other institutions; Then after the public offering, the total amount of tokens changed from 62.5 million to more than 100 million.
In fact, it is a problem derived from the economic model. The economic model is uncertain and investors are not confident enough.
In the secondary market, the market naturally declined significantly.
4、 Heavy weight formal Ethereum direct knife inserting
Ethereum developers recently promoted:
"Swarm (BZZ), the Ethereum storage protocol, has split it from the Ethereum Foundation into an independent project since 2019" and will no longer receive any funding from the Ethereum Foundation.
At the same time, I hope you will stop spreading the news that Swarm has received support from the Ethereum Foundation.
As soon as this news came out, all investors were completely chilled. The price of BZZ also fell all the way, and the leeks investing in mining machines were chilled.
Swarm is really in a crazy state now, but I think it's too early to tell the truth. Except for the national policy, in fact, other information is explicitly stated. Only some miners borrowed too much and borrowed falsely. So that after the official Ethereum announcement, the market suffered a huge blow. In addition, BZZ mining has not started yet, and it was launched in August. There are still opportunities. As Swarm is a storage application board, Ethereum is also a firm fact. Therefore, the price of BZZ has a long starting point.
The above is what Micronet will introduce to you. Swarm will reward the operation node Bzz in a large area. Is it right to start with the bzz mining server now? I hope it will be helpful to you. Micronet will focus on Bzz mining server Leasing and hosting, which includes single line and multi line cabinet leasing services such as Mobile Telecom Unicom, is a professional IDC data cabinet hosting and leasing provider in Jiangsu Province, specializing in services such as bzz mining server leasing, bzz mining server hosting, Baidu standard customized cabinet, 48U super large capacity, and reducing user cabinet rental fees. If necessary, please contact Micronet.
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