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What are the incentive methods for bzz mining? What is the profit method?

Published on: July 21, 2021 17:22:23

What are the incentive methods for bzz mining? What is the profit method? stay Bzz mining How does Swarm distribute mining returns? The economic incentive mechanism of Swarm network is different from that of Ethereum. According to official information, storage and bandwidth are two important limited resources, which have been partially offset in its incentive scheme. What are the incentive methods for bzz mining? What is the profit method? Today, Micronet will take you to have a look, hoping to help you.


 What are the incentive methods for bzz mining? What is the profit method?

Store rewards:

The storage space of Swarm is limited by the total storage contribution of all nodes to the network. By uploading the expenses to the network, the check system increases the cost, which makes Swarm write best. Using these signals, the storage node can decide what to save and what to ignore, so that it can allocate storage space in the storage to keep the most valuable blocks.


Loan incentives:

Through Swarm's client software Bee, users can interact with the nodes of other network participants to deliver private and secure content, thus establishing a trust relationship for bandwidth exchange. Uploading and downloading data includes three types of participating roles: sender, sender, and receiver. In the data upload scenario, the sender sends the uploaded data to the receiver through the transit party, and the receiver replies with a confirmation message after receiving it. Then the sender returns and the upload operation is completed.


In the scenario of downloading data, the sender sends a request for downloading data, and then the sender arrives at the receiver. The receiver receives the corresponding data requested, passes through the forwarder, and finally arrives at the sender. The download operation is completed. In the two ways, both the recipient and the recipient can get a reward, and the official has stated that the incentive reward will not generate a block reward, only the traffic between nodes and temporary data storage. The upper limit of traffic cost is related to bandwidth. The higher the bandwidth, the higher the upper limit of traffic cost. In Swarm, the traffic that nodes can transmit is also limited by the node system bottleneck, which is disk IO performance.


Find motivation:

In P2P networks, users can find the connection between the new node connected or the node in the network and the node connected. The formal view is that for a distributed network, the more nodes that work normally, the higher the network reliability will be. For the benefit of a single node, it will provide other nodes with the message forwarding found by the node to reduce its own connection volume. Generally speaking, this is an attractive brain, and the reward is not directly given.


The above is what kinds of incentive methods and profit methods of bzz mining are introduced to you by Micronet. I hope it will be helpful for you. Micronet focuses on renting and hosting bzz mining servers. It includes single line and multi line cabinet rental services such as Mobile Telecom Unicom. It is a professional IDC data cabinet hosting and leasing provider in Jiangsu Province, Professional services such as bzz mining server rental, bzz mining server hosting, Baidu standard customized cabinet, 48U super capacity, reduce user cabinet rental fees. If necessary, please contact Micronet.


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