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pocketnetteam / pocketnet.core

Decentralized social network based on the blockchain
https://pocketnet.app
Apache License 2.0
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How node operators are rewarded? #73

Closed 611642 closed 2 years ago

611642 commented 3 years ago
  1. I see "Available coins count 11" in logs, how to claim it ?
  2. How node operators are rewarded?
dmaltsiniotis commented 3 years ago

Hi @611642,

I'm new to Pocketnet, but I will try to answer some of your questions based on my recent learnings:

Regarding 1, the message you see is unfortunately very misleading. That doesn't mean there are 11 coins ready to be claimed, it just means that there were 11 transactions to your staking wallet. Staking (or winning pkoins) is an automatic process as long as everything is set up correctly. You can check to see how many pkoin's you've "won" by running the following command in the console (on windows): getstakereport or if you're on Linux from the terminal: pocketcoin-cli getstakereport. Also, make sure that when you run the getstakinginfo command that it says enabled: true and staking: true.

For 2, depending on how much PKOIN you have put into your staking wallet, every so often a node operator "wins" a staking event, and is paid out ~5 PKOIN. How often this happens depends on how much is your wallet. It can be anywhere from once a month to once an hour. There are some other incentives as well, depending on how long you've operated a node and how dependable is it, but the core team would need to weigh in on if those programs are still active.

Thanks,

-DM

611642 commented 3 years ago

thanks for answers, but can i stake without node ?

dmaltsiniotis commented 3 years ago

thanks for answers, but can i stake without node ?

A "node" just means to run the pocketcoin software on a computer somewhere. As long as you have pocketcoin core running on a computer that is consistently connected to the internet, then you'll be able to earn stakes. Of course, there are a few prerequisites as well: You must have at least 50 PKOIN in your staking wallet, and your node/pocketcoin core software must be accessible to the internet on certain ports (37070, 38081, and 8087 by default.) I would visit the readme for more comprehensive setup instructions.

It's advisable to run a node on a dedicated server so it stays up and you have the best chance at winning a staking event, but it can be an old laptop that is always on, or an actual dedicated server, as long as it has a reasonably stable internet connection.

walkjivefly commented 3 years ago

I did some calculations a month or two ago. iirc you need around 2700 PKOIN to average 1 stake reward per day.