panthro.rafael
over 1 year ago  Karma: 0
What are the incentives for public nodes on this blockchain if there are no GAS/ETHER in transactions?

As you guys have mentioned, there are no gas fees on transactions in the sidechain.

So what's the incentive for public nodes to run it if they will not receive any gas fees?

blockchain
dapps
gas
fee
panthro.rafael
over 1 year ago  Karma: 0
What are the incentives for public nodes on this blockchain if there are no GAS/ETHER in transactions?

As you guys have mentioned, there are no gas fees on transactions in the sidechain.

So what's the incentive for public nodes to run it if they will not receive any gas fees?

blockchain
dapps
gas
fee

3 ANSWERS
lagogui65
about 1 year ago Karma: 4638

At the moment Loom is doing the validators
Later will be opened to public who stakes 100,000 looms
Public validator charge fees from developers' looms

At the moment Loom is doing the validators
Later will be opened to public who stakes 100,000 looms
Public validator charge fees from developers' looms

k.cheecharern
over 1 year ago Karma: 30

From my understanding, this is done as a prototype using Delagated Proof of Stake mechanism (where essentially the DappChain team is still owning all of the nodes), hence there is still no requirement for gas just yet. And according to their archictecture, they use a JS library to sign a transaction directly on the blockchain.

delegatecall architecture

From my understanding, this is done as a prototype using Delagated Proof of Stake mechanism (where essentially the DappChain team is still owning all of the nodes), hence there is still no requirement for gas just yet. And according to their archictecture, they use a JS library to sign a transaction directly on the blockchain.

delegatecall architecture

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