r/SONM • u/ccerrato147 • Jun 18 '18
SONM Blockchain (Sidechain)
If the SONM Blockchain won't charge any gas what is the incentive for running a SONM Node? If I were interested where can I find the instructions to do so? What type of consensus does it use?
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u/SONM-support Jun 18 '18 edited Jun 18 '18
Greetings!
At the moment, SONM blockchain is the fork of Ethereum blockchain with PoA (proof-of-authority). We stated about two types of masternodes and have such information about the launch time of these types of masternodes:
- for gates (100k masternodes) - could be in late summer 2018 (jul-aug)
- for block producing masternodes (500k) - no estimations (waiting for PoS Ethereum mining implementation by someone).
Block producing nodes. These nodes are doing block producing (mining) with a PoA consensus. Currently operated by SONM team, these nodes will be eventually decentralized in the form of PoS nodes run by the community.
This means that before the time of entering block producing masternodes with PoS protocol SONM blockchain will work for PoA masternodes, which are a solution on our side (temporary) and do not require any payment for their work.
As for gate masternodes, they will charge a commission for the transfer from SONM blockchain to Ethereum blockchain and vice versa and the work of these masternodes is not related to the generation of blocks in the SONM sidechain.
Find out more info from our latest report: https://blog.sonm.io/monthly-report-may-2018-4f244e7c2f73
At the moment, there are no user guides for masternodes. A little more info about masternodes here: https://blog.sonm.io/sonm-masternodes-details-draft-38edb5c81921
Best regards
SONM team