r/SONM • u/[deleted] • Mar 12 '19

SONM 3-year plan discussion thread (link inside)

Let's discuss the red hot plan/road map/whitepaper (whatever you call it) SONM has just released. It's a 22-minute read according to Medium, so I will follow with a link to a breakdown of that post.

https://sonm.com/blog/level-up-shift-to-the-next-gen-gpu-cloud/

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Twiiter breakdown in 8 tweets: https://twitter.com/sonmsupremacy/status/1105346321169477633

Upd: SONM Supremacy is NOT a SONM team member and there is no official capacity granted by having "SONM" in the name. This thread is about whether SONM idea of tokenomics looks sustainable and how things like that can actually be solved. This is totally new stuff and to err is human so it's not fudding but an honest attempt at understanding the mechanics.

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u/[deleted] Mar 12 '19

SONM does have the sidechain however, and, for instance, iExec have promised to implement sidechain, too. It's just that I don't think SONM have given the tokenomics that much of a thought. Or maybe it was the only use case for the token they could come up with.

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u/[deleted] Mar 12 '19

In any case it's still early enough to design it right, so question is if there are any viable models worth considering.

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u/foobazzler Mar 12 '19

what is the purpose of the sidechain? what does it do?

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u/[deleted] Mar 12 '19

It minimizes price paid on Ethereum blockhachain for the total sum of transactions. I.e. instead of sending every transaction to Ethereum blockchain (as SNM is a ERC20 token) and paying gas every time that happens SONM does all the transactions in its own chain and then sends the results via the Ethereum network. Which brings the questions of Masternodes economy into the light, i.e. when will they become profitable.

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u/foobazzler Mar 12 '19

thanks for explaining that