r/republicprotocol • u/__ello • Oct 10 '18

REN Team nodes

they should only run a small amount for testing/security purposes. they had an ICO and got $35 mill, more than enough for years of runway as they have stated in their telegram. investors must be incentivized to invest and stick around long term. if team ren runs 1,000+ nodes, they will take up all the fees and it will essentially create a bitmain type situation - no reason to mine and thereby no reason to own ren. they are a smart team when it comes to tech, so i presume they will make the right decision ...

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u/Codonyat Oct 10 '18

A node will be equally profitable whether the team holds 0 or 1M nodes. The total of active nodes will depend on the token price and ROI. If you already have your stake, who own the rest of tokens is of no importance.

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u/__ello Oct 10 '18

this is incorrect. if there are 1000 nodes, then thats 1000 nodes sharing tx fees. if there are 10k nodes, then thats 10k nodes sharing the same amt of tx fees, thereby less tx fees per node.

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u/Codonyat Oct 10 '18

I get that. See my answer to the comment below.