Increase the farming difficulty level for new nodes #10

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opened 2024-05-22 13:47:46 +00:00 by mik-tf · 0 comments
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Proposition

  1. Farming difficulty and Proof-of-capacity: farmers get POC rewards based on 0.08 farming registration price (farming difficulty level)
    1. We increase the farming difficulty for newly registered nodes when demanded by the DAO
    2. As a first step, we increase difficulty level to 0.10 USD (25% increase in farming difficulty)
    3. As TFT utilization grows, its price should increase and the DAO should naturally vote to increase the farming difficulty level.

References

Part of the community brainstorm to improve the 3.0 decentralized grid.

https://threefold.info/tfgrid3/tfgrid3/gep_comm_brainstorm.html

Notes

Previously here: tfgrid/circle_engineering#47

# Proposition 1. Farming difficulty and Proof-of-capacity: farmers get POC rewards based on 0.08 farming registration price (farming difficulty level) 1. We increase the farming difficulty for newly registered nodes when demanded by the DAO 2. As a first step, we increase difficulty level to 0.10 USD (25% increase in farming difficulty) 3. As TFT utilization grows, its price should increase and the DAO should naturally vote to increase the farming difficulty level. # References Part of the community brainstorm to improve the 3.0 decentralized grid. https://threefold.info/tfgrid3/tfgrid3/gep_comm_brainstorm.html # Notes Previously here: https://git.ourworld.tf/tfgrid/circle_engineering/issues/47
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Reference: tfgrid/circle_feedback#10
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