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when striking a balance between minimizing PoW and user-friendliness, we have the following considerations
re-initializing storage has to be more expensive than storing data
reasonable initialization time for smeshers to join
doesn't cause creating many small identities
below is a proposal from @tal-m that attempts to disincentivize creating many small-unit identities.
this is proposed with the context that we cannot implement proper ATX incentives before genesis.
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Right now, IIRC, we have
how to set ballot_gas_price. (If we make it the same as the layer's gas price, then we might have some weird incentives -- but I haven't thought about it too deeply)
whether/how to burn and/or distribute the storage costs for ATXs. One way to do it is to simply redistribute in the same layer:
For your point about "weird incentives" are you referring to an idea where people don't participate in PoST for a layer if they feel that there are too many people participating and too many nodes to split the cake with?
Maybe a solution could be force people to stake some tokens at the beginning of a PoET round before they know how many people are going to participate?
Description
when striking a balance between minimizing PoW and user-friendliness, we have the following considerations
below is a proposal from @tal-m that attempts to disincentivize creating many small-unit identities.
this is proposed with the context that we cannot implement proper ATX incentives before genesis.
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Right now, IIRC, we have
The idea is to do this instead:
The open questions are:
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