How to limit EOS witness overselling capacity ?

transisto (74) in eos • 8 years ago (edited)

What will be limiting the ability of EOS witness nodes to oversell their resources ? Network capacity benchmarks ?

In the context of STEEM,

If 20 nodes all with an average capacity of 30 000 Tx/s set their blocksize limit to something that would equate 300 000 tx/s if 100% of SP was being used to fill blocks.

If 30% of steem is in STEEM Power, and 5-10% of SP is ever being used at once. It mean witness have a temptation to oversell their resources by 20-50 times.

It could be disruptive to some dapp business models if they were promised a stable or even ever increasing network capacity but being early and alone on the network, were being over-delivered bandwidth relative to the number of EOS tokens they hold.

@dan

eos eosdev cryptocurrency dapp

8 years ago by transisto (74)

$80.01

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edb (59) · 8 years ago (edited)

Is there an incentive for EOS witnesses to oversell their capacity?

Steem witnesses who fail to create blocks will not get paid and will probably lose votes.

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transisto (74) · 8 years ago

Well they could claim they have more powerful setup than they actually have to gain votes and fail to deliver should need be. Seems like the only way to theoretically max out the network is to use 100% of EOS tokens, which is never going to happen. So some level of overselling is to be expected.

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2 votes

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altcointrends (46) · 8 years ago

Perfect image to go with the content - explains it so well.

Some good questions you pose. Sadly, I guess there is no way to test this - we would need to cross that bridge when we get to it. It will be interesting to see how it plays out.