Tales from WAVES

in waves •  7 years ago 

Hello, i am the owner of node WavesLease; a brief summary of what's happened this week in WAVES land follows:

Several things have cropped up this week that will influence the future of WAVES nodes, possibly making them more profitable. Complaints from the node owners that forging blocks is currently a loss-making activity has triggered several actions both by the larger nodes (WAVESGO, WAVESNODE.NET) and the WAVES developers:

  1. The WAVESGO and WAVESNODE.NET nodes have lowered the percentage of dividends sent to lenders, generating several divestments and loans to smaller nodes. As a result, our stake has been increased to 134,000 WAVES

  2. Seems the WAVES developers have found a fairer distribution algorithm that will make smaller nodes generate more blocks (the current algorithm favors the larger nodes, causing them to forge more blocks than they should). No date has been set for this release and eventual activation;

  3. The WAVES developers have started again to reward the nodes with 10 MRT for each forged node.

If you want to contribute to the network decentralization, lease your waves to small nodes you can find at this address: http://dev.pywaves.org/generators-monthly/

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