CREATOR SPOTLIGHT. Next up is @Crypto_Proph .
08 Nov 2023, 15:47
✨CREATOR SPOTLIGHT ✨
Next up is @Crypto_Proph !
He's a loyal member of the Bolt+ community and if you're ever in need of good chats and a laugh, head over to his stream for some epic BigTime playing and generous giveaways!
Same news in other sources
108 Nov 2023, 16:02
How does the Cover Traffic App economic model work? And how are your rewards for running a node calculated?
Here’s a walkthrough of the entire model:
It is important to note that the budget and other parameters may change over time to maintain an approximate 10-15% APR even when more transformed stake enters the network.
Also, these are not the only rewards you earn on the network, as every packet of data relayed for services using HOPR will also earn you $HOPR.
Finally, to keep fixed costs low, you can use the same VPS to run multiple nodes, so using multiple nodes is usually always the optimal strategy as long as your VPS can handle multiple nodes. To run more nodes on the same VPS, simply change the port mappings as documented here:
How does the Cover Traffic App economic model work. And how are your rewards for running a node calculated.
How does the Cover Traffic App economic model work? And how are your rewards for running a node calculated?
Here’s a walkthrough of the entire model: https://youtu.be/ziixus3iRUE
It is important to note that the budget and other parameters may change over time to maintain an approximate 10-15% APR even when more transformed stake enters the network.
Also, these are not the only rewards you earn on the network, as every packet of data relayed for services using HOPR will also earn you $HOPR.
Finally, to keep fixed costs low, you can use the same VPS to run multiple nodes, so using multiple nodes is usually always the optimal strategy as long as your VPS can handle multiple nodes. To run more nodes on the same VPS, simply change the port mappings as documented here: https://docs.hoprnet.org/node/using-docker#run-multiple-nodes-with-one-device