TestNet Node Operators Requirements and Incentive Plan

Published in

COTI

3 min readJan 27, 2020

In order to scale full node operations, COTI requires a good testing ground for its nodes on its TestNet. The benefit for COTI in such testing is immense and in order to compensate TestNet node operators for their time and effort and for their contribution to our research and development, COTI will allow such node operators to stake 100K MainNet COTI coins for a 10% per annum return.

We thank you for participating in our plan to change the digital payment industry!

Requirements and Incentives:

To be eligible for 10% annum return, TestNet Node operators are required to:

Fork the coti-node repository — this is required only if you plan to change the code or participate in our bug bounty program.
Set the user hash and domain name in the node property to verify and monitor node operator activity
Insure 95% uptime of the server for the preceding month
Connect with COTI TestNet wallet to your Full node and make at least 20 transactions per month
Be attentive to any version changes and upgrades required for the node
Be available for deployment of new patches and fixes as soon as such are available

Following some of our community members’ requests, we have decided to allow running a TestNet node from restricted countries as well. Those located in one of COTI’s restricted countries will be able to run a TestNet node and thus be a part of the COTI ecosystem and test the technology. However, such participants will not be able to stake and earn rewards.

Extra incentives:

Report bugs and deploy issues in the GitHub

Offer improvements and changes in the code base through GitHub

Build unsupported test units for the code base (coti-node/crypto-library/coti-wallet) through GitHub

Guides and code review for the code base (coti-node/crypto-library/coti-wallet)

Program Rules

For all extra incentive please provide detailed reports with reproducible steps. If the report is not detailed enough to reproduce the issue, the issue will not be eligible for a reward.
Submit one vulnerability per report, unless you need to chain vulnerabilities to provide impact.
When duplicates occur, we only award the first report that was received (provided that it can be fully reproduced).
Multiple vulnerabilities caused by one underlying issue will be awarded only once.
Make a good faith effort to avoid privacy violations, destruction of data, and interruption or degradation of our service. Only interact with accounts you own or with the explicit permission of the account holder.
COTI may change the incentive plan every now and then, please remain up to date with this document

Important notice!
If you are already running a TestNet node and wish to participate in a Community node staking pool as well, please open a new CPS account for the Community node staking. Staking for TestNet and for a Community node from the same account is not possible.

Once again, thank you for participating!

To learn more about how to run a Full node on COTI’s TestNet network, please refer to the guide below: