Q1: Anyone know what amount of INT would currently get you into the top 100? In order to get non Thearchy rewards do you need to run a node as in always have your computer on or use VPS? Or can it be like NEO and you just need to hold your INT in a wallet in order to be able to vote?
A1: How to get you into the top 100 depends on the number of votes rather than the holdings of INT. After you successfully register as a candidate node, you will be added to the node list and need not to continuously run the node. As long as someone continues to vote for this node, you could become a reward node (not a Thearchy node) based on the number of votes.
Q2: Will it be displayed how many people are voting for each node in terms of sharing ratio?
A2: All voting information is stored in the block. Users can check it on the explorer. In future we will improve the data visualization for users to conveniently view the information.
Q3: If I don’t change the next hour then my vote remains in place and continues? In that case would I keep the int mortgaged the whole time?
A3: Yes, you are right.
Q4: Can one not mortgage 100 INT and select yourself as one of the 20 nodes?
A4: You can vote for yourself, but no matter who you vote for, you have to mortgage your INT first.
Q5: To get the votes from other people. Do they create articles? advertisement? community based in telegram? mouth to mouth?
A5: This depends on the candidate node.
Q6: Can the mortgage be used for other purposes than voting as well?
A6: At present, the mortgage is only for the purpose of voting.
Q7: Will every TheArchy node generate the same number of blocks?
A7: In a voting cycle, the blocks are generated by 13 Thearchy nodes in turn. In theory, if all 13 nodes can normally generate blocks, they should generate the same number of blocks.
Q8: how are you gonna deal with chain size data? how much gb are you expecting int blockchain to store per day? could china firewall cause congestion problems with foreign nodes?
A8: We have set the limit of block and tx. How much data is generated each day depends on the transactions on the chain. China’s firewall has a certain impact on network connectivity, but we have made corresponding adjustments on our P2P protocol. Currently congestion has not occurred in the heterogeneous network.
Q9: Will all candidate nodes, regardless of reward/Thearchy status, require a static IP?
A9: Frequent IP change will affect the connectivity of the node. It is recommended to choose static IP.
Q10: What is the minimum broadband requirement for running a candidate node in the top 100 that’s not Thearchy? Would a typical home broadband connection be accepted?
A10: A typical home broadband connection is enough to be the top 100 candidate nodes except for Thearchy Nodes.
Q11: “There is no lock-up period and users can unmortgage them at any time.” What’s stopping a user from trading their INT tokens daily, and only mortgage in their tokens during the round of voting and reward snapshot, then un-mortgage them again for trading?
A11: Once a block is generated, the system will record the rewards in real time. All rewards will be issued by the system within 7 working days.
Once a voter cancels the votes for trade, it will not affect the rewards before the cancel but affect the rewards after the cancel.
Q12: “If a Thearchy Node did not generate any block during a consecutive 2160 blocks generation period, it would be automatically removed from the node list and disqualified from block generation in the current and next 24 rounds (about 24 hours). We will immediately launch a temporary election.”
How will this election be carried out?
A12: This temporary election will start after the current round of voting.
Q13: Could you confirm that the first 13 Thearchy Nodes will be controlled by INT?
A13: At the beginning of the node election, there will be 13 Genesis Thearchy nodes. Once the votes of an eligible candidate node exceed any Genesis Thearchy node, it will become a new Thearchy node. The previous Genesis Thearchy node will be replaced.
Q14: Can the number of Reward nodes be extended over the Top 100 in the future as the number of Thearchy Nodes increases?
A14: The future node plan will be updated according to the performance of the main chain and the development of the community. The number of Thearchy nodes and reward nodes would be changed by then, and the specific timing and quantity depend on the actual situation of the main chain and the community.
Q15: Could you set-up a cap (limit) to the number of votes one can use for him-self? Especially for the Thearchy Nodes.
A15: There is no limitation.
Q16: Could you confirm that, in one INT wallet, when voting for other candidates the INT ratio is 1 INT = “x” votes. With “x” being the number of candidates, up to 20. Also, every INT used to vote for our-selves has a 1:1 ratio, meaning once used for us it can not be used for anyone else?
A16: 1 INT equals 1 vote. 1 vote shall be given to 20 different candidate nodes at most. I will give an example for you to better understand it. If your wallet contains 30 INT, you can mortgage them and earn 30 votes. These 30 votes can be given to 20 different candidate nodes at most. Each node will win 30 votes and you can just vote once for each candidate node. In addition, these 30 votes cannot be divided.
Q17: Will the first Thearchy Nodes share their rewards with their voters? If so what % do you have in mind?
A17: Whether or not the first Thearchy Nodes and all the subsequent Thearchy Nodes will share their rewards is determined by the Thearchy Nodes. We can’t estimate it.
Q18: Would you be able to run multiple Thearchy nodes? If so, might that create an unwanted situation?
A18: Thearchy nodes require high hardware configuration and votes. If you have the strength, you can run multiple Thearchy nodes.
Q19:Can we use VPS for nodes or do we need to run it on our own hardware?
A19: You can use a VPS or a physical server.
Q20: Does faster hardware and Internet connection lead to higher rewards?
A20: No. In theory, as long as the Thearchy nodes can generate blocks in turns, the reward is the same.
Q21: Does a Reward/Super Node ranked #20 Get the same payout as a node ranked #80?
A21: Not the same. The specific reward depends on the ratio of votes obtained in each round of voting to the total votes of the top 100 candidate nodes.
Q22: Does top100 get part of the 20% “voting node” rewards as well?
A22: 20% pool reward are distributed by the INT Foundation to all voters, regardless of whether it is the top 100 candidate nodes.
Q23: How do you plan to avoid the emergence of cartel, like Lisk and Eos ?Also, can one single entity have various Terarchy nodes ? That would be an issue.
A23: The design of 1 vote to up to 20 candidate nodes is to prevent the emergence of cartel, like Lisk and Eos.
Except for the INT in the exchanges that cannot be voted currently, we now have more than 80,000 wallet address users. We believe that these users will rationally vote for the candidate nodes with complete information disclosure, great network configuration, and normal function of bookkeeping and block generation.
Q24: As described in the Incentive Details, “for each block, the Thearchy Node will receive 1.9025874 INT.” Should this amount be distributed among the 13 Thearchy nodes? If yes, how would it this be? Equally, depending on performance features or anything else (ranking,…)?
A24: It won’t be distributed among the 13 Thearchy nodes. The reward belong to the Thearchy node who generated the block.
Q25: When a node receives INT rewards, can we choose which wallet the reward goes to?
A25: At present, the system will automatically grant the reward to the node address (namely the wallet address) instead of other addresses.
Telegram Official | Telegram Investors | Medium | Twitter | Facebook | YouTube | Reddit | Steemit| Quora | Bitcoin Talk
