3 Steps to Becoming an MXC Supernode
Becoming an MXC Supernode has a number of benefits. Together Supernodes improve a globally recognized wireless standard, enabling new features largely requested in LoRaWAN communities. This means there is a global, non-crypto related demand for the blockchain enabled functionality provided by MXC Supernodes. Add staking opportunities, referral rewards, quarterly returns and MXC Insights to the mix and working as an MXC Supernode Operator becomes a really attractive opportunity. Here’s how to apply to become an MXC Supernode.
Complete our Online Form
Navigate to https://www.mxc.org/l/supernode-apply and review the information there. Running a supernode has a lot of benefits, but it also holds a lot of responsibility, but with great responsibility comes great rewards. Each successful application will need to run their supernode for a minimum of one year. There will be penalties if a supernode chooses to leave the network early.
It is also important to note that your quarterly return as a supernode relies heavily on the number of transactions processed by the supernode. We will provide tools to help you successfully promote your supernode, but it’s important to note that self promotion is a necessary part of becoming a successful MXC Supernode.
What Voters Consider
MXC Supernodes are chosen by MXC holders during a public vote. It is the core responsibility of a Supernode to carry out data network coverage tasks, brand awareness and hold events to attract users to their individual Supernode to attract more data transmissions. These are a few items voters will likely consider when choosing their preferred supernode.
When looking at reliability, voters want to see that there are failover systems in place in the event that a system goes offline. These aren’t difficult to set up, and they ensure that the supernode is able to reliably support LPWAN devices in their country.
Supernode hosted on a platform such as AWS, or Google Cloud Console offer a monthly uptime of at least 99.99%. This will likely be adequate.
Carry Out Network Coverage Tasks
MXC Supernodes do not require a lot of processing power or storage in order to maintain reliable service for your country. A server running a dual-core, with 4GB of RAM, 20 GB of storage able to send 1000GB per month should be adequate.
Brand awareness and ability to attract users
This is where voters really differentiate the applicants. Setting up and running the MXC Supernode software is only the beginning. You also need the ability to promote your supernode. Why should people use your supernode? How do they hear about you? For those with a substantial following, this will be a benefit to you as an MXC Supernode.
Naturally MXC and MXC Stakers will globally promote the MXC solution, however, it is in the best interest of each supernode operator to localize and promote MXC in their individual countries to increase transactions, thereby increasing both operator and staker returns.
Let the Voting Begin
MXC Supernodes are chosen in a voting process. Successful applicants will be listed, and the MXC holding community will vote for the preferred supernode. To vote, community members will deposit MXC towards their favorite supernode. If that supernode wins the voting process, then the votes will be deposited as stakes in the winning supernode.
We’ll keep you informed on the process. You can learn more about MXC Supernodes by reading the supernodes article written by our co-founder Aaron Wagener.
Originally published at https://blog.mxc.org on September 3, 2019.