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RE: Investigating NOIA: Blockchain's Network of Internet Acceleration

in #noia • 6 years ago

Nodes will be capable of becoming Master Nodes via a proof-of-stake (PoS) mechanism.

This aspect seems very interesting to me.
How would the selection of work nodes be made to be accepted as master nodes?
We know that PoS contemplates the possession of chips. But how would they perform the hardware evaluation?
Would we assume the fact that the more work done (PoW) - the greater hardware performance?
The 100% decentralization plans are just around the corner, I imagine that this selection of future master nodes should already be underway.
Very complete your article. It really is a tremendous piece of writing.
I congratulate you.

6 years ago in #noia by
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     6 years ago  

    Thanks @creativeblue
    From the whtiepaper:

    Stage 3 - Beta version - 2019 Q2 ...
    ...
    Decentralization of Master Node network. Developed and tested smart contracts will enable autonomous system - Worker Nodes will be able to become Master Nodes based on certain parameters and proof of stake mechanism.

    Those "certain parameters" are still a year or so away. I have not found anything final about this and NOIA does mention that it will adapt its long range plans based on how things progress.

    I am unsure where you are going with PoS and PoW. What I can say is that PoS allows a major player with a lot of money to enter a blockchain investment easier than with PoW.

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