Official release: Swarm is not locked and not pledged to dig and sell

The official video conference explained that bzz does not require pledges and is not locked. It can help miners solve the zj turnover problem by selling it as soon as it is mined.

The official release: Swarm is not locked – not pledged! Swarm main network is also online, the official video conference to explain that bzz without pledging, and not locked positions. The main network of swarm is also online through a video conference. This also accelerates the development of swarm ecology.

Official release: Swarm is not locked and not pledged to dig and sell

[Analysis] What does Swarm price have to do with it?

After the release of Swarm v1.0 on June 21, bzz’s nightly trading was opened and the opening price went up from $1.9 all the way to $28. Everyone cares about price every day, so today we’re going to dissect what Swarm price has to do with? Bzz node program contact vx: yaxin6698 handy to teach you to build!

According to the Bonding Curve (joint curve) mechanism and Swarm-specific Bonding Curve mechanism projection, Bonding Curve mechanism here need to explain what is Bonding Curve (joint curve) mechanism.

The Bonding Curve mechanism: The definition of the Bonding Curve first appeared in a paper on the curation market by Consensys member Simon de la Rouviere, and then the Bancor protocol introduced “smart money”, which led to the formation of the Bonding Curve contract.

A co-curve contract based on the curation market protocol allows for automatic market making in token transactions based on a predetermined price curve.

Deflation Destruction Model Swarm

Bonding Curve mechanism will destroy Xbzz on XDai if bzz is in price decline or in trough phase, then when Xbzz is destroyed, its bzz on Ether mainnet will also be destroyed 1:1. so maintaining the price range of bzz by destroying the deflation model is actually the performance of bzz price downturn period. Bzz node program contact vx: yaxin6698. the future ecological build up shape, the coin price will definitely pull up.

Minted incremental Swarm model

For the corresponding incremental situation, if more money wants to enter swarm and raise the price of swarm, then swarm in order to maintain the stability of the ecology, the price of bzz exchanged when the price rises rapidly (minting price is lower than the price of the trading market), other users will increase the number of bzz through Ether or DAI minting and trading on the exchange.

Official release: Swarm is not locked and not pledged to dig and sell

How much hard disk space do users need?
Official Answer: The size of hard disk space is important, Bee node storage contains two systems, namely “reserve” and “cache”. The “reserve” can hold 23 times 2 chunks (chunk: the standard data storage unit in Swarm), which is about 34GB.

The size of the “cache” is user-definable, but the default size is 4GB.

Another part of storage space is needed for storing and running Bee nodes, which takes about 5GB.

So the specific hard disk space needed is about 34GB + 4GB + 5GB + a small amount of free space = about 55GB. bzz node solution contact vx: yaxin6698 for guidance on building.

Swarm’s storage and reward mechanism
Official Answer: For each Bee node, the size of “reserve” is fixed, while the size of “cache” can be adjusted, and its size is also related to the data capacity of the whole Swarm network. Once the cache reaches a certain size, it does not mean that the larger the cache is, the more it will be rewarded, so it can be said that from the point of view of revenue, it is not advantageous to have a particularly large capacity on a node.

In addition, Swarm has a feature called “pinning” that pins specific data to the user’s local node, and this pinned data becomes part of the user’s storage and cannot be deleted by the Swarm network. If the pinned content is not in the “reserve”, additional storage space is required to store it, in other words, if the user wants to pin postage stamped content, additional storage space is required for it, which is responsible for storing the postage stamped content. expired content.

In general, “reserve” is a necessary component to maintain the Swarm network, while “cache” exists to speed up data transfer and reduce expenses, so even if no node does Therefore, even if there is no node for “cache”, the Swarm network can be established as long as “reserve” exists.

Do I need to pledge BZZ to run a node?
Official Answer: No, currently users do not need to pledge BZZ to run a Bee node, they can run a Bee node with 0 BZZ and then potentially win rewards for serving the network.

It is entirely possible to join the Swarm network with 0 BZZ, and users can become node operators without deploying a checkbook (chequebook), although if users want to deploy a chequebook, cash out checks (cash out) or buy postmarks, etc., then users will need xDai with BZZ.

Of course, the fact that pledges are not required in the current version does not mean that they are absolutely not required in the future. Please stay tuned for future iterations on Swarm’s next incentive mechanism.

The company’s main business is to provide a wide range of products and services to the market. The company’s main goal is to provide a solution to the problem of the Internet’s three major problems: transmission, storage and computing. The bzz was created specifically to solve the storage problem. Therefore, the value of bzz is definitely not the current price, it is seriously undervalued. Of course, now the Ether has also plummeted to 1700u, the boss is having a bad time, the little brother can only temporarily suffer a little aggravation.

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/official-release-swarm-is-not-locked-and-not-pledged-to-dig-and-sell/
Coinyuppie is an open information publishing platform, all information provided is not related to the views and positions of coinyuppie, and does not constitute any investment and financial advice. Users are expected to carefully screen and prevent risks.

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