MasterNode Scaling...
- Thread starter camosoul
- Start date
Macrochip
Active member
@splawik21 does not host "2/3 of all Masternodes" and to suggest so is nothing short of crazy. None of the links you've provided even remotely hint at that claim.
billyjoeallen
Member
You're gonna quibble over details? The data shows clear centralization. I never said Splawik by himself hosts 2/3 of MNs. I said hosting services LIKE Splawik's. Stop fixating on a goddamn fraction and pay attention. How the hell does running even TWO masternodes in the same datacenter help the network? It doesn't. The whole concept was that we could be our own banks.
Macrochip
Active member
The data shows clear decentralization. No single provider hosts a significant portion of the network alone. The largest one owns a mere 17%. How is that "centralized"? That's not even enough to feasibly trace a 4-round PrivateSend (chance: 0.09%).
Splawik offers shared nodes. You're saying 2/3 of all Masternodes are shared nodes. That's how everyone including solarguy understood your statement. If you wanted to say 2/3 of all Masternodes are with commercial hosting providers like Choopa, AWS, OVH etc. which are very distinct from what Splawik and MooCow are offering, then say that instead of confusing people by conflating two entirely different business models.
Easy: Two nodes are twice as powerful as one. That's why it helps the network. "Same datacenter" is completely irrelevant as long as the nodes are distributed among many other providers as well. And they are as the data shows.
Economic reality is this: Masternode owners want to pay as little as possible for hosting. Users of the network expect the best performance possible. Commercial VPS providers offer high bandwidth, high-speed connections for cheap prices. The incentives are clearly laid out and the success of Dash speaks for itself. Nothing about that goes against being your own bank. Or do you keep your 1000 Dash collateral with the VPS provider?
billyjoeallen
Member
It's not a shared masternode if you expose your private key. You are basically renting out your Dash to someone who uses them as MN collateral. Whoever has the keys owns the node.
Splawik offers TWO services: 1. MN hosting where the fee is lower but you can keep your private keys, provided you have 1K dash and 2. what you are calling "shared masternodes" where you give him your key meaning you become a dash lender and get a tiny rate of interest in exchange for risking your entire stack. so half the business model is the same.
Splawik offers TWO services: 1. MN hosting where the fee is lower but you can keep your private keys, provided you have 1K dash and 2. what you are calling "shared masternodes" where you give him your key meaning you become a dash lender and get a tiny rate of interest in exchange for risking your entire stack. so half the business model is the same.
And, so far as I can tell, the data you give us still provides no evidence that anything like a majority of MasterNodes fall under either of Splawik's services.