Matt Luongo
Matt Luongo
Variables that might impact price discovery * Per-node deposits * Keep sizes * Price per operation * Price per block
To simplify pricing initially, we can only offer a single keep size. We can also collapse price per block and price per operation into one variable using something like this....
We're now down to two floating parameters, `BasePricePerBlock` and `BaseKeepNodeDeposit`. The two are related- the price per block divided by the number of nodes gives us the reward for each...
Staked providers * Lock up funds with a minimum 2-week withdrawal time * Can participate in random beacon for chance to operate a new keep * If chosen, can operate...
We have some other tools to punish misbehaving providers, including requiring a larger deposit from them than the rest of the nodes in a keep (using their stake public key...
In particular, show addition (local node share only) vs multiplication (requiring a round of network I/O)
After discussing in-depth with our advisors, it's difficult to imagine not implementing at least two protocols- one for arithmetic and one for boolean circuits- or more based on specialized functions....
Hint: https://medium.com/@mhluongo/zero-knowledge-proofs-zcash-and-ethereum-f6d89fa7cba8
Hey @hivoltazh, do you have specific plans here? Otherwise planning to close this out.
Closing as stale.