Cartesi Reserve Mining: Why you should run a node
Cartesi's Reserve Mining is now Live, crypto enthusiasts are welcome to run nodes and participate in the Cartesi staking system. There are rewards in CTSI from Cartesi's Mine Reserve once you run a Node and Staking.
This staking system is from the PoS (Proof of Stake) system, where block producers are chosen and rewarded based on the amount of tokens they have staked.
A node is simply a program that validates transactions and blocks. Nodes is beneficial to the network as it accept transactions and blocks from other full nodes, validating those transactions and blocks, and then relaying them to other nodes.
Cartesi system is programmed to select block producers randomly based on the amount of tokens locked in the staking contract. The system automatically loads a network of Cartesi nodes.
Blocks in this the current Cartesi system are created empty, i.e. without transaction payload.
Soon enough, DApps will be able to use the full-fledged sidechain to send transactions at high throughput and low cost. And this will be as a result of Noether.
It is worth noting that the Cartesi staking system runs on the Ethereum blockchain. As a Node is been set up to produce blocks, ETH is needed to fund it for the node’s whole operation life cycle. As each block is been claimed on-chain by its producer, the node needs to spend gas to execute transactions.
Advantages of running a Node on Cartesi system.
1. Your staked token is never at risk, even if the node is down and blocks can not be produced, it can always be recovered using the Cartesi Explorer from the staking contract any time.
2. The rewards earned from the blocks produced by one’s node are not locked, they go directly to the block producer’s ERC-20 wallet.
To learn how to run a Node (step by step):
https://medium.com/cartesi/running-a-node-and-staking-42523863970e
For any questions on how to Run the node or about the $CTSI Reserve Mining, contact the team on:
https://discord.gg/45PrG3aY
Get connected to Cartesi :
Website: cartesi.io
Twitter: twitter.com/cartesiproject
Discord: https://discord.gg/brXm5sB
Telegra: t.me/CartesiProject
GitHub: https://github.com/cartesi
Creepts: https://creepts.cartesi.io
