While there is competition to become a delegate for the main chain, there will be plenty of demand to run delegates for the sidechains.
Thank you for your answer; however it is
earning Lisk I am interested in, and since
it's almost impossible to become a delegate of the main Lisk blockchain, can you point me to a sidechain which will allow me to earn Lisk for securing it?
. We currently do not have anywhere near 101 people running testnet nodes.
https://testnet-explorer.lisk.io/delegateMonitorJust click on "Status" to do a sort and look at the block of red dots. You can start a testnet node tonight and turn one of those red dots into a green dot with your name beside it. You wanna become a Lisk Mainnet Active Delegate when forging rewards eventually get turned on? Do your testnet homework
now. Go to lisk.chat, start hanging out at #testnet, and direct message joel that you want to run a testnet node. The people running testnet nodes now are the
only Liskers who are going to have sufficient experience to run mainnet nodes soon.
I won't get paid for running testnet, right? from what I see I'll be stuck there forever:
I am looking at the delegate monitor - there is just no way I can get in: already 632 delegates on standby! Almost all current delegates are the same guy (or seems like it): some guy called genesis - seems this one guy whale takes up everything.
my first impression of DPOS is not positive. No room for the little gal I am.
It is actually possible (although difficult) for a delegate to gather 14M votes right now, and take a spot of one of the genesis delegates.
This would be easier if people withdraw their Lisk from poloniex and vote.
Withdrawing your Lisk to a local wallet and voting, is not only good for decentralization of the network, but also much safer for your funds.
Yeah, especially since nearly 38% of all Lisk is on Poloniex atm. That's fucking dangerous to the health of the coin as a whole…
Btw, can someone clear somethign up for me? I've read a bit about delegates and you mostly read about renting a VPS and using that. But doesn't that mean that you rent the hardware of some serverfarm? Isn't that pretty… well, centralized? Or am I missing something? Are there people out there who run delegates on their own hardware?
On a different note, I have a RaspPi 2 laying around. Any chance that this thing can be used as a delegate (maybe for sidechains?)?
The amount of Lisk 1 delegate can forge in 1 month depends only on the server that he has, meaning specs and uptime?
More or less. As a delegate, you get 5 LSK(at least that's the last number I remember) every 17 minutes, plus transaction/other fees. So it's pretty much fixed. Specs don't really play a role(as long as the server is capable of fulfilling the task), uptime obviously does.
Edit: Amount of Lisk corrected
Cool idea to run a delegate on a raspberry pi. If the internet connection in your home/office is stable, then running delegates on your own hardware would help decentralize the network away from data centers.
More or less. As a delegate, you get 15 LSK(at least that's the last number I remember) every 17 minutes, plus transaction/other fees. So it's pretty much fixed. Specs don't really play a role(as long as the server is capable of fulfilling the task), uptime obviously does.
Thnx for the info! So basicly this would mean that daily around 128k of Lisk will be forged? It would be 46 million Lisk a year so i guess i made some math mistake?
What is the benefit of having more servers? Is it just to be sure that you have 100% uptime as a delegate or it can bring you more Lisk?
Most delegates have 1 primary server for mainnet and 1 primary server for testnet. Many also have secondary/backup servers, which run nodes with forging disabled. Forging can be quickly switched from primary server to secondary server, in order to avoid missing blocks if the primary server goes down.
Having additional servers can bring in extra money if they are used for running sidechain delegates. The "decentralized and public delegate marketplace" is outlined in the second section from the bottom of this blog post. Really a great idea:
https://blog.lisk.io/what-is-lisk-and-what-it-isnt-e7b6b6188211#.diyrmz5yr
