Production mode of BZZ: V (HBlan413)
Swarm’s production mechanism is different from traditional blockchain projects. Instead of traditional blockage, the nodes interact with the queen bee nodes to generate BZZ rewards, which are proportional to the frequency of data interactions between the queen bee nodes.
For example, an ecological user publishes a task (such as 100 BZZ traffic charges) and then completes it through the BEE node. After the node interacts with the data of the queen Bee node, the 100 BZZ will be distributed according to the contribution value of both parties in proportion to get the task reward.
Swarm, as it’s colloquially known, acquires tokens by offering rewards for missions. Only when the ecological application side publishes the task, the node participating in the completion of the task can get the corresponding task reward.
Factors affecting output:
The Swarm project is a decentralized storage and distribution system built on the Ethereum ecosystem. The goal is to provide sufficiently redundant and decentralized space, and sufficient and stable bandwidth for data storage and information interaction among the various dApps on the ecosystem.
As you can see, Swarm has both storage and distribution capabilities, which requires a lot of bandwidth, storage and computing power on each node.
Bandwidth: Interacts with the master node to produce BZZ
Storage: User payment node BZZ stores data
Communication: user payment node BZZ retrieves data
Decentralized transaction channel: BZZ on the side chain is exchanged with ERC20 BZZ on the Ethereum main chain
Currently, BZZ is issued on Ethereum mainchain and XDAI side chain, respectively. The BZZ on both sides is a 1:1 mapping, connected by a Bridge. For the sake of distinction, we will temporarily refer to the Bzz that is published on XDAI as xBzz.
About Swarm Bzz
1, when can the formal BZZ mining?
A: Mine production is expected after August.
2, Can you talk about the impact of bandwidth and CPU on digging BZZ?
Answer: the test network run down, the bandwidth on the output is really a big impact. The profit of BZZ miners depends first and foremost on flow.
3. Swarm Mining Ordinary People Can Participate? Or must I buy professional mining equipment?
A: At present, ordinary people can also dig at home on their computers, just as BTC was able to dig at home in the early days, but gradually, the bandwidth and network stability of the home can not compete with the professional miners.
4. What is Swarm’s current market price range? Include the miner on the market now probably can divide into which a few big categories?
A: There are two categories of miners that offer physical machines and cloud nodes, each with its own advantages and disadvantages.
Now on the main network, tomorrow will be able to give money?
Answer: Probably not, the whole July is mainly to complete the migration of the test network to the main network, and the ore production is expected in August.