Zentanode - Off-$CHAIN-Miner IoT
The Zentanode Paradigm Shift
The operation of Zentanode introduces a distinct paradigm shift from the traditional approaches of cryptocurrency mining, such as the system utilized by Bitcoin. A primary feature of Zentanode's system is its unique reward distribution mechanism, where rewards are meted out at the beginning of each month, a period referred to as an "epoch." This mechanism represents a break from the Bitcoin's Proof of Work (PoW) consensus protocol, which is essentially a competition among miners to solve complex mathematical problems.
Sustainability & Depreciation
Contrary to Bitcoin miners, Zentanodes are not centrally managed mining machines and therefore, do not lose value over time due to hardware depreciation or advancements in mining technology. This is a significant departure from traditional mining operations, where equipment can rapidly become obsolete as more powerful and efficient mining machines enter the market.
Network Expansion
Furthermore, the growth of the Zentanode network is carefully planned and strategically limited. Unlike the continuous, unregulated expansion characteristic of Bitcoin miners, the Zentanode network stops adding new nodes once it has sufficient coverage across the largest cities and countries. Each city or country is allocated a specific number of nodes, ensuring a balanced distribution and efficient operation of the network. This approach contrasts sharply with traditional mining networks, where the number of nodes can grow indefinitely, leading to potential issues such as network congestion and longer transaction times.
Advantages
The carefully planned growth strategy of the Zentanode network yields several key advantages. Primarily, it prevents the devaluation of individual Zentanodes due to network oversaturation—a frequent issue plaguing traditional mining networks. Furthermore, it incentivizes the strategic deployment and maintenance of Zentanodes by awarding those who actively participate and contribute to the network's stability.
Reward Distribution
The reward for maintaining a Zentanode is granted in the form of CHAIN tokens, claimable through your Ethereum wallet every 31 days. This process underscores the integration of Zentanode's system with Ethereum's smart contract technology, allowing for seamless and secure transactions.
Slashing Mechanisms
However, the Zentanode system implements a form of penalty for nodes that go offline for more than a day—a situation referred to as a "heartbeat fall." In such cases, the reward due to the node is "slashed" or reduced, a condition that can persist for up to two weeks until the node is reactivated. This slashing mechanism acts as a deterrent, discouraging operators from intermittently participating in the network and ensuring a steady, active node base.
Node Activity
To reap the full reward, it's imperative that a Zentanode remains consistently active and online. The design of this system promotes the Zentamesh stability and regular participation, simultaneously managing the network's growth to a sustainable number of nodes. This balance of incentive and penalty, combined with strategic growth planning, positions the Zentanode system as an innovative and sustainable approach to blockchain network management.
Exclusive Offers
Don't miss out on the opportunity to become a part of the Zentanode community. By subscribing and creating an account on Zentanode, you open the door to a world of benefits. To welcome you to our network, we are offering a 5% discount on your first order. This discount applies to any product in our lineup, providing you with a perfect start on your Zentanode journey.
Thanks & Best Regards Zentachain Team!