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Before answering this question, the editor of the currency circle will first tell you what a super node is? Super nodes are called block producers in the EOS white paper. Super nodes refer to those nodes that collect, package, and verify transaction information into blocks. , which is the basis for the stable operation of the EOS network. After understanding what a super node is, let’s get back to the topic. How much is the income of a super node? Next, the editor of the currency circle will tell you about the income methods of super nodes.

 How much is the income of super nodes?

Super node income comes from block production rewards. The reward given by EOS to super nodes (by issuing additional EOS) is currently 1% per year, which is 10 million EOS. If 21 nodes share it equally, based on the EOS price of 50 yuan, each node will receive 470,000 EOS, worth 23.5 million yuan. (If EOS neither falls nor rises). Compared with the benefits, the cost is simply a drop in the bucket, so there is a scene of "countless heroes competing to give up".

Let’s briefly introduce the process of block generation in EOS. Super nodes can be understood as miners in the POW system. The block production process of EOS is similar to that of the Bitcoin system, which collects transaction information in the network and packages it into blocks. The difference is that the super nodes in EOS do not need to complete the entire workload to prove it, and can directly broadcast blocks to the network for other nodes to verify.

In the EOS system, every 126 blocks generated is one block cycle, that is, each super node should generate 6 blocks in one block cycle. During the block period, the EOS system is set to generate a block every 0.5 seconds. At the beginning of each block cycle, EOS will elect 21 super nodes based on the token voting results. Then these 21 super nodes will agree on a block generation order, and these nodes will generate a block every 0.5 seconds in this order.

If a node does not produce a block within the specified time, the block will be skipped and a timestamp gap will be left on the blockchain. If a node has not generated blocks in the last 24 hours, it will be removed from the super node candidate list. Once a node completes block production and is verified by other nodes, it can add the block to the blockchain and obtain new tokens as block rewards.

Interestingly, the white paper stipulates that the median of the expected rewards of all supernodes determines how many new tokens the system will eventually generate. Moreover, the EOS system has a rigid condition, that is, the number of new tokens generated each year cannot exceed 5% of the total token supply. There is also talk that 50% of the newly generated tokens will belong to the 21 super nodes, and the other 50% will belong to the remaining 100 candidate nodes.

The 50% figure has not yet been officially confirmed, but in the DAWN-446 proposal, Dan Larimer believes that the production rewards should be divided into three parts, respectively as super node block production rewards, backup node rewards and new proposal rewards. The specific proportion is not yet known. clear.

 Advantages of super nodes:

Super nodes are the specific practice of DPOS consensus. First of all, due to the use of a decentralized voting mechanism, DPOS is more democratic than other consensus algorithms and is not easily monopolized by large currency holders.

The generation of 36 super nodes (12 of which are reserved for future CRC) are all generated by fair and impartial voting. if
If the 36 node representatives are unable to perform their duties, for example, when it is their turn to work and fail to generate blocks in time, they will be removed from the list, and the community will select a new super node to replace them.

Secondly, due to the reduced number of nodes, the 36 super nodes operate more efficiently. It is said that under optimal conditions, one million levels of data per second can be achieved
TPS. This has completely destroyed the operating efficiency of all current public chains, and the future is immeasurable.

Although the number of super nodes is generally small, and some "decentralization" elements are sacrificed, it will not lead to the disadvantages of centralization, because any node that does not abide by the super node constitution will be rejected by democratic voting. replace.

In addition, the order of block production of these 36 nodes and the order of review of transactions across the entire network are randomly set by the system and can change at any time. This can not only upgrade efficiently, but also prevent cheating and hard forks.

The last thing to mention is that the number of super nodes can be flexible and is not permanent. When the number of super nodes cannot meet the development of the project, the community can initiate a vote to increase the number of nodes.

Through the above introduction, I believe everyone has an understanding of the benefits of super nodes. If you want to make money by becoming a super node, you need to meet certain conditions. Among them, the campaign team needs to have its own public website and have its own account in steemit. Use Introduce the campaign node information, including the campaign node name, team location, server type and possible location, list of relevant campaign team personnel, and upload at least 67% of the relevant personnel’s photos and professional background information, etc. If you want to know more relevant knowledge, you can follow the currency circle. The editor of the currency circle will continue to update relevant reports in the future!