Node Program
Run the Node
Participants in the Node Program set up and maintain their own node hardware or cloud-based nodes that connect to and support the CityDAO blockchain. Key aspects include:
Node Setup: Participants can set up nodes using hardware provided by CityDAO or through approved third-party providers. Comprehensive setup guides and support are available to ensure that nodes meet the necessary technical specifications.
Consensus Participation: Nodes play a role in the blockchain's consensus process, which may involve mechanisms such as Proof of Stake (PoS) or Delegated Proof of Stake (DPoS), depending on the specific design of the CityDAO blockchain.
Continuous Operation: Node operators are expected to maintain continuous uptime to ensure reliable network performance and transaction processing.
Benefits for Node Operators
Running a node in the CityDAO ecosystem offers several benefits:
Rewards: Node operators receive compensation in the form of $CITY tokens or other incentives based on their participation and the transaction fees processed by their nodes. These rewards are designed to offset operational costs and provide a financial incentive for contributions to network health.
Governance Participation: Operators often have the opportunity to participate in governance decisions, influencing the development and rules of the CityDAO ecosystem based on their stake and role within the network.
Enhanced Security: Participants contribute to and benefit from the collective security and robustness of a decentralized network, protecting their investments and the integrity of the CityDAO platform.
Requirements and Commitments
To ensure the effectiveness and security of the Node Program, CityDAO sets specific requirements for participants:
Technical Specifications: Operators must meet certain hardware and bandwidth specifications to handle their node's operations efficiently.
Operational Standards: Nodes must adhere to high operational standards, including regular updates and patches to maintain security and performance.
Commitment to Uptime: High availability is critical, with expectations clearly outlined in the terms of participation to ensure that nodes are online and functional to support the network consistently.
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