Node safety
What happens when your node gets hacked? Does the attacker have access to my Waves?
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The main purpose of LPOS (Leased Proof Of Stake) is that your Waves will never leave your wallet. We do not own it, we cannot spend it, we cannot transfer it, we are only authorized to use it for forging. In case of a breach there isn't anything to steal because we do not have your Waves.
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Leasing & Payouts
I am leasing to your node, when do I receive my share of the assets?
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Every weekend (mostly on Friday, sometimes on Saturday) is our "payday". For the reward calculations and payout we use the LPOS script provided by the well known and respected Waves user Hawky.
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I am leasing to your node but I did not receive any fees and/or assets
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To receive fees and/or assets you need to have an active lease to our node. When a lease is send to the network is takes around 1000 blocks (~ 16 hours) for it to become active, every block forged in this time period is not included in your reward calculation. After ~ 16 hours your lease will become active, every block forged from that moment on will be shared with you.
Please note that at the time of writing this article we are a (still) a smaller node, thus meaning we are forging less blocks then the bigger nodes out there. Is this a bad thing? No, we don't think so. For example: A big node forges many blocks each day, but because there are many users you will only receive a small percentage. A smaller node forges a few blocks per day (or even a few per week) but because there are only a few users you will get a much bigger share of the block rewards. |
Can I see which blocks are forged (found) by the node?
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Sure, why not? Please use this link to see which blocks are forged by our node. Enter our node address and press enter.
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Waves Tokens
I would like to know which tokens your node accepts as a payment fee.
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Since the introduction of "Sponsored Transactions" our node accepts all tokens as a valid payout fee. This is due to the nature of the "Sponsored Transaction", any token needs to have an amount of Waves to cover transactionfees. This means that even if we process a transaction with a fee token that is not Waves, we still receive Waves from the fee-token-creator as payment meaning you (leasers) get maxium ROI.
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