Is PoDC 1.0 staking requirement superior to PoDC 2.0?

Proof of Distributed Computing (PoDC) stake requirements

When Proof of Distributed Computing (PoDC) v1.0 was retired, the stake required for BBP was at a ratio of 20 BBP to 1 RAC. Now with PoDC 2.0, the stake requirement has changed to ^1.3 BBP per 1 RAC.

Which is better?

Each approach has their pros and cons. The exponential stake requirement can introduce splitting CPIDs which allows rewarding BBP for BOINC work units with fewer BBP staked.

With a fixed BBP stake of 20:1, there was no incentive to split CPIDs.

You can see below with ^1.3 stake requirement, you need less BBP on the low end. This can encourage greater participation compared to the fixed stake requirement of 20 BBP. Around 21.8k RAC is when 20 BBP ends up requiring less. So, the old scheme would have benefited the high RAC whales and pool. The new scheme encourages participation from a diverse pool of individual PoDC miners. In the current scheme, if someone with a high RAC wants to maintain one CPID, they would have to pay a premium to do so.

Of course, since you can always split CPID if  you do not care about world rankings for WCG, it may be difficult to discern whether a CPID is actually a unique individual or one person with 10 different CPIDs.

RAC 20 BBP ^1.3
1000 20,000.00 7,943.28
2000 40,000.00 19,558.66
3000 60,000.00 33,132.76
4000 80,000.00 48,159.06
5000 100,000.00 64,366.66
6000 120,000.00 81,582.43
7000 140,000.00 99,684.46
8000 160,000.00 118,581.51
9000 180,000.00 138,202.30
10000 200,000.00 158,489.32
11000 220,000.00 179,395.06
12000 240,000.00 200,879.50
13000 260,000.00 222,908.36
14000 280,000.00 245,451.93
15000 300,000.00 268,484.14
16000 320,000.00 291,981.93
17000 340,000.00 315,924.71
18000 360,000.00 340,293.97
19000 380,000.00 365,072.97
20000 400,000.00 390,246.48
21000 420,000.00 415,800.57
22000 440,000.00 441,722.46
23000 460,000.00 468,000.36
24000 480,000.00 494,623.35
25000 500,000.00 521,581.30
0 0 vote
Article Rating
0 Comments
Inline Feedbacks
View all comments