With the release of the latest version of EOS, EOSIO Dawn 4.0, on May 5th, the progress of the EOS SuperNode campaign is also progressing. In April of this year, Ant Mine Pool announced its election for EOS AntPool. As an old mining pool under Bitcoin, the entry of the Ant Mine Pool pushed the EOS SuperNode campaign to a new climax.
Why is the ant mine pool involved in the EOS super node competition that does not require mining? What does it mean to participate in the EOS SuperNode competition for Bitcoin? Tian Xin, co-founder of Ant Mine Pool, told Babbitt that participating in the EOS super node competition that does not require mining means breaking the original barrier of the ant mine pool. In the future, the ant mine pool will create a diversified, decentralized, democratized (DemocraTIc) and more inclusive platform for the community.
The following is the full text of the dialogue:
8btc: Everyone saw the news that the ant mine pool participated in the election campaign. They were curious. Why did they participate in the EOS super node campaign that did not need mining?
Tian Xin: From 2009 to now, Bitcoin has been born for 9 years. At the earliest time, the community only knew bitcoin and only played bitcoin. Other coins were collectively called altcoin, and later the rise of Ethereum Litecoin and so on. Gradually recognized by more people. Then there was the expansion of the fork, the birth of the BCH, and the subsequent emergence of ICO, IFO, are constantly stimulating my thoughts. A strong contrast is that in 17 years, PoW has been arguing with DPoS and PoS. I am standing on the PoW side. Later, with the advent of the bear market, the community has increasingly raised the contradiction between PoW and DPoS. I am thinking about whether I should think about it from another angle and tolerate all possibilities, because existence is justification. So I did not hesitate to devote myself to EOS. I want to use our power to solve and balance these two ecological communities.
8btc: Following the previous question, the biggest advantage of the ant mine pool lies in the “mine.†If you remove this factor, what are the advantages of the ant mine pool campaign? Compared with other candidates, where are your shortcomings?
Tian Xin: In fact, our strength lies in two aspects: the precipitation of the first PoW field, we have a strong community, united miners, and abundant resources. Secondly, we have been running the PoW mine for 4 years, supporting more than 10 kinds of currencies, and have a strong technical strength. If we have to say short board, it is a short time for us to enter this field. Only ten days, many other EOS node candidates have been exposed to graphene technology before.
8btc: In the campaign declaration, “We have already developed towards a diversified platform long ago, and we have invested in EOS and other fields.†What has been done in the ant mine pool to participate in the campaign? What other plans are there in the future?
Tian Xin: In fact, the ant mine pool only supported the mining of a coin - Bitcoin, and later supported Litecoin, Ethereum, Ethereum and so on. There are now more than ten kinds of things. In fact, from the beginning of supporting the second currency mining, the ant mine pool has developed towards a diversified platform. Now we have decided to put a part of our energy into the EOS field. In the future, we will develop a lot of smart contracts and Dapp based on the PoW mechanism in the EOS ecosystem.
8btc: At the beginning, when the big V announced the election, the media analysis was for a generous reward. After the reward program was adjusted, everyone’s estimate of the node reward was different. What is the annual reward for the ant mine pool calculation? What is the cost of operating a super node? Will there be a situation where revenue cannot cover the cost?
Tian Xin: The reward of the node? Not deliberately calculated, we are not directed at these rewards. The officially released node reward should be around 1%. The cost of node maintenance is hardware cost, the cost of personnel is thrown away, and the operating cost is thrown away. In fact, there is not much left.
8btc: EOS is very concerned and also subject to many questions, such as the centralization of 21 nodes, how to look at the ant mine pool? Does this violate the spirit of decentralization of the blockchain?
Tian Xin: In fact, there is a concept behind each mechanism. The PoW workload proof mechanism is the best decentralization proof, but his mechanism will encounter bottlenecks in payment. EOS is very strong in the payment field, but weak centralization is a problem. If the Byzantine mechanism is really implemented, EOS can reach a million TPS. So whether it's PoW, PoS, or DPoS, it's a way to reach consensus.
8btc: Can you give a few examples to show how powerful the 21 nodes are elected in the future? How to check and balance between ordinary users and super nodes?
Tian Xin: Two-thirds of the 21 nodes, that is, about 15. You can attack the main chain of EOS, you can spend doubles and so on. There are two checks and balances: there will be 100 spare nodes in the first place. The second user can vote for the election. But in the end, it depends on the team or organization that operates the super node.
8btc: Outsiders commented that there are “Chinese bribes†in places where there are Chinese people. Will there be a problem of bribery in this election? How is the Ant Mine Pool going to attract votes?
Tian Xin: This question is very sharp. I came from PoW. If we can't even convince ourselves, how can we convince others? First of all, the first driving force of human beings may be the benefits. Of course, it is not encouraging everyone to conduct bribery. For example, if a node candidate hatches some DAPPs while participating in the election, it can indeed achieve economic improvement. It is also good for the entire ecology of EOS. On the other hand, if some users vote for you based on their interests, they also indicate a few points: the candidates either have strong financial support, or they have high technical level or strong endorsements, so the so-called "bribe election" also scores from which angle. Finally, I believe that the Constitution really needs to be more sound and gradually improved.
8btc: What do you think about the development prospects of EOS, where is the biggest risk of EOS in the future?
Tian Xin: The most attractive thing about EOS is the million-level TPS and smart contracts. If these two really continue to develop well, this will be a big challenge for other mechanisms. The biggest risk of EOS lies in human management. Why do you say that? For the 21 main node campaigns, every candidate must be very cautious. Although some constitutions have gradually introduced restrictions on nodes or people, there is still no perfect and reasonable constitution or campaign system. The concept of PoW is to decentralize first, then select people, so there is a later expansion of the fork - the emergence of BCH. EOS is the first to select people who have the ability to contribute to the community and the overall ecology in the future, and then talk about decentralization. So EOS has to be extra careful when picking 21 master nodes, because the overall support of the future depends on these people.
8btc: In addition to joining the EOS Super Node campaign, the Ant Mine Pool has also joined the Super Representative campaign of the Wave Field. What is the consideration?
Tian Xin: Because regardless of the PoW currency or EOS, the wave field has his different ideas behind his back. We want to know, want to absorb other people's ideas and opinions, try to look at some different issues from the perspective of the other side, this is our biggest gain.
8btc: As mentioned in your campaign declaration and introduction, the ant mine pool wants to do a fusion community. Can you talk about the meaning of it? What does “integration community†mean?
Tian Xin: In fact, a large part of the miners will hold a variety of coins, including EOS. Many of the strong supporters of EOS started out as miners, so I think these two mechanisms can be largely integrated, because many people first dig bitcoins, or they are speculating bits. Coin. But what EOS wants to do is different from Bitcoin, and each coin has its own different ideas. So we want to be a supporter of PoW, PoS, or DPoS, community developers, miners or ordinary enthusiasts, and many community members who have ideas, capabilities, and lack of financial support, can be provided through the Ant Pool. The platform contributes to a force that belongs to him and builds a beautiful blockchain ecosystem.
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