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23176983 No.23176983 [Reply] [Original]

Are darknodes profitable?

>> No.23177092

>>23176983
Last epoch (an epoch is approx 1 month) paid about $250 in BTC. So if BTC goes to $100K, that's $2.5K. If darknode usage grows and more chains are added, then this figure could be even higher. The biggest problem is currently the team holds admin keys so it's still centralized, but that should be phased out soon enough.

>> No.23177142
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23177142

The competition will eat this alive. REN were first to market, but their solution is poor and will be phased out.

>> No.23177214

>>23177142
What's poor about it? Genuinely curious.

>> No.23177307
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23177307

>>23177214
REN's present solution is like taking a seed key and splitting the words between people. They're promising to move to a decentralised but this will require years of development. Meanwhile other teams are preparing to release their own fully decentralised solutions.

https://medium.com/wanchain-foundation/how-safe-are-todays-wrapped-btc-bridges-b0f35a7b15e2

>> No.23177522

>>23177307
Weak fud. There reasons for releasing like this have been clearly documented, and it's not going to take years of development to become fully decentralized. Here's a blog entry on it, but there's more on the ren site too.

https://medium.com/renproject/renvm-and-the-road-to-decentralisation-72213c3bee3a

>> No.23178170
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23178170

>>23177307
>wanchain
You chinahusslers never cease to bring in the comedy

>> No.23178349

>>23177092
Once it’s phased out expect ren to ten