October 7, 2024
Refining the Points System for Fairness and Transparency
General
The latest points update was a pivotal step towards enhancing fairness and incentivizing active participation within our network. By refining the way flops are accrued, we aimed to address immediate challenges that users were facing, such as discrepancies in point distribution and issues with node uptime tracking.
The positive impact of this update is evident in several ways:
Fairer Point Distribution: Users are now rewarded more accurately based on their actual contributions and uptime, fostering a sense of fairness and transparency.
Improved Node Stability: We've implemented fixes that reduce unexpected node shutdowns and uptime counter resets, ensuring a smoother and more reliable operation.
Increased Community Engagement: Your enthusiastic response has not only boosted the number of active nodes but has also strengthened the network's computational capabilities.
However we recognize that there are still areas needing improvement.
Addressing Current Challenges: Our Path Forward
Understanding the issues faced by our community is crucial. We have listened to your feedback and have developed a comprehensive plan to tackle these challenges head-on. Here’s how we are addressing the current problems and the features we are working on to enhance your experience.
Empowering You with Tier Flexibility
Many of you have expressed frustration over being unable to move beyond Tier 5, despite having the hardware capabilities and the desire to contribute more to the network. This limitation has prevented you from maximizing your potential contributions and earnings.
Our Solution: We are developing a new feature that will allow you to manually select and allocate into any tier you desire, including unlocking Tiers 1 and 2. This user-defined tier selection empowers you to decide how much VRAM you wish to contribute, aligning with your hardware capabilities and participation goals..
Ensuring Fairness with Multiplier Corrections
Some users experienced issues where the Liveness Multiplier (LM) was not being slashed correctly or was incrementing beyond the limits set for their tier. This led to inconsistencies in point accrual, affecting the fairness of the reward system.
Our Solution: We have identified and are currently fixing the bugs affecting the LM calculations and slashing mechanisms. The multiplier will soon adher to the maximum limits defined for each tier. Additionally, we will implement additional checks to prevent future discrepancies.
Enhancing Node Stability and Uptime Tracking
Issues with nodes not properly registering uptime or missing intervals were causing discrepancies in point distribution. Users reported that nodes would shut off and restart automatically, resetting the uptime counter and hindering multiplier growth.
Our Solution: Significant improvements will be made to the node software to enhance stability and prevent unexpected shutdowns. We are reiterating on the uptime incrementation logic to ensure accurate tracking of continuous operation.
Recognizing Your Past Contributions with Retroactive Rewards
Long-term users were concerned that their historical uptime and contributions were not reflected in their current points balance, feeling that their prolonged efforts were unrecognized.
Our Solution: We are introducing a retroactive rewards system to compensate you for your past activities. Enhanced point multipliers will be awarded based on historic uptime prior to the points update, ensuring that all your efforts since joining the network are acknowledged. We will share detailed information about the calculation method and distribution schedule to maintain transparency.
Looking Ahead
Our commitment to continuous improvement means that we are always working on new features and enhancements to elevate your experience. Here’s what you can look forward to:
Insightful Data Visualisations: Soon, you will have access to interactive visualisations of your points data, uptime, and performance metrics right on your dashboard. This will provide valuable insights into your contributions and help you track your progress over time.
Data Export Capabilities: We are implementing options for you to download your activity data as CSV files. This feature allows you to conduct personal analysis and keep records of your participation.
Transparency with Multiplier Logs: A detailed log of your LM changes over time will be available, offering greater transparency and helping you understand how your actions impact your rewards.
Enhanced Communication Channels: We recognize the importance of staying connected. An official communication channel is being launched to improve interaction, provide timely updates, and allow you to share your thoughts and feedback directly with us.
Your Voice Matters
Your experiences, insights, and suggestions are invaluable. We encourage you to share your thoughts through our upcoming feedback mechanisms. Together, we can build a more efficient, user-friendly network that serves the needs of all community members.