Below is the list of technical questions and responses from the technical team led by Shawn this Thursday:.
05 May 2022, 13:46
Below is the list of technical questions and responses from the technical team led by Shawn this Thursday:
1) People want also know which steps are still needed to start the final audit and the hackathon.
Shawn: As we have covered in the previous AMA, MultiVAC conducted a code audit and found some important issues during the audit, which we are still developing and trying to solve. Some problems are more complex, involving the underlying architecture and consensus algorithms, and the amount of engineering development is relatively large, so it is difficult for us to quickly fix them. We're still in development, and we'll do another code audit when we're done fixing existing issues. No specific dates are planned yet. We will share the specific timetable with you after major technical issues are resolved.
We are in the preparations for Hackathon, and there are currently no technical obstacles. We will choose a suitable time according to the activity of the community and the time of the technical team.
2) Shawn: Currently only one shard is activated. If the usage on the network is high, the shard-split behavior will be triggered. Is this meaning that MultiVAC is ready to support unlimited Shards? Out of my view this would be huge.
Shawn: There won't be an infinite number of shards. Instead, a shard can be split into two, and then one of the two can continue to be split into two, or two can be split into four. Splitting needs to be based on network load.
3) What are the computer technical needs to operate a node. (What do I need to purchase?)
Shawn: The current hardware requirements are Linux operating system, dual-core 2.0GHz CPU, 1GB memory, 512Kbps network bandwidth (both upstream and downstream must meet this standard). It is not expected to be higher than this standard.
4) How many Multivac will I need to operate a node?
Shawn: 1 million. There are many voices in the community suggesting to reduce the number of staking for a single node. We are still considering it and have not made a decision to change at this time.
5) I wanted to build a smart contract to send tokens but there is an upper gas limit per transaction which limit it to just ~480 transfers per call. Any plans on increasing that or any more details?
Shawn: Yes, our current gas limit for a single transaction is about 4 million. We think it is sufficient for the time being. When necessary in the future, we can consider increasing it, but at this stage we still need to carefully observe the operating status of the network. Increasing this limit will significantly increase the size of a single block, which will affect the broadcast speed of the block and cause a larger delay.
6) How does MTV intends to provide long-term rewards to stakers or nodes. With actual APR there would be about two years of coins in the reserve. What mechanism will be put in place?
Shawn: We are working on it and are already developing it. But I can't share more information with you at the moment until all the details are formalized.