baconesq Profile picture
23 Sep, 12 tweets, 2 min read
$PRE mainnet aiming for end of November but 100% before end of year - @colinpape
$PRE Staking amount for nodes increase happening pretty soon it seems - no date yet
$PRE moving to presearch.com soon for marketing reasons
$PRE current nodes will be grandfathered in if made before the new staking amount requirement (no date yet)
$PRE in 2018 the EU found google abused their market power - part of their settlement with the EU all new android phones can select $PRE as their preferred search engine
$PRE use cases - nodes, crawling, indexing, search staking (show you're a real person), negative keyword staking, position staking (ads on search's & external sites), etc.
$PRE working on a few more exchanges for more distribution - especially US exchanges
$PRE - node locations - rewards will increase as incentives to fill gaps in future for certain node locations
$PRE nodes when mainnet launches - will not be 1:1 as search volume increases on mainnet - it is complex - BUT increase searches will increase node rewards - does need to be economically sustainable
$PRE node setup - they will make it easier to launch nodes - maybe partnership with @Strongblock_io $STRONG - could be launch a node as a link and choose where want to launch a node with drop down selection for VPS provider
$PRE VPS costs - short term to mid term - cheap VPS's will work - @colinpape knows it needs to be profitable - want the nodes to always be "lightweight"
$PRE next few weeks there will be a few updates as mainnet launches - updated staking amount for nodes - 95% done with mainnet, just touching it up now - partnerships to be announced

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More from @baconesq

25 Sep
Overview of @WithoutTheRope weekly AMA in the $STRONG Telegram ⬇️⬇️⬇️
$STRONG Q: i would like to know if we will need nft to create new nodes in the future or only for boosting rewards and early access?
$STRONG A: @WithoutTheRope You will need NFT’s for early access to new protocols
Read 93 tweets
18 Sep
Overview of @WithoutTheRope weekly AMA in the $STRONG Telegram ⬇️⬇️⬇️
$STRONG Q: What feedback have you gotten from Sentinel? Would they like to have more nodes from the Strong community? Do you see a benefit to Strong as a community or company to deploying more sentinel nodes beyond the rewards that they’re not yet prepared to offer? $DVPN
$STRONG A: @WithoutTheRope We’ll be talking with Sentinel again next week. We’re waiting to find out when they will provide node-based protocol rewards. However, we are working on a new overall approach for ALL protocols that may alleviate some of the rewards issues.
Read 69 tweets
11 Sep
Overview of @WithoutTheRope weekly AMA in the $STRONG Telegram ⬇️⬇️⬇️
$STRONG Q: Do you have any news about the new models and the start date for the new protocols? Were excited to hear it from you!
$STRONG A: @WithoutTheRope As I mentioned last week, the new models are now evolving with different kinds of pools and income.
Read 90 tweets
4 Sep
Overview of @WithoutTheRope weekly AMA in the $STRONG Telegram ⬇️⬇️⬇️
$STRONG Q: Hi David could you give us any updates on any changes to node rewards . As I believe you and the team have been working on ways to make the project sustainable with halvings?
$STRONG A: @WithoutTheRope We have several models. Working with our advisors, we’re trying to come up with a hybrid model that will include validator and other pools. These pools would in turn contribute to the sustainability of rewards.
Read 123 tweets
28 Aug
Highlights from $STRONG AMA with @WithoutTheRope:
- Swiss economics advisor yesterday said that he thinks if were able to implement the ideas we have right now - we could go to infinity (rewards pool)
- Next protocol will be released soon. The press release is being prepared now
- We may move to Polygon or Fantom - many low gas choices for running EVM
- Will likely need $STRONG & $MATIC to create nodes for @0xPolygon
- Teams tokens locked until July 1, 2023, with quarterly releases & can only be safely sold into the market by a third party market maker
- Team working on making nodes straight from your rewards - wont have to claim then create a node
- New protocol reached out to @Strongblock_io team last week and within 15 mins they had an agreement - thanks to the node army spreading the word
Read 4 tweets
28 Aug
Overview of @WithoutTheRope weekly AMA in the $STRONG Telegram ⬇️⬇️⬇️
$STRONG Q: hey david for polygon protocol, will nodes be created using matic? same with rewards or?
$STRONG A: @WithoutTheRope Were talking about that with Polygon. We met with them this week. Our preference would be a combination of STRONG & MATIC contributed & rewarded. Were looking at going deeper with Polygon on NFTs as well as their infrastructure. Nothing committed yet.
Read 88 tweets

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