Splinterlands - SPS Utility Leaks

4

  • 85
  • 1
  • 24.226
  • Reply

  • Open in the desktop app ADD TO PLAYLIST

    cryptollamatv

    Published on Apr 05, 2022
    About :

    In my latest video we take a look at the most important take-away from one of the latest AMA's - Validator Nodes.

    The concept of validator nodes is quite simple, it's really just an effort to completely decentralize the Splinterlands ecosystem. It's like crowd sourcing all the servers for the game so that they are no longer centralized, but rather, powered by tens of thousands of different users across the globe all working on the transactions for the game. This will help two fold as the Splinterlands team will not only be able to focus solely on the quality of their product, but they'll also be creating and implementing a solution to scale the platform.

    As an incentive, validators will earn SPS rewards for hosting these nodes. You can view the whitepaper here for more about the distribution for these rewards: https://sps.splinterlands.com/distribution

    Licenses will be released incrementally, but there will be a presale before the validator system is live that will allow players to get in by purchasing with their SPS and Vouchers. This is another cause for buying pressure for vouchers and SPS because they will both be required to purchase these nodes. Furthermore, the SPS used to purchase these validator nodes will be burned! Burn baby, burn!
    As more validator licenses are released and purchased, the cost of these licenses will also go up incrementally, meaning more SPS will be burned.

    Right now, we can only speculate on what the initial outlay will be for each of these licenses. Many factors will need to be considered. Matt made a suggestion of $1000 USD plus vouchers but this was just an off-the-top-of-the-head number. I imagine this will entirely depend on the number of validator nodes, the cost per node, and the value of SPS at the time.

    It's incredibly exciting to hear about these new changes as they will surely increase the value of current Splinterlands asset holders.

    What are your thoughts on these validator nodes, and where do you think the price of SPS will go in the future?

    You can join my Technical Analysis Classes here:
    https://donorbox.org/llama-s-memberships

    If you haven't played Splinterlands or are interested in the game, sign up using this link:
    https://splinterlands.com?ref=cryptollamatv

    You can also:
    Join the conversation in Discord: https://discord.gg/Nut5FkW6fA

    Tags :

    splinterlands splintertalk spt playtoearn play2earn 1up oneup spl sps dec hive hivegaming steemmonsters monster-curator leofinance pizza hive-engine ecency

    Woo! This creator can upvote comments using 3speak's stake today because they are a top performing creator! Leave a quality comment relating to their content and you could receive an upvote worth at least a dollar.

    Their limit for today is $0!
    Comments:
    Time until cryptollamatv can give away $0 to their commenters.
    0 Days 0 Hours 0 Minutes 0 Seconds
    Reply:

    To comment on this video please connect a HIVE account to your profile: Connect HIVE Account

    More Videos

    01:05
    2 views 2 years ago $
    01:00
    0 views 3 years ago $
    06:20
    6 views 11 months ago $
    14:30
    4 views 2 years ago $
    01:49
    3 views a year ago $