this post was submitted on 03 Aug 2023
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nanogarden

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I'm running a little experiment... The nano.garden faucet!

To participate:

  • Be registered in the nano.garden instance

  • Associate a public nano address with your account in your profile settings

  • Make comments

For every comment the faucet should deliver 0.01 XNO to your account!

There is a cooldown period of 2 minutes between comments and a maximum amount of nano per account set to 0.5 XNO every 24 hours.

This is a very alpha version... Let's see how it goes!

The faucet address is: nano_1ex1zqsdyqc3heiifc9sqc8pd8zmamkp3awgd5gwfejx9teqownw5fxrhgg5

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[–] [email protected] 2 points 1 year ago (2 children)

Very interesting idea for a faucet!

[–] [email protected] 3 points 1 year ago
[–] [email protected] 2 points 1 year ago (1 children)

Thanks!

As we have seen from the recent Reddit drama, user comments are monetizable and valuable. So it makes sense that users get paid for their contributions! :

Of course, it wouldn't be sustainable for me to personally to pay everyone for their comments forever. And 0.01 XNO might prove to be too high. But the idea is to design a system where everyone who wants can contribute to the faucet pool, and this pool is distributed to the users that participate in the community. So, besides the direct tips that a user might give to a user that helps them, users can contribute to the community as a whole.

But to make the system work there would have to be some good anti-exploit measures that still need to be worked out. I am also interested in learning how to minimize the amount of trust on the person that keeps the faucet's private key.

[–] [email protected] 2 points 1 year ago (1 children)

Do you run a node yet / plan to? Concepts are still simmering in my brain but would like to delegate my receiving account to an associated node, I think that's the direction this type of thing may eventually flow towards.

[–] [email protected] 1 points 1 year ago

I am running a node, but it is currently a "non-voting" node and I am using it for processing the blocks for the comment-nano faucet.

Eventually I do want to turn it into a voting node, but first I want to run it for some time to ensure that it runs smoothly.

Concepts are still simmering in my brain

I have been studying nano these past weeks so many of the concepts are fresh in my head, if you need help understanding something I might be able to help!