Dear StorX Community,
We are excited to announce #StorXNetwork#Testnet is now live.
Participate in helping us making your testnet experience better by filling the form below ๐
https://t.co/18tPhVUzok
https://t.co/RooZppYuCd
#SRX#blockchain#decentralized#cloudstorage
Question is, was this part of ongoing developments or an embarrassed reaction to the recently reported reputation failings? Either way, we hope it solves the problems of legitimate node operators. They deserve better!
Revamped reputation logic for farmers on #StorX dApp!
Some farmers left nodes dormant after reaching top reputation, so we replicated the #reputation app in UAT environment and plan to showcase UAT nodes in the farmer UI.
Excited to test the new awarding logic and see the impact
@StorXNetwork@Handy_StorX@Prashant_Storx asking node owners who have found a loophole to give you their node IDs is beyond stupid! Node operators will be switching off their expensive VPS services in their droves! What you gonna do about it?
Are you part of a Discord community that verifies you are holding an NFT or token? Watch out for this scam! ๐จ
Scammers are sharing links to fake Discord servers that ask members to link their wallet to a bot that drains their wallet. Read more here ๐๐งต
Node owners will not get behind any talk of reducing rewards. We have been running at a loss for Months. Time to get real @StorXNetwork@Prashant_Storx@Handy_StorX give us utility!
We have received many suggestions from our community members and we are keen on presenting valuable ideas for validation with our community members:
Should StorX Tokens (SRX) be converted into Deflationary Cryptocurrency?
https://t.co/vQQT2Vyqbh
#SRX#StorX#XDCNetwork
@StorXNetwork Talk of reducing node rewards now after the year we have put in is both irresponsible and dangerous. Nodes have been steadily declining. C'mon Storx we are bleeding, try supporting the community for once!
@StorXNetwork@Handy_StorX We have a dedicated discord and yet this gets announced here? Communication still lacking. We need more information to make an informed decision. Deflationary token does not gauruntee price appreciation. We need utility to drive price.
Few Node Operators had reported issues relating to new addresses not connecting with XDCPay.
We are grateful to the #XDC Dev Team who reviewed the issue and came up with a solution.
Follow the steps mentioned in the article to get this issue sorted.
https://t.co/ZoXYYGBw7q
@TheManfromRizq @Handy_StorX@StorXNetwork@Prashant_Storx By the same logic, why burn rewards and punish operators while we are in testnet? We are not assuming anything-@Prashant_Storx has told us that nodes are in fierce competition for rep! So rep issues are down to underutilization of the network.
@TheManfromRizq @Handy_StorX@StorXNetwork@Prashant_Storx The operator didn't say why he was shutting down his nodes- for some it's because they are no longer sustainable, others are unhappy with the lack of utility which is forcing nodes to compete and lose rep- for which rewards are now being ๐ฅ
#StorXNetwork is hosting it's AMA Session with the Core Team. This month AMA is dedicated to our Storage Node Operators, who form the backbone of our community.
Kindly fill out the form below to address your questions.
https://t.co/57sZ6b5mJN
#AMA#SRX#Blockchain#BuiltonXDC
@Alan_SRX@StorXNetwork@Handy_StorX@Prashant_Storx A node generates 750 $SRX p/m, at 0.014 thatโs just over 10$. Server costs an average of $25 pm. Node owners are unstaking because it is no longer viable for many to keep losing money!
@kmag00ster@Prashant_Storx@Handy_StorX@StorXNetwork You are correct! @Prashant_Storx has recently stated that V2 is on track for Q1 of 2023. We have asked for some evidence but have not received any. We are also looking for community members who participated in mainnet testing, if you know of any?
@Prashant_Storx@Handy_StorX@StorXNetwork The number of Inactive nodes continues to grow- We have now reached over 600! Node operators, Storx are now burning your rewards through Autoclaim. Autoclaim was introduced without consultation or warning.
@crypto_retweets @Prashant_Storx@Handy_StorX@StorXNetwork You are correct, however inactive node rewards are being burnt. Currently there are over 600 inactive nodes. Some are being neglected however many have followed all guidance and yet remain inactive.
@kmag00ster@Prashant_Storx@Handy_StorX@StorXNetwork@Prashant_Storx has stated that nodes are in competition with each other. In other wirds, there simply isn't enough utility. Fine, but don't burn rewards until you can bring this utility to the network. It is storx that is at fault, not node operators.
@kmag00ster@Prashant_Storx@Handy_StorX@StorXNetwork Indeed it would be reasonable if the reputation and healthy node parameters were fair and transparent! Have a look at an inactive node- they are running, storing data and with allocs, but have zero rep.