Hefty Heimdall Changes for Service Node Operators - Loki

Changing Rules:

  • We have relaxed the Service Node deregistration rules in order to be more lenient on Service Nodes, particularly those that have previously demonstrated quality performance.

New Rules

  • All Service Nodes must now run the Loki Storage Server to receive rewards.
  • All Service Nodes must now have an accessible Public IP address and must open ports for the Loki Storage Server.
  • There is now a penalty for Service Nodes that send their uptime proofs from different IP addresses.

More Detail:

  • Each Service Node starts with 2 hours of credit.
  • Each Service Node earns 0.8 hours of credit per day of uninterrupted operation up to a maximum of 24 hours.
  • If a Service Node has been assessed to be no longer meeting the standards of the network (for example, not submitting uptime proofs) the quorum looks to see if they have any credit.
  • If the Service Node has 2 hours or more in credit, it will be decommissioned (instead of deregistered) for the amount of time it has in credit.
  • When a Service Node is decommissioned, its funds are not locked for 30 days but it is removed from the rewards pool and cannot participate in normal network functions.
  • If the Service Node starts sending uptime proofs again during the decommission period, the current quorum will detect this and submit a recommission transaction which will reset the Service Node’s credit balance to zero, and insert the decommissioned Service Node back to the bottom of the rewards list.
  • If, during the decommission period, the Service Node’s credit runs out before it can successfully submit an uptime proof, it will be deregistered.

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