The held back fees are described in the T&Cs as being based on a percentage of the Storage Node Fees accrued during such defined time periods of the nodes life and cover the first nine months using a quarterly sliding scale. With the logic being that the sum accrued will cover the repair costs of th…

I think the held back amount shouldn’t be considered to be directly related to paying for needed repairs. It is partially used for that, but it’s just one of a few reason it exists. First of all I think it is good to know that it really doesn’t cover the repair costs in almost all situations. It’s …

It’s good to hear there is just a 90% requirement for the graceful exit process. This detail has not made it into the T&Cs, where instead it is just described in 8.5.2.2 as “complete a Graceful Exit” and in 4.1.8 as “Storage Materials stored on the Storage Node shall be uploaded to the Storage Servi…

[image] rit: The current fee structure is just so open to marketing attacks and could be made so much clearer and fit for purpose in the future. You should read this topic. [image] Tardigrade speed, bugs and bug bounty program Developer Discussions 1 month passed af…

[image] BrightSilence: First of all I think it is good to know that it really doesn’t cover the repair costs in almost all situations. It’s simply not enough usually to pay for repairing the data. But that’s good for both sides, because now the SNO and Storjlabs both have an incentive to keep re…

[image] rit: I not sure about the “it really doesn’t cover the repair costs” part [image] Design Draft: Storage Node Graceful Exit design draft The math is a bit more complecated. Lets take a simple example. A network with 80 storage nodes. All the storage nodes are…

Thanks, that validates my view/numbers for the node side of the process and may even indicate that they are operating with a 35 block minimum rather than the 45 block minimum I used. The write up you link too indicates that the real cost comes from the operational design decisions that were at leas…

Last numbers I’ve seen showed repair being triggered at a 55 pieces left. I think this number moves around a bit. But currently held back amounts have been higher than they would usually be due to surge payouts. A node with a lot of space and good bandwidth would usually have at best $50 held back o…

[image] BrightSilence: A node with a lot of space and good bandwidth would usually have at best $50 held back of which half would be paid back after 15 months. It’s that part of the current ‘process’ that makes the whole things so variable as the end sum is not based on a repeatable calculati…

[image] BrightSilence: A node with a lot of space and good bandwidth would usually have at best $50 held back I would think that was pretty self explanatory. And yes that means it will have much less held back in the scenarios you described. I based this on the calculations in my alternative…

So what am I missing regarding held back fees!

Node Operators

Alexey June 14, 2020, 12:38pm 6