Ambrosus: Cryptoeconomics Update & Masternode Onboarding
Ambrosus has made a couple of updates to some of their nodes while also started onboarding masternode users. To read more about the Ambrosus masternode collaterals, have a look at our Upcoming: Ambrosus Masternodes article.
To run a node, users are expected to go through the following steps:
- Fill the “Masternode Application Form”
- Shortlisted applicants will receive a personal invitation, as well as an agreement form
- Upon acceptance, node-specific instructions will be sent to you on how to set up your masternode on AMB-NET.
It is worth noting that the onboarding process will first take users through a test-net, and only those that qualify will be relocated to AMB-NET 1.0. Vlad Trifa, in an official blog post, noted that:
In the coming months, we will be onboarding new masternode applicants, first to the Ambrosus test-net in order to allow operators to gain familiarity with the tooling and operations of a masternode, without risk of drawing penalties from the network. This is so as to ensure that the operators who are allowed onto the network are aware of their duties and how to best perform them.
The company also made some updates to its Hermes Nodes. Hermes node allows users to build and run industry-specific applications on top of AMB-NET. Interestingly, the community edition of the Hermes node is now free, meaning you do not have to deposit any fee to run a basic Hermes node on mainnet. However, there is a “Hermes Professional Edition” which requires a license and stake of 150k AMB tokens to run. This is targeted at larger companies.
At the moment, Apollo nodes are onboarded in a controlled manner. Nonetheless, the long-term goal is to see that:
Apollo nodes are proportionally operated by Businesses and other professional organizations (33% of nodes), community members (33%), and Ambrosus and Partners (34%).