Storage Provider Incentives/Bonuses
Incentives encourage more and better capacity on the network with a wide variety of potential ways to earn extra above and beyond standard storage use. Providers are currently awarded more for superior Uptime and Available Capacity. In the future, we’ll add performance, latency, desirable geolocation and compliance adherence to a list of payable characteristics. Provider Incentive details are available once you sign up.
Providers represent a better Masternode, while they do not participate in consensus, providers do lock up “collateral” coins to verify the storage they are making available. The collateral protects storage customers from deduplication and other possible attacks. At the end of a contract period, providers receive all collateral back plus storage income. All that is required is a computer that remains online with average bandwidth and reasonable spare hard drive storage. You don’t pay anyone to become a provider and the more providers, the more the project/network grows.