Types of Nodes
Time relevance is all you need
This is the average Analog user who submits event data to the Timechain to receive ANLOG token incentives. The submitted time data would be of value to different organizations, businesses and such, aside from the benefits it gives to the node themselves. Examples:
This is a business, organization, company or similar entity that submits event data to the Timechain to facilitate cross-platform transactions or interactions. Examples:
This refers to software that power apps usually found on the average person’s device, such as ridesharing, food, entertainment and e-commerce apps that could leverage the Timechain to optimize their performance or boost their service scope. Examples:
This would be a smart appliance, gadget, machine or a network system that coordinates with other devices or systems through the Timechain to accomplish certain tasks. Examples:
What is Event Data?
Event data is any data subscribers want to measure about events in traditional applications or dApps and their associated attributes. For example, when users load up various applications from their smartphones or visit decentralized platforms, they interact via a sequence of events such as confirmation times when buying crypto-assets or non-fungible tokens (NFTs).
Become a Timechain Pioneer
A node is any device that can store a partial or full copy of the Timechain. A decentralized platform such as the Analog network requires nodes to work because there is no centralized entity like a dedicated server.
Nodes also serve as communication points for executing various essential functions. Analog network has three kinds of nodes: broadcasters (submit event data), time nodes (validate event data and can take part in consensus), and archive nodes (store the complete copy of the Timechain).
Anyone and everyone can become a node on the Analog network. The Analog network does not impose strict computational (CPU and RAM) specifications for nodes that form its decentralized network.
This process depends on the type of node you decide to run. For example, while broadcasters and time nodes do not impose strict hardware requirements, archive nodes require large storage capacities (at least 1 TB). You also need high-speed internet connectivity (preferably 1 Gbps and above) to successfully run a node—regardless of whether the node is a time node or an archive node.
The process of running a time node or archive node is straightforward: download and install the latest stable release of Analog Client (software) on your device and allow it to download the copy of the Timechain from other nodes in the network. The process is even simpler for a broadcaster: simply create an account and start submitting event data.
Becoming a node on the Analog network has two main perks. First, you get to contribute to the growth of the world’s first validated event data marketplace in terms of security and decentralization as a time node. The network rewards you with $ANLOG tokens in the process.
Unlike PoW-powered Blockchains that demand substantial computational resources, the PoT consensus is lightweight. This means you can validate event data even with nodes that have diminished computational capabilities and earn maximum returns.
Additionally, the network does not discriminate against time nodes when selecting block proposers or confirmers. Provided you have a high ranking score and substantial staked coins, you can validate event data and confirm blocks, earning ANLOG tokens in the process.
Second, you earn $ANLOG tokens as a broadcaster when subscribers purchase your submitted data.
Explore How It Works
A more thorough analysis can be found in our Timepaper
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