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Algorithm to determine optimal miners in a storage pool #3

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rishiad opened this issue Dec 11, 2024 · 1 comment
Open

Algorithm to determine optimal miners in a storage pool #3

rishiad opened this issue Dec 11, 2024 · 1 comment

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@rishiad
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rishiad commented Dec 11, 2024

Input

  • Number Pieces
  • Number Miners available
  • Rank of Miners
@rishiad rishiad changed the title Algorithm to determine optimal number of miners in a storage pool Algorithm to determine optimal miners in a storage pool Dec 11, 2024
@rishiad rishiad removed their assignment Dec 11, 2024
@rishiad
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rishiad commented Dec 16, 2024

Given that erasure coding provides us with a guarantee that we can recover the file even after a 30% loss of the data pieces. We can use this assign 70% of the pieces (mix of data and parity pieces) to higher ranking miners and 30% of the pieces (only data pieces) to lower ranking miners to allow them to build trust and rank in the network. The validators can come to a consensus about what the threshold is that qualifies a miner to be of higher rank.

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