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Author Topic: Is it possible Bundler with rate equal 0?  (Read 650 times)

Coradan

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Hi,

I would like to know if it is possible child chain with 0 cost per transactions, and only the bundlers assume the cost of its transactions in the main chain in ARDR.

Regards,
Coradan
« Last Edit: May 26, 2017, 05:24:19 am by Coradan »
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martismartis

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Hi,

I would like to know if it is possible child chain with 0 cost per transactions, and only the bundlers assume the cost of its transactions in the main child chain in ARDR.

Regards,
Coradan

Yes, bundlers can set 0 cost transactions, but in any case, they will need to pay ARDR in irder to include this bindle into Ardr chain.

Coradan

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Hi,

I would like to know if it is possible child chain with 0 cost per transactions, and only the bundlers assume the cost of its transactions in the main chain in ARDR.

Regards,
Coradan

Yes, bundlers can set 0 cost transactions, but in any case, they will need to pay ARDR in irder to include this bindle into Ardr chain.

Yep, I know that they must pay in the main chain in ARDR.  But I wanted to know if it was possible a totally sponsored child chain... :-)
« Last Edit: May 26, 2017, 08:12:59 pm by Coradan »
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blackyblack1

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Hi,

I would like to know if it is possible child chain with 0 cost per transactions, and only the bundlers assume the cost of its transactions in the main chain in ARDR.

Regards,
Coradan
Yes there are couple solutions to make a sponsored child chain. First is to create a sponsored bundler, top it up with ARDR and let it serve users for free until the money is over.
Another solution is to buy a large stash of ARDR and run your own forger. When it is your turn to forge a block you can add sponsored transaction for free. The speed depends on your ARDR balance so it may take a day to add sponsored transactions. Also J-L has tweaked this idea and only give a part of spent ARDR back to the forging node. But given that forger may forge all childchains and take other forgers fee to himself as well it should stay with total positive revenue.

Moreover one should remember that sponsored childchain should require some kind of KYC policy since with the first solution the budget would be drained instantly and with the second solution the queue of the transaction would grow beyond limits (first come will fill all the free blocks).

box1413

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a forger is a bundler right? same thing? so when i forge i get all the child chain coins?

MrV777

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a forger is a bundler right? same thing? so when i forge i get all the child chain coins?

I don't believe so.  A forger just forges ARDR.  You have to setup a Bundler on a node separately and set your rate.
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blackyblack1

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a forger is a bundler right? same thing? so when i forge i get all the child chain coins?
No but you can run own bundler and modify forger to only work with your bundler. Or even modify forger code to bundle transactions.

angelina1

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I am also interested in it.
« Last Edit: September 21, 2017, 03:04:14 am by angelina1 »

danisapfirov

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Created a small Excel sheet to calculate Profit/Loss
However attachment is not working for me

forkedchain

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im looking forward to seeing how the dynamics here work out. how is bundler charged?  per transaction per childchain?  or per group of childchain transactions?

seems like itll be quite a bit of work for IGNIS bundlers to watch the price of ardor versus IGNIS, and adjust their bundler accordingly, so as to not allow the network to screw themselves over.
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