If we start with the Game Theory hypothesis that farmers are rational agents and that their primary activity is to farm tokens by offering hardware resources on the Grid, we might conclude that farmers are seeking to maximize farming rewards.
As of now, with the current tokenomics, farmers will get rewards from proof-of-capacity: what they offer to the Grid. But when it comes to proof-of-cultivation, farmers will not necessarily get rewards when users use the Grid. To get rewards in this case, one would need to offer sales channel, etc. (This is a topic in itself, with great discussions on this Forum.)
We also know that farmers are often aligned with the Threefold ethos of building a new Internet for everyone, while also offering the best product on the market.
With the above, we have that farmers have, on the economic side, more to gain by offering a lot of resources (quantity), without having to look at the “quality” of the resources, as this does not translate as directly to TFT farming rewards.
- 1TB SSD SATA farms as much as 1TB SSD nvme. NVME is more expensive and of higher quality.
- DDR3 vs DDR4 ram: 32GB DDR3 or DDR4 farm the same amount of TFT. DDR4 is faster and consumes less energy. DDR3 is cheaper.
So my point is:
With the current farming reward that is only precise up to the quantity of resources (X GB of RAM, Y Threads, etc.), but not yet up to the quality of resources (DDR4 > DDR3, SSD nvme > SSD sata), rational agents aiming for economic gains will aim at quantity > quality.
As a result, it would translate into sub-optimal Grid resources, quality-wise.
Here’s a proposition:
By refining the TFT farming rewards, (how) could we find the “perfect” combination of farming parameters that would incite farmers to invest in HIGH QUALITY resources, and not just aiming at having a high quantity of resources?
The obvious answer is to include quality in the farming rewards, thus to distinguish the quality of the hardware/resources that farmers offer on the Grid.
What do you guys think?
Do you have any suggestions?
What would be the best parameters to check?