Goal: Reduce the cost of on-boarding of new storage to increase network capacity
Context:
- Upfront capital requirement for mining is high
- Hardware costs are high, can we reduce them?
- Collateral requirements are high, can we help reduce this burden?
Proposed directions:
There are two directions that we are looking into:
- Protocols (or protocol changes to reduce the cost of on-boarding storage) to reduce the cost
- Financial tools to reduce the load of miners for collateral (e.g. loans, network loans)
