Helium verses Nodle
Previously posted on https://www.publish0x.com/?a=46dBr8Dod7&tid
Good morning.
After claiming my Helium mining rewards this month lol, I actually took a look at my husbands Nodle. The shocker was that on average our Helium miners earned 8 cents per day, his Nodle earned 5 cents per day!
The kicker here is that we spent approx $10,000 on Helium miners, antenna upgrades and cable upgrades, not to mention new routers for host's as some were ancient. Nodle has cost us $0.00. I guess you could say we have made ROI with Nodle!
So after taking a look at Nodle, they are trying to incentivise smartphone users (approximately 80% of the population) to use their phone as a node and receive NODL tokens in return for POW (proof of work). The more phones connected, the stronger the network. They would eventually like to use the network in much the same way as helium for tracking IOT devices, monitoring and even the processing of micro payments for IOT.
Nodle chain will also have Full nodes as well as collator nodes and plans on being fully decentralised by community governance. (There are detailed instructions on how to do this here https://www.nodle.com/ ) There are also plans for Nodle to be POC (proof of connectivity) and POP (proof of connection) with Nodle bounties. For this you would need to be in the specific area of the bounty and possibly complete a task. There are examples on their website.
Nodle has launched its own chain on Polkadot and has a supply of 21 Billion tokens and is listed on Kraken and Gate.io as well as a few others.
So for just having a phone and turning on your Bluetooth you could be earning a small amount every day, the battery usage has been negligible, there is no KYC and no outlay. It is safe to say I have downloaded Nodle and have added it to my daily routine.
You can find the whitepaper here https://www.nodle.com/whitepaper-4.3.pdf
Pictures from https://coinmarketcap.com/ and https://coinmarketcap.com/
As always, thank you for reading and please feel free to comment.
