Our node network will be created to support both the Bitcoin & Ethereum networks. Bricklayer believes strongly in the value these decentralised networks bring to finance where Bitcoin being the new standard for storing economic energy meanwhile Ethereum is the leader in smart contract enabled blockchains, thus why we chose to build our entire ecosystem on said chain.
This node network allows us to manipulate the capital at hand to further enhance the rewards for $BRCK holders, while also contributing to the decentralised ethos running of these blockchains.
For Bitcoin, our end goal will involve acquiring Antminer rigs placing them into custom built containers to manage the cooling efficiency of the rigs. A stable, high-speed internet connection will also be crucial limiting factor. Due to high electricity consumption, they will be located in Bricklayer controlled facilities in areas with low electricity costs ensures profitability.
While for Ethereum, personal hardware with sufficient SSD storage, high RAM (32GB+), and multi-core processors (8+ cores) will be acquired, to be placed in any Bricklayer location due to lack of high energy costs. When it comes to selecting the consensus & execution clients, this will be managed at launch of each node & will focus on enhancing the network distribution of clients were feasible. A minimum stake of 32 ETH per validator is required for Ethereum PoS participation.
There is a multi-phase program to bring out node network online, which will be re-used as a guideline for when bringing in more capital to the ecosystem though later stimulus of capital will not be required to go through the exact same process due the system already being operational. This is to allow a return on assigned capital where it may not be possible to fully deploy capital initially.
graph TD
style E fill:#ffedb3,stroke:#333,stroke-width:2px
style G fill:#ffe8aa,stroke:#333,stroke-width:2px
style F fill:#ffe3a0,stroke:#333,stroke-width:2px
style H fill:#ffde95,stroke:#333,stroke-width:2px
style A fill:#ffd98b,stroke:#333,stroke-width:2px
style b fill:#ffd480,stroke:#333,stroke-width:2px
style c fill:#ffcf76,stroke:#333,stroke-width:2px
style D fill:#ffca6b,stroke:#333,stroke-width:2px
style I fill:#ffc561,stroke:#333,stroke-width:2px
subgraph "Initialisation"
E[Phase 0<br>Funding Assigned]
A[Phase I<br>$BTC Hash Rate Rented / $rETH & $stETH Acquired]
F[Phase VI<br>Rental Yield Introduced]
H[Phase VII<br>Rebalancing]
end
subgraph "Mining and Validation"
b[Phase II<br> $BTC Hash Rate Rented / $ETH PoS Validated]
c[Phase III<br>$BTC Hash Rate Leased / $ETH PoS Validated]
D[Phase IV<br>$BTC PoW Mined / $ETH PoS Validated]
end
subgraph "Rewards and Rebalancing"
G[Phase V<br>Capital Held in Quary Reserves]
H[Phase VII<br>50% Available for Redistribution]
I[Phase VIII<br>50% $BRCK Dividends<br>25% $MRTR Dividends]
end
E -- Allocated to Assigned Coin --> A
F -- Allocated to Assigned Coin --> A
H -- Allocated to Assigned Coin --> A
A -- Liquid Stake Withdrawn, Validator Hardware Online --> b
b -- Miners Acquired & Brought Online --> c
c -- Hash Rate Consolidated to Bricklayer Pool --> D
D -- Rewards For Work Received --> G
G -- Rebalancing Capital --> H
G -- Dividends Paid --> I
A 10% cut of funds raised via $MRTR will be used to fund the node network. An equal split of 50:50 will go into either $BTC mining or $ETH validation work.
Reputable liquid staked tokens for $ETH i.e. $rETH and $stETH will be acquired to be held, while an equivalent proportion of hash power will be rented from a pool provider i.e. NiceHash.
$ETH validator hardware is not arduous to bring online, in comparison to $BTC miners. Given this, hardware will be assigned where it will then be funded with 32 $ETH from cashed out positions of our staked $rETH / $stETH and solo validation will begin. Remaining staked $rETH / $stETH can be left until enough resources are available to bring a new $ETH PoS validator online. $ETH validation is at its final stage in our node system long before the $BTC mining due the additionally complexities of PoW against PoS.