Core Nodes Breakdown

Nomisma is a project in development. Not all solutions presented in the following sections and subsections are implemented at this stage. The current and all subsequent sub-pages are subject to change.

Nomisma Core Nodes Explained

1. Transaction Oversight Core Nodes receive a stream of on-chain operations—transfers, swaps, staking actions—then verify and record each one to keep the Nomisma ledger accurate.

2. Data Integrity Checks By comparing incoming transactions with the current ledger state, nodes confirm that all operations adhere to consensus rules and smart contract conditions.

3. Network Health Monitoring Operators monitor throughput, resource usage, and system alerts to detect issues early. Quick identification of bottlenecks helps maintain performance stability.

Reward Framework

Nomisma Core Nodes are incentivized through a reward system that reflects their critical role in verifying, storing, and safeguarding network data.

1. Daily Base Rewards Distributed among nodes proportionally to the successful completion of assigned tasks, reflecting each node’s diligence in maintaining uptime, accuracy, and reliability.

2. Performance Bonuses Periodic or quarterly bonuses are awarded to operators who consistently meet high-performance standards, such as near-continuous availability and faultless verifications, with potential adjustments as Nomisma Network evolves by introducing new utility features or updating tokenomics.

Operational Flow

1. Task Allocation

   Each node is assigned specific verification or data-collection tasks based on network needs and the node’s performance track record.

2. Completion Window

   Operators must finalize these tasks within a given timeframe. Failure to respond shifts the workload to other active nodes.

3. Accuracy & Compliance

   Nodes submitting invalid data or failing repeated checks can incur penalties ranging from reduced rewards to temporary suspensions.

Maintaining Node Health

A healthy node contributes to overall network stability, so operators are encouraged to monitor:

1. Resource Utilization

   CPU, RAM, and disk usage must remain within recommended thresholds, especially during high-traffic periods.

2. Connectivity & Uptime

   Ensuring strong internet connectivity and minimal downtime reduces the chance of reassigning tasks or missing reward opportunities.

3. System Updates

   Installing new protocol versions or patches promptly keeps nodes compliant with the latest network requirements.

Nomisma Core Chip

A Nomisma Core Chip (ERC721 NFT) is required to operate a Nomisma Core Node and receive rewards:

1. Ownership & Eligibility

   Minted by sending the correct amount of Nomisma Native Token, this chip proves a node operator’s right to participate in the reward system. Operators can manage multiple chips if they have sufficient hardware capacity.

2. Verification & Claims

   When a node submits validation data or claims rewards, the system checks the chip’s authenticity and ownership status before processing.

3. Compliance Checks

   In some jurisdictions or network configurations, owners may need to complete KYC to access full reward payouts.

Node Status Definitions

To keep the network informed, each node displays a status reflecting its current condition:

• Active: performing assigned tasks accurately and on time;

• On Hold: temporarily idling or undergoing maintenance but expected to rejoin soon;

• Offline: experiencing downtime, missing tasks, or disconnected from the network;

• Penalized: under temporary suspension with limited or no access to rewards;

• Banned: permanently disallowed from further participation due to critical policy breaches.