Correct. If we can buy enough time in the short term to avoid catastrophe, the product that I’ve mentioned would be a viable solution for increasing cycles burnt to a level that’s sustainable for the ecosystem. 30,000 replicas, burning ~0.85T cycles per day would result in ~765,000 T cycles burned per month or ~357,696 ICP burned per month at $ICP’s current price. With more being staked to cover cycles consumption. The issue of run-away inflation has been on my radar from the moment i saw how node provider rewards are covered. I’ve been building this product with the health of the network in mind.
Again, it is still months away from an alpha launch and would require support from Dfinity if I am to be able to fast track the roll out. @bjoernek @Jan @diegop
I do have a White Paper (Version 1) written up for this product. This forum doesn’t permit me to upload PDF files. The following is a link to the #white-paper channel of my discord server. There, you’ll find a single post with the pdf of the white paper attached to it: Discord