Do File Storage Users See The Collateral Amount Of Hosts?
-
After using Siad for a few weeks for hosting functionality, I've played around with collateral, price/TB/mo, and SC/TB. I noticed I could see other hosts pricing on Siapulse, but I am wondering if storage buyers are able to see the collateral settings? If it is not visible, I can reduce it without negative impact to my hosting...
-
@rivercityjon I am not sure about what renters considers when forming contracts, but believe the number of parameters is steadily increasing. Collateral should definitely be on the list since it can be considered a host's own confidence in guaranteeing data integrity and uptime.
FYI SiaPulse now allows you to see more data on individual hosts. Click on a host on the map at http://siapulse.com/page/network (or from the list) and follow the link. You can view a host's collaterals in Host Parameters, and also the utilization and (potential) earnings vs time.
-
Thx, that gives me more info to go on.
-
The renter does pay attention to collateral. You cannot set collateral to negative, Sia doesn't have a negative type for currencies. (for hopefully obvious security reasons). Sia also doesn't have a currency type that can overflow, it just keeps adding digits as needed. This eliminates a huge class of common vulnerabilities. :)
If you set a low collateral, renters will automatically seek out hosts with a higher collateral instead. The users can't control this at the moment, everything is handled automatically. But people with lower price + higher collateral get priority.