Today I was reading about timelords.
From Chia FAQ’s we can read:
There will likely be relatively few VDF servers (“Timelords”), as the fastest one will always finish first, and it takes only one fast and fair Timelord on the network to complete a block and move the chain forward.
But I’m not sure if there’s any benefit (of any kind) to create a timelord node at home.
Any thoughts on that?
No benefits if its not on the fastest hardware. You can run one as a backup for the network though. No rewards for running one.
Blueoxx is correct, to add to that the Chia Networks folks have plans to tape out a special ASIC for timelord purposes to make it so nobody can get a faster timelord, increasing the security of the network and making these ASIC available and distributed.
Awesome, thanks guys for the answer.
You’re right, I guess until those ASIC are out there’s no real benefit for the network to add one more
And even less as a farmer
It can be a benefit to have a timelord if you are a very large farmer, but chia networks is operating many for now.