RE: Wanted Hive DEFI? Well You Have Two

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SON ?
Tell me more about this !

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Hi @onealfa

The short answer to your question is:

The Graphene based blockchains (Bitshares, @Peerplays, Hive, EOS, Telos etc) doesn't have a decentralized mechanism connect to other blockchains. While chains like Polkadot is heavily focused on cross chain functionality from ground up and reaping rewards. The Sidechain technology created by Peerplays intends provide a solution for this particular problem. SONs aka Sidechain Operator Nodes provides decentralized, elected, DPoS like solution to address this problem.
source

The long answer:

Found here

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This document explains few terms like the SON heartbeat and gives sample logs in few common scenarios. This is expected to handy for operators to monitor their network.

The Graphene based blockchains (Bitshares, @Peerplays, Hive, EOS, Telos etc) doesn't have a decentralized mechanism connect to other blockchains. While chains like Polkadot is heavily focused on cross chain functionality from ground up and reaping rewards. The Sidechain technology created by Peerplays intends provide a solution for this particular problem. SONs aka Sidechain Operator Nodes provides decentralized, elected, DPoS like solution to address this problem.

The solution involves:
Peerplays Blockchain
Hive Blockchain
Hive Public API nodes
Sidechain Operator Nodes on the Peerplays chain
A multisignature Account on the Hive blockchain
A multisignature Account on the Peerplays Blockchain
How does it work ?

The Nodes
The Sidechain Operator nodes are similar to the witnesses and they run Peerplays blockchain software with sidechain_plugin enabled. We can elect these 15 nodes using the stake weighted voting & the nodes are rewarded for performing the cross chain transactions. The reward is propotional to the number of transactions each node processes on a daily (24 hour time period.)

This makes it extremly important for these SONs to be available all the time, communicte with each other over a reliable channel and have fast connectivity with the Hive blockchain.

The SONs performs periodic heartbeats using the Peerplays blockchain as an event bus to commuicate. This provides a reliable communication channel to maintain the network status.

Source as above.

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