Sylo Tickets
Last updated
Last updated
Sylo Tickets are a payment mechanism, a type of probabilistic micropayment, that are used for rewarding Seeker Nodes for their work.
Because Seeker Nodes can be run by anybody, they need a financial incentive to perform the relay service - the Sylo Network cannot rely on altruism and still provide a reliable, high quality service.
A single relay is so inexpensive that the blockchain transaction costs associated with paying per message would be unreasonably high. Because of this, we need a way to exchange value for every relay performed, without relying on an on-chain transaction each time. We use Sylo Tickets to achieve this.