Simply put, a node is a device that contains a full copy of the transaction history of a blockchain. Nodes also have the ability to vote to make choices to guide the ecosystem development. There's more, but you can google if you're interested.
The Gala Games Triple-Proof Node System
1) Proof of work; Proof of Work will enable people with miners to support the network through providing hash power. The specific points for the hash power will be determined by a decentralized algorithm which awards points based on what is most required by the network (for example, if the network requires more computational resources, then hash power may receive higher rewards than storage).
2) Proof of stake; Proof-of-Stake/Availability is the closest analog to the way the node system currently operates. With this, each node license will help verify transactions using a very lightweight protocol. For this, they will receive one point in the distribution.
3) Proof of storage; The long-term goal of Gala Games is to make the Gala Game Ecosystem exist in an entirely decentralized fashion. The decentralized Gala Games ecosystem would like to be able to have games hosted on the node ecosystem itself, completely removing any requirement whatsoever for centralized hosting like Amazon S3 instances. The specific points for the storage will be determined by a decentralized algorithm which awards points based on the location, speed, and reliability of the storage.
How Much Does a Gala Node Cost?
Currently, Gala Nodes are going for about 4.5 Ethereum each. However, every time 100 nodes are sold, the price goes up $100.
How much Gala is Released Each Day?
From today and until July 21, 2021, 34,246,575 GALA will be distributed each day. Of that, 25% goes to Node Owners, meaning approximately 8,561,643.75 gets split up between Gala Node Owners in the "Distribution Pool." On July 22, 2021, that number halves to become 17,123,287 total and 4,280,821.75 to the Distribution Pool, and so on and so forth each year. It must be noted, that at least for this year, at the time of halving, a proposal was made to change the 75%/25% to 50%/50%, which was approved, effectively eliminating the effect of the halving on the node owners.
What Do I Need to Do to Earn Gala?
Apart from buying a Node, it only needs to be operating six (6) hours a day during each 24 hour cycle! But you do need to physically take the action of running the node. It is imperative that anyone who buys a node understands that they are relying solely on their efforts to earn Gala, and not on the efforts of Gala Games.
A Node will generate approximately 1,750 GALA daily if you operate it for the required six hours daily, but this number will fluctuate as more Nodes go live, additionally the value of GALA will determine the degree of passive income possible. As of now one Node will generate about $300 weekly.