Data3.Network Documentation
  • Introduction to Data3
  • Data3 Concepts
    • Accounts
    • Address
    • Nodes
    • Types of Nodes
    • Node Providers
    • Database Deployment
    • Console
    • Use Case
  • Getting Started
    • Data3 Console
      • Signup on Data3 Console
      • Wallets
    • For Customers
      • Quick Start Guide
      • Signup on Data3 Console
      • Request Databases
      • Manage Your Databases
      • Use Your Databases
    • For Node Providers
      • Quick Start Guide
      • Signup at Data3 Console
      • Bid For Customer Requests
    • For Developers
      • Signup
      • Open Source
      • Contribute
  • For Customers
    • Access
    • Application Configuration
    • Database Configuration
    • Data Migration
    • Security
      • Users
      • Keys
    • Observability
  • For Node Providers
    • Node Provider Service
      • What is the Node Provider Service?
      • Node Provider Service Architecture
      • Node Provider Onetime Setup
        • Prerequisites
        • Docker data3-node-provider
        • Configure
        • Deploy data3-node-provider
        • Validate
        • Troubleshoot
    • Data3 Storage Node
      • What is the Data3 Storage Node?
      • Storage Node Architecture
      • Storage Node Setup
        • Prerequisites
        • Docker data3-storage-node
        • Configure
        • Deploy data3-storage-node
        • Validate
        • Troubleshoot
    • External Pricing Engine
    • External Deployment Engine
    • Node Tokenomics
      • Staking
      • Customer Payments
      • Incentivization
      • Pricing
    • Nodes
      • Validator Node
      • Audit Node
      • Storage Node
    • Console
  • Product
    • Roadmap
    • Releases
    • Updates
  • Data3 Solutions
    • DApps
    • Web3 Social
    • Web3 Gaming
    • Web3 Exchanges
    • Artificial Intelligence
    • SaaS Applications
    • IoT
    • Dev Database
  • Tokenomics
    • Best Practices
    • Bid for Database Requests
  • Governance & Policies
    • Governance Framework
    • Node Provider Policies
    • Data Handling Policies
    • Security Policies
    • Privacy Policies
    • For Developers
      • Architecture
      • API
      • SDKs and Libraries
      • Protocols & Algorithms
  • Community
  • FAQs
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  1. Getting Started
  2. For Customers

Manage Your Databases

PreviousRequest DatabasesNextUse Your Databases

Last updated 1 year ago

When a node provider submits a bid for a database request, customers can conveniently access and review the bid directly from their dashboard. This feature enhances transparency and allows customers to make informed decisions regarding their database deployments. By having easy access to bid information, customers can evaluate different options, compare bids, and select the most suitable node provider for their specific requirements. This streamlined process fosters efficiency and empowers customers to actively participate in the bidding and deployment process within the decentralized database ecosystem.

After approving a bid, the customer proceeds to make a payment to a smart contract linked with the node provider. This smart contract acts as an intermediary, ensuring that the payment is securely processed and facilitating the execution of the agreement between the customer and the node provider. This mechanism enhances trust and reliability in the transaction process, providing both parties with assurance that the terms of the agreement will be upheld.

Copy the escrow transaction address provided and initiate the payment to that address. Subsequently, copy the transaction address and paste it into the designated box. Finally, sign the transaction using your wallet to complete the process. This ensures that the payment is securely processed through an escrow mechanism, offering both parties peace of mind and ensuring the integrity of the transaction.