Edgeware Validator and Delegator – melea crypto
Attentive here.
If want to add more validators must re-select the old (if you like do that) and the new ones and send the new transaction, that is, if I am nominating 4 and I want to add 2 new ones, I must select 6 and send the TX, so
NOTE: If only want to change validators and not add the old ones, just have to send the TX with those want and only these will be your new validators.
I repeat to nominate, you need the STASH account of the validator or validators that you want to support, if you selected 1 or 16 validators, the amount linked for each Stake will not be in equal parts, there is an algorithm that is responsible for distributing the stake in order that the poorest validator on the list will get more stake than the richest validator, in this way he distributes the nominations for you efficiently and helps the decentralization of the network and avoid disproportionate and alien validators, so you cannot select the amount of stake for each one, this is automated and you can see it after nominating, not before.
Yes, it sounds incredible and it is.
To validate, you need to return to the node that we configured at the beginning of the guide and that we left synchronizing the network. To begin the validation process we must expect that the last block of the node and that of the browser are the same.
Here the node
Here in the browser we can see the last block and verify that the node is fully synchronized.
Once it is verified that is synchronized, it can try to validate.
Start the process to validate
On the server where the node is running.
Stop the node and start it with --validator
./target/release/edgeware --chain=chains/testnet-0.9.0.json --name <INSERT_NAME> --validator
Now you must see it like this
2019-10-03 10:28:59 Edgeware
2019-10-03 10:28:59 version 1.0.0-3f34fba-x86_64-macos
2019-10-03 10:28:59 by Commonwealth Labs, 2018-2019
2019-10-03 10:28:59 Chain specification: Edgeware
2019-10-03 10:28:59 Node name: some-fancy-name
2019-10-03 10:28:59 Roles: AUTHORITY
This is important Roles: AUTHORITY
Once double-checked this you can proceed with running the command to get the keys to validate.
curl -H 'Content-Type: application/json' --data '' localhost:9933
The output should look like this:
Copy the hexadecimal key from inside the JSON object, and paste it into the web interface.
→Set session Key
Start validating
→Validate
Welcome, if everything went well you should see your validator in the list of the following or assets.
Validation or nomination actions take effect once the new era begins
At the beginning of the next era, if there are open slots and your validator has adequate stake / nominations supporting it, your validator will join the set of active validators and automatically start producing blocks.
On the testnet, sessions are 100 blocks or 10 minutes long, and eras are 300 blocks or 30 minutes long
Active validators receive rewards at the end of each era. Slashing also happens at the end of each era.
If you would like to stop validating, you should use the Stop Validating button on your stake, to send a chill transaction. It will take effect when the next validator rotation happens, at which point you can shut down your validator.
Once you have stopped validating, you can send a transaction to unbound your funds. You can then redeem your unbonded funds after the unbound period has passed.
This is an example of my campaign.
I invite you to create your account and promote your campaign if you want to do it professionally. I appreciate your support for my campaign to continue supporting the community with this type of material.
Spanish→ here
Published at Fri, 11 Oct 2019 05:47:24 +0000
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