Instruction:How to choose a validator - Revision history

CryptoUser at 17:31, 26 March 2024

2024-03-26T17:31:02Z

← Older revision		Revision as of 17:31, 26 March 2024
Line 85:		Line 85:
	{{interwiki\|ru=Инструкция:Как выбрать валидатора}}		{{interwiki\|ru=Инструкция:Как выбрать валидатора}}
	[[Category:Decimal validators]]		[[Category:Decimal validators]]
			[[Category:Instructions:Delegating]]

CryptoUser at 17:24, 26 March 2024

2024-03-26T17:24:18Z

← Older revision		Revision as of 17:24, 26 March 2024
Line 1:		Line 1:
	{{#seo:		{{#seo:
	\|title= How to choose a validator DecimalChain — Instruction on Decimal Wiki		\|title= How to choose a validator in DecimalChain — Instruction on Decimal Wiki
	\|titlemode= append		\|titlemode= append
	\|keywords= How to choose a validator ~~DecimalChain~~		\|keywords= How to choose a validator, choosing a validator, validators in Decimal, to whom to delegate coins in DECIMAL, delegation in Decimal
	\|description= How to choose a validator DecimalChain		\|description= Decimal instruction. How to choose a validator in DecimalChain
	}}		}}
	{{manual-console}}		{{manual-console}}
	{{main article\|~~Delegator~~}}		{{main article\|Delegation}}
			{{youtube\|RfeYsRrXDrU\|width=400\|Choosing a validator in DecimalChain.<br>'''Warning:''' the interface of the Decimal Explorer has changed!}}

	'''How to choose [[validator]]''' is ~~an important~~ and timely question for any user in [[DecimalChain]]. In order to make the maximum profit from [[delegation]], it is necessary to take into account the validator's [[fee]], the reliability of the [[node]], bonuses and promotions during delegation, the minimum [[stake]] for entry and other indicators.		'''How to choose [[validator]]''' is a serious and timely question for any user of the [[DecimalChain]]. In order to make the maximum profit from [[delegation]], it is necessary to take into account the validator's [[fee]], the reliability of the [[node]], bonuses and promotions during delegation, the minimum [[stake]] for entry and other indicators.

	To become a delegator of the [[network]], three things are necessary — get [[DEL\|DEL coins]] or other [[coin]]s of the Decimal network, choose a validator and [[instructions:delegate\|delegate]] your coins to him.

	== Importance of choosing a validator ==		== Importance of choosing a validator ==
			All validators have the same base reward, which depends only on the network's general parameters. However, each validator offers different conditions for delegators. Therefore, analyze all the data, study the information about the validator to make a decision about delegation.

	The basic remuneration for all validators is the same and depends only on the general parameters of the network. However, each validator offers its own conditions for delegators. Therefore, after carefully studying them, you can get additional benefits, such as a loyal validator fee, absence of fines from validators, permanent or one-time [[cashback]], participation in promotions, and so on.		The basic remuneration for all validators is the same and depends only on the general parameters of the network. However, each validator offers its own conditions for delegators. Therefore, after carefully studying them, you can get additional benefits, such as a loyal validator fee, absence of fines from validators, permanent or one-time [[cashback]], participation in promotions, and so on.

Line 26:		Line 27:
	On the browser page, in the top menu, select '''Blockchain''', and then '''Validators'''.		On the browser page, in the top menu, select '''Blockchain''', and then '''Validators'''.

	[[File:~~En-valid2~~.png\|700px\|thumb\|left]]<br clear="all">		[[File:How_to_choose_a_validator_1.png\|700px\|thumb\|left]]<br clear="all">

	== Validator address ==		Here you see the number of validators:
	To delegate coins to the selected validator, you must specify his address in a special delegation form on your console.		[[File:How_to_choose_a_validator_2.png\|700px\|thumb\|left]]<br clear="all">

	Click on the copy icon under the Name of the validator to whom you want to delegate your stake and enter the address in the appropriate field of the form [[instructions:delegate\|delegation]].		:1. '''Validators online.''' The number of authorized validators that are online.
			:2. '''Free validator slots.''' Available slots for connecting validators.
			:3. '''Validators offline.''' The number of disconnected validators.
			:4. '''Candidates''' The number of authorized validators that are currently offline and not signing blockchain blocks.

			=== Validator address ===
			To delegate coins to the selected validator, you must specify his address in a special delegation form on your console. Click on the copy icon under the Name of the validator to whom you want to delegate your stake and enter the address in the appropriate field of the form [[instructions:delegate\|delegation]].

	[[File:En-valid3.png\|700px\|thumb\|left]]<br clear="all">		[[File:En-valid3.png\|700px\|thumb\|left]]<br clear="all">

	== ~~Validator selection criteria~~ ==		== Information blocks ==
	~~When choosing a validator~~, the following ~~criteria should be taken into account~~:		Below on the page, you will find the following blocks:
			[[File:How_to_choose_a_validator_3.png\|700px\|thumb\|left]]<br clear="all">
	[[File:~~En-valid4~~.png\|700px\|thumb\|left]]<br clear="all">
			=== 1. Validators ===
	=== ~~Omissions~~ ===		The block with online validators.
	The reliability indicator is the number of penalties for ~~omissions~~ previously imposed by the system on the validator.		[[File:How_to_choose_a_validator_4.png\|700px\|thumb\|left]]<br clear="all">

	~~===~~ Fee ~~===~~		'''Validators / Candidates''' Tab
	The validator's fee is income from maintaining the network. The fee is set at the time of the candidate's application for validators and cannot be changed further. The validator ~~will charge the specified fee~~ from the ~~delegates'~~ rewards.
			:1) '''Name.''' The name of the validator and the public key can be copied by clicking on the button next to the address. If you send coins to this address (public key), they will be delegated.
	~~=== Stake ===~~		:2) '''Skipped blocks.''' The number of missed blocks that the validator did not sign. The reliability indicator is the number of penalties for skipped blocks previously imposed by the system on the validator.
	~~These are the funds~~ of the ~~validator combined with the delegate and his motivation~~ to ~~work stably and not fall under penalties. And also these are the funds of~~ the ~~delegators who have chosen this~~ validator. ~~Consequently~~, the ~~larger the stake node~~, the ~~greater~~ the ~~losses~~, ~~including reputational ones, it will incur after receiving a fine, so validators with the largest stakes strive to protect themselves from errors as much as possible~~.		:3) '''Fee.''' The commission that is set once when creating a validator. The validator's fee is income from maintaining the network. The fee is set at the time of the candidate's application for validators and cannot be changed further. The validator deducts this commission from the rewards of the users who delegated their coins to the selected validator.
			::* For example, if the fee is 6 %, then out of 100 coins that the blockchain pays you for the delegation transaction, you receive 94 coins (100 coins — 6 %).
	~~=== Minimum stake ===~~		:4) '''Stake.''' The total number of coins that the validator has in delegation (own stake + delegator stakes).
	~~This indicator appears when the whole thousand [[commoninfo~~:~~slot\|slots]] (places~~) of the validator ~~is filled~~ in. ~~If the size of your stake is less than the~~ minimum ~~stake~~ of the validator ~~or close to it, you need to choose another node for delegation~~.		:5) '''Min.''' The minimum number of coins that can be delegated to the selected validator.
			:: '''The minimum stake is not set by anyone.''' Each validator has a thousand slots available for stakes, the smallest of them is the minimum. When a person appears who wants to delegate a large amount with all the validator's steaks occupied, the new stake automatically displaces the minimum one, and the funds of the departing delegate immediately return to him to the active wallet address.
	'''The minimum stake is not set by anyone.''' Each validator has a thousand slots available for stakes, the smallest of them is the minimum. When a person appears who wants to delegate a large amount with all the validator's steaks occupied, the new stake automatically displaces the minimum one, and the funds of the departing delegate immediately return to him to the active wallet address.		::* For example, if the validator has a minimum stake of 100 DEL, and you delegate 101 DEL, then the last delegating user who has 100 DEL stops being a delegator, and their coins are returned (in this case 100 DEL).
			:6) '''Slots.''' The number of occupied delegation slots. The maximum number of slots is 1000.
			::*For example, if all 1000 slots are occupied, it is possible to "outbid" the minimum stake by delegating more coins than the smallest stake. Thus, the user with the smallest stake stops being a delegator, and their coins are returned.
			:7) '''Voting Power.''' The total stake displayed but rounded to show the weight of the validator when voting, which will be available in the DAO.
			:8) '''QR-code.''' Allows scanning the validator's public key to send funds to it for delegation.
			:9) Navigation field between pages.

			=== 2. Slashes ===
			This block shows the penalties that validators and their delegators received. A penalty is the removal of coins from the total stake of delegators and the validator from 1 to 5% and their immediate burning.
			[[File:How_to_choose_a_validator_5.png\|700px\|thumb\|left]]<br clear="all">
			:1) '''Validator`s name.''' The name of the validator and the public key with a copy button.
			:2) '''Block number.''' The number of the block in which the validator was penalized.
			:3) '''Slash.''' The number of coins that the validator and delegators were penalized. The penalty is distributed among all participants (validator and delegators) in proportion to their stake.

			=== 3. Total slashes ===
			This block shows the total sum of all penalties that the validator received over time.
			[[File:How_to_choose_a_validator_6.png\|700px\|thumb\|left]]<br clear="all">
			:1) '''Validator`s name.''' The name of the validator and the public key with a copy button.
			:2) '''Slashes amount.''' The sum of all penalties that the validator received over time after updating the blockchain to the Decimal Smart Chain version.

			== See also ==
			* [[Instruction:Delegation]]
			* [[Instruction:How to delegate your coins]]

	{{interwiki\|ru=Инструкция:Как выбрать валидатора}}		{{interwiki\|ru=Инструкция:Как выбрать валидатора}}
			[[Category:Decimal validators]]
	[[Category:~~Instructions~~]]

CryptoUser: CryptoUser moved page Manual:How to choose a validator to Instruction:How to choose a validator

2024-03-26T09:42:45Z

CryptoUser moved page Manual:How to choose a validator to Instruction:How to choose a validator

← Older revision	Revision as of 09:42, 26 March 2024
(No difference)

CryptoUser at 09:42, 26 March 2024

2024-03-26T09:42:14Z

Show changes

CryptoUser: CryptoUser moved page Instructions:howtochooseavalidator to Manual:How to choose a validator

2024-02-13T18:09:42Z

CryptoUser moved page Instructions:howtochooseavalidator to Manual:How to choose a validator

← Older revision	Revision as of 18:09, 13 February 2024
(No difference)

Admin at 13:32, 29 June 2022

2022-06-29T13:32:58Z

← Older revision		Revision as of 13:32, 29 June 2022
Line 43:		Line 43:
	<div class="level1">		<div class="level1">

	To find a list of all validators, go to the official website and select "Browser" in the blockchain "Tools" [[File:En-valid1.png\|1000px\|class=mediacenter]]		To find a list of all validators, go to the official website and select "Browser" in the blockchain "Tools"

			[[File:En-valid1.png\|1000px\|class=mediacenter]]

	On the browser page, in the top menu, select "'"Blockchain""' , and then "'"Validators""' [[File:En-valid2.png\|1000px\|class=mediacenter]]		On the browser page, in the top menu, select "'"Blockchain""' , and then "'"Validators""'

			[[File:En-valid2.png\|1000px\|class=mediacenter]]

	</div>		</div>

Admin at 11:17, 6 June 2022

2022-06-06T11:17:15Z

← Older revision		Revision as of 11:17, 6 June 2022
Line 45:		Line 45:
	To find a list of all validators, go to the official website and select "Browser" in the blockchain "Tools" [[File:En-valid1.png\|1000px\|class=mediacenter]]		To find a list of all validators, go to the official website and select "Browser" in the blockchain "Tools" [[File:En-valid1.png\|1000px\|class=mediacenter]]

	On the browser page, in the top menu, select "'"Blockchain""' , and then "'"Validators""' [[File:~~Instructions~~-~~snimok_ehkrana_2022-03-15_v_14.55.20~~.png\|1000px\|class=mediacenter]]		On the browser page, in the top menu, select "'"Blockchain""' , and then "'"Validators""' [[File:En-valid2.png\|1000px\|class=mediacenter]]

	</div>		</div>
Line 57:		Line 57:
	Click on the copy icon under the Name of the validator to whom you want to delegate your stake and enter the address in the appropriate field of the form [[instructions:delegate\|delegation]] .		Click on the copy icon under the Name of the validator to whom you want to delegate your stake and enter the address in the appropriate field of the form [[instructions:delegate\|delegation]] .

	[[File:~~Instructions~~-~~snimok_ehkrana_2022-03-15_v_15.44.12~~.png\|1000px\|class=mediacenter]]		[[File:En-valid3.png\|1000px\|class=mediacenter]]

	</div>		</div>
Line 67:		Line 67:
	When choosing a validator, the following criteria should be taken into account:		When choosing a validator, the following criteria should be taken into account:

	[[File:~~Instructions~~-~~snimok_ehkrana_2022-03-15_v_15.32.01~~.png\|1000px\|class=mediacenter]]		[[File:En-valid4.png\|1000px\|class=mediacenter]]

	</div>		</div>

Admin at 11:15, 6 June 2022

2022-06-06T11:15:37Z

← Older revision		Revision as of 11:15, 6 June 2022
Line 43:		Line 43:
	<div class="level1">		<div class="level1">

	To find a list of all validators, go to the official website and select "Browser" in the blockchain "Tools" [[File:~~Instructions~~-~~snimok_ehkrana_2022-03-15_v_14.53.07~~.png\|1000px\|class=mediacenter]]		To find a list of all validators, go to the official website and select "Browser" in the blockchain "Tools" [[File:En-valid1.png\|1000px\|class=mediacenter]]

	On the browser page, in the top menu, select "'"Blockchain""' , and then "'"Validators""' [[File:Instructions-snimok_ehkrana_2022-03-15_v_14.55.20.png\|1000px\|class=mediacenter]]		On the browser page, in the top menu, select "'"Blockchain""' , and then "'"Validators""' [[File:Instructions-snimok_ehkrana_2022-03-15_v_14.55.20.png\|1000px\|class=mediacenter]]

Admin at 10:53, 6 June 2022

2022-06-06T10:53:31Z

Show changes

Volodislav at 16:24, 22 May 2022

2022-05-22T16:24:12Z

← Older revision		Revision as of 16:24, 22 May 2022
Line 48:		Line 48:
	[[File:Instructions-snimok_ehkrana_2022-03-15_v_15.44.12.png\|1000px\|class=mediacenter]]		[[File:Instructions-snimok_ehkrana_2022-03-15_v_15.44.12.png\|1000px\|class=mediacenter]]
	[[File:Instructions-snimok_ehkrana_2022-03-15_v_15.32.01.png\|1000px\|class=mediacenter]]		[[File:Instructions-snimok_ehkrana_2022-03-15_v_15.32.01.png\|1000px\|class=mediacenter]]
	[[File:~~Validators11~~.~~jpg~~\|1000px\|class=mediacenter]]		[[File:valid1.png\|1000px\|class=mediacenter]]
	[[Category:Instructions]]		[[Category:Instructions]]