Instruction:How to delegate your coins - Revision history

CryptoUser at 20:00, 17 April 2024

2024-04-17T20:00:45Z

← Older revision		Revision as of 20:00, 17 April 2024
Line 147:		Line 147:

	[[Category:Instructions:Delegating]]		[[Category:Instructions:Delegating]]
	[[Category:Instructions:Coins]]		[[Category:Instructions:Coins\|H]]

CryptoUser: /* See also */

2024-04-17T19:52:27Z

CryptoUser at 18:58, 26 March 2024

2024-03-26T18:58:33Z

Show changes

CryptoUser: CryptoUser moved page Instructions:How to delegate your coins to Instruction:How to delegate your coins

2024-03-26T10:01:34Z

CryptoUser moved page Instructions:How to delegate your coins to Instruction:How to delegate your coins

← Older revision	Revision as of 10:01, 26 March 2024
(No difference)

CryptoUser: CryptoUser moved page Instructions:delegate to Instructions:How to delegate your coins

2024-02-28T13:05:17Z

CryptoUser moved page Instructions:delegate to Instructions:How to delegate your coins

← Older revision	Revision as of 13:05, 28 February 2024
(No difference)

Admin at 13:34, 29 June 2022

2022-06-29T13:34:13Z

← Older revision		Revision as of 13:34, 29 June 2022
Line 48:		Line 48:
	[[File:en-delegate2.png\|1000px\|class=mediacenter]]		[[File:en-delegate2.png\|1000px\|class=mediacenter]]

	When choosing a validator, pay attention to the "'fee amount"' that he will deduct from your accruals as his profit and "'stability"' (presence/absence of fines), because the size of your accruals depends on it. [[File:en-delegate3.png\|1000px\|class=mediacenter]]		When choosing a validator, pay attention to the "'fee amount"' that he will deduct from your accruals as his profit and "'stability"' (presence/absence of fines), because the size of your accruals depends on it.

			[[File:en-delegate3.png\|1000px\|class=mediacenter]]

	After you have selected a validator, copy its public key (the address under the validator's name). Go back to the "Delegation" tab and paste it into the "Validator Address" line. Fill in the remaining fields and complete the binding process.		After you have selected a validator, copy its public key (the address under the validator's name). Go back to the "Delegation" tab and paste it into the "Validator Address" line. Fill in the remaining fields and complete the binding process.
Line 58:		Line 60:
	<div class="level3">		<div class="level3">

	Go to https://decimalchain.com/ru / and select "Console" in the "Tools" block. [[File:en-delegate4.png\|1000px\|class=mediacenter]]		Go to https://decimalchain.com/ru / and select "Console" in the "Tools" block.

			[[File:en-delegate4.png\|1000px\|class=mediacenter]]

	Log into your console using your and select the section in '''Delegation''' . [[File:en-delegate5.png\|1000px\|class=mediacenter]]		Log into your console using your and select the section in '''Delegation''' .

			[[File:en-delegate5.png\|1000px\|class=mediacenter]]

	You will see a form to fill out in which you need to specify:		You will see a form to fill out in which you need to specify:
Line 72:		Line 78:
	By selecting the "Advanced Mode" button, you will be able to add a message to the transaction and select a coin to pay the transaction fee.		By selecting the "Advanced Mode" button, you will be able to add a message to the transaction and select a coin to pay the transaction fee.

	After filling out the form, check the data and confirm the transaction. [[File:en-delegate7.png\|1000px\|class=mediacenter]]		After filling out the form, check the data and confirm the transaction.

			[[File:en-delegate7.png\|1000px\|class=mediacenter]]

	In the next step, you will receive of the transaction, by which you can check its display in the '''Browser''' . Then go back to the page with the last step and click '''Ok''' [[File:en-delegate8.png\|1000px\|class=mediacenter]]		In the next step, you will receive of the transaction, by which you can check its display in the '''Browser''' . Then go back to the page with the last step and click '''Ok'''

			[[File:en-delegate8.png\|1000px\|class=mediacenter]]

	</div>		</div>
Line 86:		Line 96:
	[[File:en-delegate9.jpg\|400px\|class=mediacenter]]		[[File:en-delegate9.jpg\|400px\|class=mediacenter]]

	Next, click "+" and a form will open for you to fill out, in which you need to specify the validator's address, the name of the coin and the number of delegated coins. [[File:en-delegate10.jpg\|400px\|class=mediacenter]]		Next, click "+" and a form will open for you to fill out, in which you need to specify the validator's address, the name of the coin and the number of delegated coins.

			[[File:en-delegate10.jpg\|400px\|class=mediacenter]]

	To get acquainted with the validators and select the address, click the symbol on the left in the line to fill in the "Validator address"		To get acquainted with the validators and select the address, click the symbol on the left in the line to fill in the "Validator address"

Admin at 10:16, 7 June 2022

2022-06-07T10:16:57Z

← Older revision		Revision as of 10:16, 7 June 2022
Line 16:		Line 16:
	<div class="level1">		<div class="level1">

	"'Delegation'" is the process of linking the delegator`s coin stake to the selected validator.		'''Delegation''' is the process of linking the delegator`s coin stake to the selected validator.

	Delegation is carried out due to a special transaction on the Decimal network in which funds are blocked on the user's account, while increasing the stake of the selected Validator. Any user of the network can delegate their DEL coins, as well as any custom coins and NFT issued on the Decimal network.		Delegation is carried out due to a special transaction on the Decimal network in which funds are blocked on the user's account, while increasing the stake of the selected Validator. Any user of the network can delegate their DEL coins, as well as any custom coins and NFT issued on the Decimal network.

	"'Delegation performs several important functions on the network'':		'''Delegation performs several important functions on the network''':

	1. "'The power of the voice'"		1. '''The power of the voice'''

	By delegating funds, each user increases the validator's stake. The larger the total stake of the validator, the higher it rises in the rating of validators. In case of changes on the blockchain, the proposal put to the vote by the developers is accepted by the first nine validators in terms of voting power.		By delegating funds, each user increases the validator's stake. The larger the total stake of the validator, the higher it rises in the rating of validators. In case of changes on the blockchain, the proposal put to the vote by the developers is accepted by the first nine validators in terms of voting power.
Line 30:		Line 30:
	Generation of new DEL coins occurs only on delegated coins.		Generation of new DEL coins occurs only on delegated coins.

	3. "'Security'"		3. '''Security'''

	Technically, when delegating, the validator does not get access to the delegator's funds, since these funds actually remain in the delegator's account. Delegated coins are linked (bonded) to the validator's account balance, while the owner of the coins simply cannot dispose of the delegated funds until he unlinks (unbonds) them from the validator with the appropriate request. The validator does not have access to the delegated coins and cannot withdraw or spend them.		Technically, when delegating, the validator does not get access to the delegator's funds, since these funds actually remain in the delegator's account. Delegated coins are linked (bonded) to the validator's account balance, while the owner of the coins simply cannot dispose of the delegated funds until he unlinks (unbonds) them from the validator with the appropriate request. The validator does not have access to the delegated coins and cannot withdraw or spend them.
Line 40:		Line 40:
	<div class="level1">		<div class="level1">

	Before filling out the delegation form [[instructions:howtochooseavalidator\|select a validator]] . To get acquainted with all the validators, use the "'Blockchain"' tab in the menu at the top of the browser page https://explorer.decimalchain.com/ru		Before filling out the delegation form [[instructions:howtochooseavalidator\|select a validator]] . To get acquainted with all the validators, use the '''Blockchain''' tab in the menu at the top of the browser page https://explorer.decimalchain.com/ru

	[[File:en-delegate1.png\|1000px\|class=mediacenter]]		[[File:en-delegate1.png\|1000px\|class=mediacenter]]
Line 74:		Line 74:
	After filling out the form, check the data and confirm the transaction. [[File:en-delegate7.png\|1000px\|class=mediacenter]]		After filling out the form, check the data and confirm the transaction. [[File:en-delegate7.png\|1000px\|class=mediacenter]]

	In the next step, you will receive of the transaction, by which you can check its display in the '''Browser''' . Then go back to the page with the last step and click "'"Ok""' [[File:en-delegate8.png\|1000px\|class=mediacenter]]		In the next step, you will receive of the transaction, by which you can check its display in the '''Browser''' . Then go back to the page with the last step and click '''Ok''' [[File:en-delegate8.png\|1000px\|class=mediacenter]]

	</div>		</div>
Line 114:		Line 114:
	<div class="level3">		<div class="level3">

	"'Example:"'		'''Example:'''

	You have chosen a validator with a 5% fee. You delegated coins to him, and according to your stake and the current Decimal network parameter, your reward is 30 DEL. Automatically, the validator will deduct 5% from each of your rewards and you will receive 28.5 DEL (30 DEL - 5%).		You have chosen a validator with a 5% fee. You delegated coins to him, and according to your stake and the current Decimal network parameter, your reward is 30 DEL. Automatically, the validator will deduct 5% from each of your rewards and you will receive 28.5 DEL (30 DEL - 5%).
Line 124:		Line 124:
	<div class="level1">		<div class="level1">

	'''Withdrawal of coins from delegation"' (“unbound” - cancellation of the obligation) is the operation of returning the coins delegated to the validator.		'''Withdrawal of coins from delegation''' (“unbound” - cancellation of the obligation) is the operation of returning the coins delegated to the validator.

	The recall can be at the request of the delegate or forced. Forced partitioning occurs if:		The recall can be at the request of the delegate or forced. Forced partitioning occurs if:
Line 147:		Line 147:
	<div class="level1">		<div class="level1">

	'''Missing block"'		'''Missing block'''

	If the validator, due to any reason, missed 12 blocks out of the last 24, a fine of 1% of the entire node stake is imposed on him. The node is excluded from the list of active ones, ceases to sign new blocks, and therefore stops to receive a basic reward for the block. After the owners of the fined node fix the problem, they must re-enable it.		If the validator, due to any reason, missed 12 blocks out of the last 24, a fine of 1% of the entire node stake is imposed on him. The node is excluded from the list of active ones, ceases to sign new blocks, and therefore stops to receive a basic reward for the block. After the owners of the fined node fix the problem, they must re-enable it.

	'''Double signature attempt"'		'''Double signature attempt'''

	If the validator accidentally or intentionally tried to double-sign the same block, a fine of 5% of the entire node stake is imposed on him. A forced unbond of all funds delegated to the masternode also happens in this case.		If the validator accidentally or intentionally tried to double-sign the same block, a fine of 5% of the entire node stake is imposed on him. A forced unbond of all funds delegated to the masternode also happens in this case.

	"'How does the penalty affect the delegate"'		'''How does the penalty affect the delegate'''

	Fines of 1% and 5% are also distributed to the delegators of the fined node. The rights and responsibilities apply to both rewards and fines. Rewards and penalties are distributed proportionally to the share of the delegator's funds in the total stake of the validator. In case of forced separation, the funds of the delegators, minus 5%, are returned to their balance 30 days after sending the corresponding request for the withdrawal of coins.		Fines of 1% and 5% are also distributed to the delegators of the fined node. The rights and responsibilities apply to both rewards and fines. Rewards and penalties are distributed proportionally to the share of the delegator's funds in the total stake of the validator. In case of forced separation, the funds of the delegators, minus 5%, are returned to their balance 30 days after sending the corresponding request for the withdrawal of coins.
Line 183:		Line 183:
	<div class="level3">		<div class="level3">

	'''Based on the testing experience, the cost of the delegation transaction is ~ 0.6 DEL"'		'''Based on the testing experience, the cost of the delegation transaction is ~ 0.6 DEL'''

	In the Decimal blockchain, the transaction fee consists of the amount of a fixed rate per transaction type + the unit cost per transaction volume in bytes.		In the Decimal blockchain, the transaction fee consists of the amount of a fixed rate per transaction type + the unit cost per transaction volume in bytes.

Admin at 09:00, 7 June 2022

2022-06-07T09:00:03Z

← Older revision		Revision as of 09:00, 7 June 2022
Line 84:		Line 84:
	Log in to the mobile app and select the button with the image of coins in the lower menu.		Log in to the mobile app and select the button with the image of coins in the lower menu.

	[[File:en-delegate9.~~png~~\|400px\|class=mediacenter]]		[[File:en-delegate9.jpg\|400px\|class=mediacenter]]

	Next, click "+" and a form will open for you to fill out, in which you need to specify the validator's address, the name of the coin and the number of delegated coins. [[File:en-delegate10.~~png~~\|400px\|class=mediacenter]]		Next, click "+" and a form will open for you to fill out, in which you need to specify the validator's address, the name of the coin and the number of delegated coins. [[File:en-delegate10.jpg\|400px\|class=mediacenter]]

	To get acquainted with the validators and select the address, click the symbol on the left in the line to fill in the "Validator address"		To get acquainted with the validators and select the address, click the symbol on the left in the line to fill in the "Validator address"

	[[File:en-delegate11.~~png~~\|400px\|class=mediacenter]]		[[File:en-delegate11.jpg\|400px\|class=mediacenter]]

	The address of the validator selected in the previous step is automatically integrated into the form.		The address of the validator selected in the previous step is automatically integrated into the form.
Line 96:		Line 96:
	Fill in all the fields and click "send" . If necessary, use the advanced mode, which allows you to send a message with a transaction, as well as select a coin to pay the network commission.		Fill in all the fields and click "send" . If necessary, use the advanced mode, which allows you to send a message with a transaction, as well as select a coin to pay the network commission.

	[[File:en-delegate12.~~png~~\|400px\|class=mediacenter]]		[[File:en-delegate12.jpg\|400px\|class=mediacenter]]

	</div>		</div>

Admin at 08:38, 7 June 2022

2022-06-07T08:38:22Z

← Older revision		Revision as of 08:38, 7 June 2022
Line 42:		Line 42:
	Before filling out the delegation form [[instructions:howtochooseavalidator\|select a validator]] . To get acquainted with all the validators, use the "'Blockchain"' tab in the menu at the top of the browser page https://explorer.decimalchain.com/ru		Before filling out the delegation form [[instructions:howtochooseavalidator\|select a validator]] . To get acquainted with all the validators, use the "'Blockchain"' tab in the menu at the top of the browser page https://explorer.decimalchain.com/ru

	[[File:~~instructions~~-~~snimok_ehkrana_2022-03-15_v_14.55.20~~.png\|1000px\|class=mediacenter]]		[[File:en-delegate1.png\|1000px\|class=mediacenter]]

	Next, click the "Validators" tab, scroll down the page and you will see a list of all validators and information about them.		Next, click the "Validators" tab, scroll down the page and you will see a list of all validators and information about them.

	[[File:~~instructions~~-~~snimok_ehkrana_2022-03-15_v_15.32.01~~.png\|1000px\|class=mediacenter]]		[[File:en-delegate2.png\|1000px\|class=mediacenter]]

	When choosing a validator, pay attention to the "'fee amount"' that he will deduct from your accruals as his profit and "'stability"' (presence/absence of fines), because the size of your accruals depends on it. [[File:~~instructions~~-~~snimok_ehkrana_2022-03-15_v_15.44.12~~.png\|1000px\|class=mediacenter]]		When choosing a validator, pay attention to the "'fee amount"' that he will deduct from your accruals as his profit and "'stability"' (presence/absence of fines), because the size of your accruals depends on it. [[File:en-delegate3.png\|1000px\|class=mediacenter]]

	After you have selected a validator, copy its public key (the address under the validator's name). Go back to the "Delegation" tab and paste it into the "Validator Address" line. Fill in the remaining fields and complete the binding process.		After you have selected a validator, copy its public key (the address under the validator's name). Go back to the "Delegation" tab and paste it into the "Validator Address" line. Fill in the remaining fields and complete the binding process.
Line 58:		Line 58:
	<div class="level3">		<div class="level3">

	Go to https://decimalchain.com/ru / and select "Console" in the "Tools" block. [[File:~~instructions~~-~~snimok_ehkrana_2022-03-15_v_12.19.42~~.png\|1000px\|class=mediacenter]]		Go to https://decimalchain.com/ru / and select "Console" in the "Tools" block. [[File:en-delegate4.png\|1000px\|class=mediacenter]]

	Log into your console using your and select the section in '''Delegation''' . [[File:~~instructions~~-~~snimok_ehkrana_2022-03-15_v_12.22.10~~.png\|1000px\|class=mediacenter]]		Log into your console using your and select the section in '''Delegation''' . [[File:en-delegate5.png\|1000px\|class=mediacenter]]

	You will see a form to fill out in which you need to specify:		You will see a form to fill out in which you need to specify:
Line 68:		Line 68:
	- Number of coins to delegate		- Number of coins to delegate

	[[File:~~instructions~~-~~snimok_ehkrana_2022-03-15_v_14.37.43~~.png\|1000px\|class=mediacenter]]		[[File:en-delegate6.png\|1000px\|class=mediacenter]]

	By selecting the "Advanced Mode" button, you will be able to add a message to the transaction and select a coin to pay the transaction fee.		By selecting the "Advanced Mode" button, you will be able to add a message to the transaction and select a coin to pay the transaction fee.

	After filling out the form, check the data and confirm the transaction. [[File:~~instructions~~-~~snimok_ehkrana_2022-03-15_v_14.43.12~~.png\|1000px\|class=mediacenter]]		After filling out the form, check the data and confirm the transaction. [[File:en-delegate7.png\|1000px\|class=mediacenter]]

	In the next step, you will receive of the transaction, by which you can check its display in the '''Browser''' . Then go back to the page with the last step and click "'"Ok""' [[File:~~instructions~~-~~snimok_ehkrana_2022-03-15_v_14.44.58~~.png\|1000px\|class=mediacenter]]		In the next step, you will receive of the transaction, by which you can check its display in the '''Browser''' . Then go back to the page with the last step and click "'"Ok""' [[File:en-delegate8.png\|1000px\|class=mediacenter]]

	</div>		</div>
Line 84:		Line 84:
	Log in to the mobile app and select the button with the image of coins in the lower menu.		Log in to the mobile app and select the button with the image of coins in the lower menu.

	[[File:~~Instructions~~-~~image_2022-03-15_16_55_25~~.~~jpg~~\|400px\|class=mediacenter]]		[[File:en-delegate9.png\|400px\|class=mediacenter]]

	Next, click "+" and a form will open for you to fill out, in which you need to specify the validator's address, the name of the coin and the number of delegated coins. [[File:~~Instructions~~-~~image_2022-03-15_16_55_26~~.~~jpg~~\|400px\|class=mediacenter]]		Next, click "+" and a form will open for you to fill out, in which you need to specify the validator's address, the name of the coin and the number of delegated coins. [[File:en-delegate10.png\|400px\|class=mediacenter]]

	To get acquainted with the validators and select the address, click the symbol on the left in the line to fill in the "Validator address"		To get acquainted with the validators and select the address, click the symbol on the left in the line to fill in the "Validator address"

	[[File:~~Instructions~~-~~image_2022-03-15_16_55_28~~.~~jpg~~\|400px\|class=mediacenter]]		[[File:en-delegate11.png\|400px\|class=mediacenter]]

	The address of the validator selected in the previous step is automatically integrated into the form.		The address of the validator selected in the previous step is automatically integrated into the form.
Line 96:		Line 96:
	Fill in all the fields and click "send" . If necessary, use the advanced mode, which allows you to send a message with a transaction, as well as select a coin to pay the network commission.		Fill in all the fields and click "send" . If necessary, use the advanced mode, which allows you to send a message with a transaction, as well as select a coin to pay the network commission.

	[[File:~~Instructions~~-~~image_2022-03-15_16_55_33~~.~~jpg~~\|400px\|class=mediacenter]]		[[File:en-delegate12.png\|400px\|class=mediacenter]]

	</div>		</div>
Line 104:		Line 104:
	<div class="level3">		<div class="level3">

	[[File:~~Instructions~~-~~snimok_ehkrana_2022-03-15_v_16.26.16~~.png\|1000px\|class=mediacenter]]		[[File:en-delegate13.png\|1000px\|class=mediacenter]]

	Each validator sets a fee at his discretion at the stage of applying for the role of validator. You cannot change the fee parameter.		Each validator sets a fee at his discretion at the stage of applying for the role of validator. You cannot change the fee parameter.
Line 139:		Line 139:
	After entering all the data into the recall form, click the "Withdraw" button and complete the transaction.		After entering all the data into the recall form, click the "Withdraw" button and complete the transaction.

	[[File:~~Instructions~~-~~snimok_ehkrana_2022-03-15_v_16.33.15~~.png\|1000px\|class=mediacenter]]		[[File:en-delegate14.png\|1000px\|class=mediacenter]]

	</div>		</div>
Line 167:		Line 167:
	Go to the main page of the DecimalChain website and open the Browser tab in the additional Tools menu. Next, select the "Blockchain" button and click on "Validators".		Go to the main page of the DecimalChain website and open the Browser tab in the additional Tools menu. Next, select the "Blockchain" button and click on "Validators".

	[[File:~~instructions~~-~~snimok_ehkrana_2022-03-15_v_14.55.20.png\|1000px\|class=mediacenter]] [[File:instructions-snimok_ehkrana_2022-03-15_v_14.55.20~~.png\|1000px\|class=mediacenter]]		[[File:en-delegate15.png\|1000px\|class=mediacenter]]

	In the list of validators, the column "Omissions" indicates the number of missed blocks from the validator.		In the list of validators, the column "Omissions" indicates the number of missed blocks from the validator.

	[[File:~~Instructions~~-~~snimok_ehkrana_2022-03-15_v_16.37.27~~.png\|1000px\|class=mediacenter]]		[[File:en-delegate16.png\|1000px\|class=mediacenter]]

	Scroll down the page where you will see the validator penalties and the block numbers on which this penalty was received. On the right, there will be a block with the amount of the total penalty of each validator.		Scroll down the page where you will see the validator penalties and the block numbers on which this penalty was received. On the right, there will be a block with the amount of the total penalty of each validator.

	[[File:~~Instructions~~-~~snimok_ehkrana_2022-03-15_v_16.37.58~~.png\|1000px\|class=mediacenter]]		[[File:en-delegate17.png\|1000px\|class=mediacenter]]

	</div>		</div>

Admin at 08:34, 7 June 2022

2022-06-07T08:34:21Z

← Older revision		Revision as of 08:34, 7 June 2022
Line 74:		Line 74:
	After filling out the form, check the data and confirm the transaction. [[File:instructions-snimok_ehkrana_2022-03-15_v_14.43.12.png\|1000px\|class=mediacenter]]		After filling out the form, check the data and confirm the transaction. [[File:instructions-snimok_ehkrana_2022-03-15_v_14.43.12.png\|1000px\|class=mediacenter]]

	In the next step, you will receive ~~[[File:instructions-snimok_ehkrana_2022-03-15_v_14.44.58.png\|1000px\|class=mediacenter]]~~ of the transaction, by which you can check its display in the "'"Browser""' . ~~[[File:instructions-snimok_ehkrana_2022-03-15_v_14.44.58.png\|1000px\|class=mediacenter]]~~ Then go back to the page with the last step and click "'"Ok""' [[File:instructions-snimok_ehkrana_2022-03-15_v_14.44.58.png\|1000px\|class=mediacenter]]		In the next step, you will receive of the transaction, by which you can check its display in the '''Browser''' . Then go back to the page with the last step and click "'"Ok""' [[File:instructions-snimok_ehkrana_2022-03-15_v_14.44.58.png\|1000px\|class=mediacenter]]

	</div>		</div>

← Older revision		Revision as of 19:52, 17 April 2024
Line 147:		Line 147:

	[[Category:Instructions:Delegating]]		[[Category:Instructions:Delegating]]
			[[Category:Instructions:Coins]]