Validator - Revision history

CryptoUser at 17:27, 26 March 2024

2024-03-26T17:27:31Z

← Older revision		Revision as of 17:27, 26 March 2024
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	== See also ==		== See also ==
	* [[Instruction:How to choose a validator\|Our instruction: How to choose a validator]]		* [[Instruction:How to choose a validator\|Our instruction: How to choose a validator]]

	~~{{interwiki\|ru=Валидатор}}~~

	== Links ==		== Links ==
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	* [https://decimalchain.com/docs/validator/validator-genesis-tx/ Genesis transaction of the validator]		* [https://decimalchain.com/docs/validator/validator-genesis-tx/ Genesis transaction of the validator]
	* [https://decimalchain.com/docs/validator/guard/ Validator node protection]		* [https://decimalchain.com/docs/validator/guard/ Validator node protection]

			{{interwiki\|ru=Валидатор}}

	[[Category:Commoninfo]]		[[Category:Commoninfo]]
	[[Category:Decimal validators]]		[[Category:Decimal validators]]

CryptoUser: /* Validator hardware requirements */

2024-03-26T17:27:12Z

Validator hardware requirements

← Older revision		Revision as of 17:27, 26 March 2024
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	* '''1 TB SSD''' — capacity and type of hard disk;		* '''1 TB SSD''' — capacity and type of hard disk;
	* '''x64 2.0 GHz 4 vCPUs''' — CPU characteristics.		* '''x64 2.0 GHz 4 vCPUs''' — CPU characteristics.

			== See also ==
			* [[Instruction:How to choose a validator\|Our instruction: How to choose a validator]]

			{{interwiki\|ru=Валидатор}}

	== Links ==		== Links ==
	* [https://decimalchain.com/docs/validator/launch/ Launch of the masternode]		* [https://decimalchain.com/docs/validator/launch/ Launch of the masternode]

CryptoUser at 09:05, 7 February 2024

2024-02-07T09:05:35Z

← Older revision		Revision as of 09:05, 7 February 2024
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	[[Category:Commoninfo]]		[[Category:Commoninfo]]
			[[Category:Decimal validators]]

CryptoUser: CryptoUser moved page Commoninfo:validators to Validator

2024-02-07T09:05:07Z

CryptoUser moved page Commoninfo:validators to Validator

← Older revision	Revision as of 09:05, 7 February 2024
(No difference)

CryptoUser at 09:04, 7 February 2024

2024-02-07T09:04:56Z

New page

{{#seo:
|title= Validators — Decimal Wiki
|titlemode= append
|keywords= Decimal Validators
|description= Decimal Validators
}}
'''Validator''' ([[node]], [[masternode]]) is a software package. The main responsibility of the validator is to verify user [[transaction]]s, form new [[block]]s, place blocks on the [[blockchain]]. Validator’s equipment is connected to the Internet and directly to other validators to ensure the main task of establishing [[consensus]].

By consensus, we mean the mechanism by which validators come to a common opinion on the same block and even on each transaction.

Decimal is built on the [[Tendermint]] engine with a consensus mechanism [[PBFT]]. In order for a block to be recognized as valid, it is necessary that ⅔ +1 validator confirm it, otherwise it will not be included in the blockchain. The validators themselves are selected based on the number of stakes (the [[DPoS]] mechanism) that they own or that are provided to them by other network participants.

The process of providing a stake to the validator is called — [[delegation]].

== Validator’s income ==
The initial base [[reward]] for a block is 50 [[DEL]]. Then every 432,000 blocks (approximately 30 days) it will increase according to the embedded [[algorithm]] described in the document [https://decimalchain.com/YPeng.pdf Yellow Paper in chapter 6 (page 14)]

In the 10th year, the payment of basic block rewards will stop completely, and only the total fee of all transactions on the block will remain.

5 % of the reward is automatically sent to the [[DAO]] [[wallet]], another 5 % goes to the [[Decimal]] Developers address. The remaining 90 % are divided by each [[coin]] in delegation.

Each validator sets its own fee which will automatically be deducted from the accruals of the delegators who chose this validator. The validator’s [[fee]] is set once when a candidate for validators is announced, and it cannot be changed. It is the established fee that is the income of the validator.

'''See also:''' [https://decimalchain.com/docs/validator/decimal-txs-fees/ Decimal txs fees].

== How to become a validator ==
To run your [[masternode]], you need to install a server that can work smoothly 24/7. Usually validators install backup servers so as not to receive a penalty for getting disconnected from the network.

'''To become a validator, you need to:'''
* deploy and run the masternode on your server;
* register your masternode in the console: to do this, fill in the fields below;
* send your [[Decimal wallet]] address to the developers;
* activate the supernode after its registration.
The fee for the declare candidacy transaction is 10 DEL.

[[File:en-del-valid1.png|1000px|thumb|left]]<br clear="all">

Decimal was launched with four validators. The maximum starting number of validators is 16. Next, a maximum of four validators can be added per month (every 432,000 blocks). Candidates with the largest stakes will become validators.

[https://help.decimalchain.com/masternode-launch/ Instructions for launching masternodes]

== Penalties ==
Decimal has two types of penalties:
# If the validator is active but has not signed 12 of the last 24 blocks, then he will lose 1 % of his stake;
# If the validator signs two block-candidates of the same height as part of the consensus procedure, then he will be fined already 5 % of his stake (this is a serious violation, due to which a fork of the block chain may form, greatly harming the operation of the entire network).

== Validator conditions for delegators ==
Each validator, at his discretion, sets a fee that will be charged to the delegators' accruals.

Full information about the conditions and characteristics of the validator is displayed on the page «[[Decimal Explorer|Browser]]» in your [[Decimal Console|personal console]].

[[File:en-del-valid2.png|1000px|thumb|left]]<br clear="all">

'''Next to each validator name and address, you will see:'''
* number of blocks skipped;
* the percentage of the fee that the validator charges in his favor to the delegators` rewards;
* the cumulative [[stake]] in DEL is the total stake of all delegators` coins in this validator;
* the minimum possible size of the stake (in [[DEL]]). As soon as all 1000 [[slot]]s are occupied, the smallest stake will become minimal. Therefore, 1001 delegators will «knock him out» if he gets a bigger stake;
* number of occupied slots for delegation (maximum 1000);
* the validator’s [[voice power]].

== Validator hardware requirements ==
* '''4GB RAM''' — the amount of RAM;
* '''1 TB SSD''' — capacity and type of hard disk;
* '''x64 2.0 GHz 4 vCPUs''' — CPU characteristics.

== Links ==
* [https://decimalchain.com/docs/validator/launch/ Launch of the masternode]
* [https://decimalchain.com/docs/validator/validator-genesis-tx/ Genesis transaction of the validator]
* [https://decimalchain.com/docs/validator/guard/ Validator node protection]

[[Category:Commoninfo]]

Admin at 13:43, 7 June 2022

2022-06-07T13:43:51Z

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	<div class="level3">		<div class="level3">

	[https://help.decimalchain.com/ru/masternode-launch / Launch of the masternode]		[https://help.decimalchain.com/ru/masternode-launch Launch of the masternode]

	[https://help.decimalchain.com/ru/validator-genesis-tx / Genesis transaction of the validator]		[https://help.decimalchain.com/ru/validator-genesis-tx Genesis transaction of the validator]

	[https://help.decimalchain.com/ru/decimal-guard/#%D0%B7%D0%B0%D1%89%D0%B8%D1%82%D0%B0-%D0%BD%D0%BE%D0%B4%D1%8B-%D0%B2%D0%B0n%D0%B8%D0%B4%D0%B0%D1%82%D0%BE%D1%80%D0%B0 Validator node protection]		[https://help.decimalchain.com/ru/decimal-guard/#%D0%B7%D0%B0%D1%89%D0%B8%D1%82%D0%B0-%D0%BD%D0%BE%D0%B4%D1%8B-%D0%B2%D0%B0n%D0%B8%D0%B4%D0%B0%D1%82%D0%BE%D1%80%D0%B0 Validator node protection]

Admin at 13:43, 7 June 2022

2022-06-07T13:43:22Z

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	</div></li></ol>		</div></li></ol>

	The fee for the declare candidacy transaction is 10 DEL. [[File:~~Commoninfo~~-~~snimok_ehkrana_2022~~-~~03-11_v_21.41.19~~.png\|1000px\|class=mediacenter]]		The fee for the declare candidacy transaction is 10 DEL. [[File:en-del-valid1.png\|1000px\|class=mediacenter]]

	Decimal was launched with four validators. The maximum starting number of validators is 16. Next, a maximum of four validators can be added per month (every 432,000 blocks). Candidates with the largest stakes will become validators.		Decimal was launched with four validators. The maximum starting number of validators is 16. Next, a maximum of four validators can be added per month (every 432,000 blocks). Candidates with the largest stakes will become validators.
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	Full information about the conditions and characteristics of the validator is displayed on the page " [[commoninfo:explorer\|Browser]] " in your personal console.		Full information about the conditions and characteristics of the validator is displayed on the page " [[commoninfo:explorer\|Browser]] " in your personal console.

	[[File:~~Commoninfo~~-~~snimok_ehkrana_2022~~-~~03-11_v_21.49.27~~.png\|1000px\|class=mediacenter]]		[[File:en-del-valid2.png\|1000px\|class=mediacenter]]

	Next to each validator name and address, you will see:		Next to each validator name and address, you will see:

Admin at 13:37, 7 June 2022

2022-06-07T13:37:41Z

← Older revision		Revision as of 13:37, 7 June 2022
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	Decimal was launched with four validators. The maximum starting number of validators is 16. Next, a maximum of four validators can be added per month (every 432,000 blocks). Candidates with the largest stakes will become validators.		Decimal was launched with four validators. The maximum starting number of validators is 16. Next, a maximum of four validators can be added per month (every 432,000 blocks). Candidates with the largest stakes will become validators.

	[[https://help.decimalchain.com~~/ru~~/masternode-launch/~~#требования \|~~Instructions for launching mtcernodes]]		[[https://help.decimalchain.com/masternode-launch/ Instructions for launching mtcernodes]]

	</div>		</div>

Admin at 13:36, 7 June 2022

2022-06-07T13:36:33Z

← Older revision		Revision as of 13:36, 7 June 2022
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	Decimal was launched with four validators. The maximum starting number of validators is 16. Next, a maximum of four validators can be added per month (every 432,000 blocks). Candidates with the largest stakes will become validators.		Decimal was launched with four validators. The maximum starting number of validators is 16. Next, a maximum of four validators can be added per month (every 432,000 blocks). Candidates with the largest stakes will become validators.

	[https://help.decimalchain.com/ru/masternode-launch/#требования /\|Instructions for launching mtcernodes]		[[https://help.decimalchain.com/ru/masternode-launch/#требования \|Instructions for launching mtcernodes]]

	</div>		</div>

Admin at 13:35, 7 June 2022

2022-06-07T13:35:52Z

← Older revision		Revision as of 13:35, 7 June 2022
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	Decimal was launched with four validators. The maximum starting number of validators is 16. Next, a maximum of four validators can be added per month (every 432,000 blocks). Candidates with the largest stakes will become validators.		Decimal was launched with four validators. The maximum starting number of validators is 16. Next, a maximum of four validators can be added per month (every 432,000 blocks). Candidates with the largest stakes will become validators.

	[[https://help.decimalchain.com/ru/masternode-launch/#требования /\|Instructions for launching mtcernodes]]		[https://help.decimalchain.com/ru/masternode-launch/#требования /\|Instructions for launching mtcernodes]

	</div>		</div>