create-validatortransaction. From there, they become validator candidates.
create-validatortransaction, where they must fill out the following parameters:
PubKey: The private key associated with this Tendermint
PubKeyis used to sign prevotes and precommits.
rizonvalconspub(Get this value with
rizond tendermint show-validator)
rizondand used to sign transactions. Application keys are associated with a public key prefixed by
rizonpuband an address prefixed by
rizon. Both are derived from account keys generated by
rizond keys add.
create-validatortransaction, they can be in three states:
in validator set: Validator is in the active set and participates in consensus. Validator is earning rewards and can be slashed for misbehaviour.
jailed: Validator misbehaved and is in jail, i.e. outisde of the validator set. If the jailing is due to being offline for too long, the validator can send an
unjailtransaction in order to re-enter the validator set. If the jailing is due to double signing, the validator cannot unjail.
unbonded: Validator is not in the active set, and therefore not signing blocs. Validator cannot be slashed, and does not earn any reward. It is still possible to delegate Atolo to this validator. Un-delegating from an
unbondedvalidator is immediate.
delegatetransaction from your validator's
unbondingtransaction. Then, Atolo undergo a 3 weeks unbonding period during which they are liable to being slashed for potential misbehaviors committed by the validator before the unbonding process started.
100*80%*1% = 0.8 atolo
100\*20% + Commission = 20.8 atolo
100\*80% - Commission = 79.2 atolo
2% * 1025.51020408 = 20.51020408Atolo go to the reserve pool.
9*R + R + R*5% = 1005 ⇔ R = 1005/10.05 = 100
R + R * 5%: 105 Atolo
105 * 80% * 1%= 0.84 Atolo
105 * 20% + Commission= 21.84 Atolo
105 * 80% - Commission= 83.16 Atolo (each delegator will be able to claim its portion of these rewards in proportion to their stake)
100 * 80% * 1%= 0.8 Atolo
100 * 20% + Commission= 20.8 Atolo
100 * 80% - Commission= 79.2 Atolo (each delegator will be able to claim their portion of these rewards in proportion to their stake)
1 atolo. Even though there is no obligation for validators to self-delegate more than
1 atolo, delegators should want their validator to have more self-delegated Atolo in their staking pool. In other words, validators should have skin in the game.