Admin..Is it possible to change the delegator without unstaking ,

Question

MultiversX - Community

Glen

Admin..Is it possible to change the delegator without unstaking ,

if not can I unstake and change the delegator without waiting for 10 days?

#blockchain #cryptocurrency #elrond #english

0

20.08.2022

6 ответов

10 просмотров

Glen Автор вопроса

Pa⃨w⃨s⃨ -⃨ I WILL NOT DM/CALL
It's not

So need to wait 10 days to change the delegator after unstaking?

0

20.08.2022

Pa⃨w⃨s⃨ -⃨ I WILL NOT DM/CALL

Glen
So need to wait 10 days to change the delegator af...

This will only be a long answer because the channel has been quiet and boring 😁 For legacy delegation it's a 10 day unbonding period, for staking towards a provider it is between 9 and 10 days depending on when you unstake to when the epoch change is (15.15 UTC) For many other networks it happens, some as much as 21 days, but this is normally for different reasons. Elrond's protocol is a sPoS one , (Secure Proof of Stake) meaning staking is vital to the security of the network As per the protocol. The 10/9 epoch (day) unbonding period for active delegation and Staking is clearly defined before people enter it. Here is a quick explanation. After the unStake function is called, funds might still be locked for delegation for several epochs, depending on system load ratio. For this reason, funds will remain locked in the ASC for 10 epochs. So it's to ensure the smooth running of the blockchain. It could be changed via governance in the future, but let's see. Simply put, it is for the security of the network. If people were chopping and changing all the time that could make the network unstable and possibly nodes not having enough stake on them during epoch change and they would therefore lose their node and would have to restake and go to the back of the queue.

0

20.08.2022

Glen Автор вопроса

Pa⃨w⃨s⃨ -⃨ I WILL NOT DM/CALL
This will only be a long answer because the channe...

Thanks for the detailed response 😊

0

20.08.2022

Dom • GeoStaking

Pa⃨w⃨s⃨ -⃨ I WILL NOT DM/CALL
This will only be a long answer because the channe...

great explanation paws, very interesting 👀👌🏼

0

21.08.2022