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Christos-

What are the differentiating factor between validators? Does a validator

on the network have voting power?;

#blockchain #cryptocurrency #english #luna
0

2 ответов

11 просмотров
Rose🌹-| cosmosrescue

yes. the top 4 currently have full control of the network which is terrible. #validators

0
28.08.2022
Lunetta-
Rose🌹 | cosmosrescue
yes. the top 4 currently have full control of the ...

Things to consider before selecting a validator: ✅ Validator should have a tick mark after the name. It means the validator is trustworthy. Terra-trusted validators are listed on the official GitHub. ✅ Validator should be able to earn rewards. Only bonded Validators (listed as "Active") can earn rewards. ✅ Validator uptime should be maximum. Uptime refers to how often the validator is gaining rewards. ✅ Validator commission should be low. Validator commission is the percentage of our rewards taken by the validator as commission. ✅ Max Commission Rate and Max Daily Commission Change should be minimum. Validators can't change the commission by more than the "daily commission change" and never above the "max commission rate". ✅ Consider delegating outside the top 10 by voting power. To keep the network decentralised, it is recommended to stake with validators outside the top 10. Useful Links: Terra docs Mistakes to avoid when choosing a validator

0
28.08.2022

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