What is SEMUX Delegates and Validators explanation

in #blockchain7 years ago


 In my previous article   was provided information about the project SEMUX


Semux The First Java-based BFT Blockchain , NO ICO , NO Premine, only development from scratch !


 Today I would like to share information about what is  Delegates and Validators


 

Delegates and Validators


 

What is a delegate

Delegates are special accounts on the Semux BFT  consensus. Delegates are accounts that are available for voting and  could become a validator. To register as a delegate you need to have 1000 SEMs + transaction fee. 

How to register as a delegate

To become a delegate  

  1. Make sure you have enough balance (1000 SEMs + transaction fee);
  2. Click on the Delegates tab;
  3. In the middle right side you can see a bar below Unvote;
  4. Type the name you want your delegate to appear;
  5. Click Register as delegate.

What is validator

Validators are delegates who are allowed to forge/mine blocks and validate transaction for the BFT Protocol. To become a Validator, a Delegate need to have enough number of votes to make it to the Top 100 of the list. Validators are indicated with the V symbol compared to S symbol for other delegates. 

How to become a validator

To become a validator  

  1. Make sure to register as delegate
  2. Vote for your own delegate  
    1. Click on the Delegates tab;
    2. On the right side type the number of votes you want to put for your delegate;
    3. Click on your delegate;
    4. Click Vote (note: votes will remain locked until you unvote).
  3. Wait for others to vote for your own delegate

Number of validators

At the start of the network there will be 20 validators slots. The Top 20 validators with the most number of votes will automatically become validators. Delegates can add more votes to remain in the Top 20. The number of validators will increment by 1 every 9 hours until the maximum of 100 validators is reached. 

Recommended validator setup

Validators need to be backed by powerful computers, as they are very important to the whole network. Minimum Setup  

  • 8GB Memory
  • 4 core CPU
  • 100 Mbps Bandwidth

Recommended Setup  

  • 16GB Memory
  • 8 core CPU
  • 1 Gbps Bandwidth


 I will try to keep you posted about this wonderful and prospective project! 


 

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Thank you !

This is pretty amazing really you did very well job.

Thank you !

Semux is a growing great project, like dPos you can earn little with the delegation system. But you can earn more with the bitcointalk bounty ! Maybe a huge 2019 #crypto