Creating / Editing a Validator
General information
For all blockchains in the Cosmos ecosystem, almost the same commands work - therefore, the examples below can be used for different blockchains - only changing identifiers
First, let's understand the main keys
--from the name of the local key (wallet) that belongs to the validator and has a certain number of coins in the account
--amount amount of coins to be placed in own validator (own stake)
--pubkey public key of the validator
--moniker unique validator name under which you will be seen in the list of validators
--security-contact email or other validator ID that can be used to contact the validator
--details short description of the validator (any arbitrary text)
--website link to any resource available to the validator
--identity specifying a 16-digit Keybase identifier will allow using the Keybase API to bind an avatar from Keybase to the validator
--min-self-delegation The minimum amount of the validator's own stake that must remain in the account. If the number of self-delegated coins falls below this amount, the validator becomes inactive. A large amount can mean serious ambitions of the validator and his increased responsibility to the delegators, which will be a plus when choosing this validator. The sum of 1000000 will be equal to 1 coi
--commission-rate percentage of profit a validator receives from the sum of its delegates' rewards (commission charged). The number 1 will be equal to 100% of the validator's commission, while delegators will not receive anything at all by delegating to this validator. And for example, 0.1 will equal 10% of the validator's commission, which means that before returning the profit to the delegates, the validator takes 10% of it in his favor
--commission-max-rate is the maximum possible validator commission. This parameter remains unchanged and is set only when the validator is created. The number 1 will be equal to 100% of the validator's commission, and for example 0.1 will be equal to 10% of the validator's commission
--commission-max-change-rate percentage by which a validator can change its commission within 1 day. You can both reduce the commission and increase it, but until the
--commission-max-rate For example 0.01 will mean that the validator will be able to change the fee by 1 percent per day
--chain-id network identifier. Can be both testnet and mainnet
--gas gas limit for each transaction. "auto" to automatically calculate enough gas
--fees fees payable with the transaction, e.g. 5denom
To create a validator you need:
fully synchronized node
wallet with some coins
Create a validator
Please enter your data into the variables. If necessary, not all keys can be used
The data below is an example!
Editing a validator
Last updated