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Showing content with the highest reputation since 09/29/2019 in all areas

  1. Official guide for setting up a node: https://docs.elrond.com/start-a-validator-node/start-the-network Community enhanced official scripts: https://github.com/ElrondNetwork/elrond-go-scripts Community tutorials: “FAQ running Elrond Network node for the first time” by Jose F. Aznar https://link.medium.com/4ime0uLMn0 “Fast Install & Update Elrond Nodes” by Jose F. Aznar https://link.medium.com/pQxZjzOMn0
    8 points
  2. Battle of Nodes “It is not the strongest of the species that survives, but the one that is most adaptable to change” - Charles Darwin In order to make Elrond a sustainable layer that will stand tall in the face of any challenge, we are building antifragility into its core. Right from the first testnet phase we invite everyone to discover what it means to run a node, get rewards, and put the network through a trial by fire so it will emerge stronger. The Battle of Nodes will feature a Testnet-as-a-Battleground environment where test node operators will be rewarded for supporting the n
    6 points
  3. This proposal is focused on expanding the Elrond staking economy. Please read the information below carefully in preparation for our feedback sessions. The changes we are proposing are meant to open a new era of growth for Elrond, specifically increasing the token distribution and decentralization, strengthening the security of the network, and enabling sustainable business models around staking-as-a-service providers. In short, by enabling more eGold to be staked, more people and validators will participate, more tokens will be locked, security will improve, potentially increasing the va
    5 points
  4. I'm not part of the team, but just my humble opinion. Need to recap a bit the history to understand the present. This blockchain has less than 7 months from the mainnet and is already in top 20 - 25 by marketcap. Inevitably the node price increased a lot. From technical perspective the project is rock solid (and this is reflected in the eGLD price as well), the validators community is also very strong, the same team with long term vision. You cannot change the rules during the game and need to let some time to digest the new economic environment and the current validators expectations. Gr
    4 points
  5. I make here a simple tutorial on how to run multiple node on single machine and changing shard id https://medium.com/@jeff.penaflor1983/tutorial-on-how-to-run-multiple-elrond-node-in-one-machine-for-windows-changing-shard-id-173392bd2f35
    4 points
  6. Hi all, A few interesting general resources about Elrond: General https://info.binance.com/en/research/ERD-2019-06-20-d893c3.html https://messari.io/asset/elrond#profile “Elrond Validator Economics Proposal” by Beniamin Mincu https://link.medium.com/kFq41x9On0
    4 points
  7. Hi Milan, 1. If you run a staking service (accept delegations) there is a delegation manager contract that allows you to create your own delegation contract with your preferred configuration (service fee, delegation cap, etc). For this you need to come with 1250 eGLD yourself, which will be the first delegated amount (your own delegation) and is required in order to keep your delegation contract active. Everything else can come from other delegators. 2. Yes the node will be deactivated by the protocol while the staked amount is below the minimum required. If in the meantime there is
    3 points
  8. If you're not familiar with Mission 6, let me tell you what needs to happen: When the snapshot will be performed on Monday 23 December 12:00 UTC, your wallet balance should be as close as possible to ZERO. You can do whatever you want with your ERD, voting for articles will be the most popular approach, BUT, in the spirit of Shadow Shards, you could be attacking other players, filling their wallet for the snapshot. Having ERD in their wallet can send someone way down on the Leaderboard, this means better chances for you! I'm putting a target on my back!! In a last at
    3 points
  9. I made a guide on medium for elrond BON mission 2. Maybe useful to you guys https://medium.com/@jeff.penaflor1983/bon-mission-2-guidelines-a2471f498956 Thank you.
    3 points
  10. We have discovered a flaw in our finalization algorithm where the finalized block notarized in the metachain was different than the block seen as final in a shard. Based on our findings from shard 3 I will try to describe shortly what happened and how shard 3 got stuck. The current view of a validator in shard 3 at 17:50 UTC looks like this: In shard 3 the latest seen header from the metachain has nonce 18685, which contained the highest finalized block nonce in shard 3 with nonce 17175. Looking in the blockchain explorer on shard 3 page 3 we see the block 17175 at the bot
    3 points
  11. Dear community memebers, Here is an overview on the scoring and rewards methodology. Battle of Nodes: Scoring & Rewards 🔹Earn rewards for maintaining node(s) and completing missions 🔹Earn special prizes for successful attacks, bug discovery and excellent behavior 🔹Points are awarded for each node daily and added up at the end of the event 🔹Prize pool split between special prizes and uptime rewards 🔹Surprise & secret missions for bonus points 🔹Track your nodes on the leaderboards The $50.000 prize pool will be split into two categories: 🏆 Special Prizes will be awa
    3 points
  12. My name is Dan, [UoE] political science undergrad + MBA. Two months after graduation I got entangled in this ambitious project. Involvement is the best way in shaping the future and this is why I’m happy to put so much time into advocating Elrond.
    3 points
  13. If you lose the *.pem files (aka your node's identity) where you found the public keys used to register for the Battle as a Validator, you're dead! At least you chance to get that perfect score is 😅 Make a habit of backing up these files, it's really not that hard. After you have a working node, you'll find them in the config folder that sits next to your node executable. My advice is to pack initialNodesSk.pem and initialBalancesSk.pem into a zip achive, setting up an optional password that you'll not forget, and store it on a different device or on a private file locker like Google
    3 points
  14. The Elrond code imports a repository created by Cloudflare (bn256) for generating some private/public pairs of keys. Due to a bug in that repository, it wasn't possible until today to run a node on a Raspberry PI. But this evening, thanks to Adrian Dobrita (one of the core developers at Elrond), the bug was discovered. So in order to be able to build and run the node on linux / arm64, it is necessary to make the following modification : check line 63 in file mul_arm64.h and change from "ADDS R25, c3 " to "ADDS R1, c3 " That's all folks ! Enjoy 😉
    3 points
  15. I have learnt a lot from you and from the entire community. I am glad that I am part of this progress
    3 points
  16. April 7 - the first rewards from the new Validators On April 7 ~14:30 UTC at epoch 251, these nodes distribute their rewards towards their stake owners, whether directly staked or delegated, in effect producing the first rewards for Staking Phase 3. Also at this date and time, the next 320 new nodes become Active Validators, and so on.
    2 points
  17. Hello, I am in a bit of a situation. I advanced in the waiting list so much in the last days that I can become an active delegator in about 24 hours if it keeps the same speed. Calculating the APRs in Phase 3, a Phase that I understand will last for about 5 months, please tell me what are your exact plans with the community nodes. Will you force delegators out at some point or will you wait for people to undelegate and shut down the nodes as that happens? Giving the little price cartel SPs created in the last few days, there is nothing attractive in going with them for Phase 3 instead of
    2 points
  18. Hi Emi, Thanks for the feedback! The team already pushed a work-around and tomorrow will be pushed the official fix. I tried from my Mac/Safari and it's working as expected now. Best regards, Marius P.S.: Kindly please let's keep English using on this forum
    2 points
  19. The Economic paper we are publishing today presents the economic principles governing the Elrond Network, and how they keep everything aligned Read the full paper here: https://elrond.com/assets/files/elrond-economics.pdf Reasoning and overview Through Elrond we propose a bold vision for a post-capitalist world, providing a new economic model and language specifically designed for the information age. The Elrond token, eGold (eGLD), will have an expected bootstrapping duration of roughly three-to-five years. The Elrond token is inseparable from the Elrond Network, and thus in
    2 points
  20. Hi Marius, The removal of Elrond foundation nodes is not yet in discussion for the phase 3 release, this will be further down the line and will be announced beforehand. But just for the sake of discussion, the mechanism should be fairly simple, one option (which in my opinion would also be elegant) would be to keep the extra stake from the removed keys(nodes) as TopUp stake on the remaining nodes. This will indeed cause the return per staked token to decrease on average a bit, since the topUp stake APR is always below the base stake APR, but will also allow SaaS providers to become a
    2 points
  21. Hi folks! I have some questions please. My understanding is that (soon) starting with the phase 3, the max no of validators will be increased up to 3200. Also, some of the Elround Foundation nodes will be removed letting some space for some external nodes. So far so good. My questions: 1. How are selected the nodes to be removed? Just random? 2. What's happening exactly with the tokens delegated to those Elround Foundation nodes? Will be moved transparently to some staking partners? 3. The affected delegators will be announced and can decide for themselves? Thank you, Marius
    2 points
  22. small fish hi all, well im a small fish here and i only run one validator node, at the moment i dont want to go into becoming staking as a service provider untill i could become more comfortable with the smartcontracts etc so untill then im quite happy running my node, if i could i would had run more nodes but i do not have the funds for this, so im just going to put this out their, i understand the proposal to increase the stake per node but putting the amount up too much may price even more people out and a few people/comapanies could end up running a majority of the nodes, this to me
    2 points
  23. Should we also have a flow in the main DSSC where people will choose lock commitment for a higher APR comparing with no lock commitment ?
    2 points
  24. About Delegation System Smart Contracts: I suggest by default to have some variables that helps to define: standard fee (without lock commitment) 3 months fee 6 months fee 12 months fee If a provider only "fill" the variables standard fee and 12 months fee, only this 2 options will be available in the SC This change will cover a lot of scenarios for staking providers
    2 points
  25. I think it's time for a small presentation. My name is Kevin and i'm from France :) My interest for cryptocurrency really started in March and i discovered Elrond quite late in June. I am autodidacte and passionate in web-technologies and i believe that Elrond will occupy myself for the years to come. I am used to work with API and im fluent in SQL. Who know may be one day i will write some smart contracts on Elrond I feel like i'm taking part in history and i'm glad to help the french community in telegram and on medium as a translator :) Have a nice day !
    2 points
  26. Elrond blueprint wallpaper. All the download links for wallpapers here. Since forum compresses - Full resolution download link: Blueprint - https://i0.wp.com/tarantulo.lt/wp-content/uploads/2019/09/The-Erlond-blueprint.jpg Rasperry Pi - https://i0.wp.com/tarantulo.lt/wp-content/uploads/2019/09/Erlond-rasberry-4k-Dark.jpg Bubbles wallpaper - https://i0.wp.com/tarantulo.lt/wp-content/uploads/2019/09/Elrond-desktop-4K.jpg
    2 points
  27. Here is a all you need to know on the technical level about Samsung's cryto enabling Keystore: https://developer.samsung.com/blockchain/keystore/understanding-sdk Elrond will be supported by the Samsung wallet, as a partnership has been announced.
    2 points
  28. Hi guys. I am Lucian. I am a serial technology entrepreneur and angel investor, with more than 15 years experience in Internet and tech related businesses. I took the first step towards entrepreneurship in 2001, when, as a 21 years old student, launched the first website that later became known as Soft32.com. In 2002, I decided to drop The Bucharest University of Economic Studies where I was specializing in Finance, Insurance, Banking and Stock Exchange in order to focus on building and expanding the Soft32 platform that, at its peak, listed more than 150 000 apps and was visited by more
    2 points
  29. Hello friends, Super excited to finally be able to write stuff on our own forum - cool stuff 🙂 So just to intro myself: I've got a Politics and International Relation educational background from Aberdeen University in Scotland - studied, lived and worked in Ireland, Scotland and England for over 7 years. First started my career as a Software and IT recruitment consultant for an international company with HQ in UK, then moved into Employer Branding, Communication and Marketing and now I'm doing Business Development. 2 years ago I returned to my home country - got a decent posi
    2 points
  30. Hello folks, Im a seasoned IT pro with long years of experience in system integration and automation. Im looking forward to play with elrond ecosystem and put it to good test. See you around! nakashu
    2 points
  31. Hello, my name is Sever and I am from the internet. I am a firm believer that cryptographically secured decentralized immutable trustless automation will change the world for the better. In the Elrond team I tell stories and manage projects. In crypto I like reading about all the new exciting tech and adoption developments.
    2 points
  32. Hey guys. I am Beniamin, Founder & CEO of Elrond. I spend most of my time thinking about the long term vision of Elrond, setting near-term milestones, overcommunicating them internally and externally, bringing the brightest minds I know together in the Elrond team, and pushing hard along our team on all fronts to advance in the right direction at high speed. I've been in the bloclchain space since 2013, joined the NEM Core team in 2014, and later invested in more than 30 blockchain startups. However, the last two years have been undoubtedly the most challenging and gratifying year
    2 points
  33. There's a method to update really fast and smooth your linux node. I will try to explain, keep in mind that this tutorial is useful if you had installed the node from the github repository of scripts elrond-go-scripts. If you don't have the node installed from this repository this code can be wrong. I always make the installation of elrond-go-scripts on my home, be careful with the instructions that imply this folder. 1.- Before we start make a copy of your pems: mkdir ~/backup-pems cp ~/go/src/github.com/ElrondNetwork/elrond-go-node/config/*pem ~/backup-pems 2.- Close your
    2 points
  34. Week #40 | Monday, September 30 – Sunday, October 6, 2019 1. Preparations for the Battle of Nodes (improvements, bugfixes, benchmarks, tests) 2. Initial implementation of a System VM and smart contract for validator staking, that will allow nodes to join the network real-time, through a fast protocol built-in mechanism 3. VS Code extensions can handle WASM smart contracts written in C and Rust. Work in progress to enable debugging of such code i
    2 points
  35. 2 points
  36. I think the minimum ERD needed for staking will be adjusted over time, therefore there's no limit to maximum nodes number. The network can scale infinitely and there's no limitation on device due to parallel processing and sharding. Even Bitcoin lightning is only ran by 10K nodes for now. First year is crucial. If we can get >3000 nodes, rewards will be less than 90%. More decentralized. In the few early years market might get monopolized by several people with high staking reward.
    2 points
  37. I just finished writing a Medium post on how to run and maintain one or multiple nodes in Ubuntu 18.04. I hope you like it and please send me feedback for improvements! https://medium.com/@haklander/run-and-maintain-one-or-multiple-elrond-nodes-in-ubuntu-18-04-5f5c9658e580
    2 points
  38. For installing/upgrading one or multiple nodes in Ubuntu 18.04, an alternative set of scripts can be found here. It should be self-explanatory (scroll down for instructions), but if there are questions, I'd be happy to answer them! https://github.com/ahakla/elrond-nodes This may be integrated in the official ElrondNetwork 'elrond-go-scripts' repository, but until then you can just use the link above.
    2 points
  39. Interesting thread Alwin. I will post here one of the best videos that I know. The interview of Brad Laurie to Beniamin Mincu
    2 points
  40. Hi, The most important ones are listed to http://elrondpartners.com/ and others will follow.
    1 point
  41. Hi! I see that you still have the ERD tokens. Here is a short guide on how to exchange your coins for Fiat: 1. First, you would need to swap the ERD tokens for eGLD (just click on convert next to your ERD wallet in Binance and you will arrive here ) 2. Second, click on "Trade" -> "Classic" and search the eGLD/USDT pair (here you can convert eGLD for USDT by setting a sell order) 3. Finally, convert your USDT to EUR. Best regards! :)
    1 point
  42. There is a waiting list for both delegation and staking. For staking we have capped number of seats (with update will be 3200) so having a node in the waiting list when all seats are taken will allow you to replace a validator when it becomes jailed (if you are next in queue) or replace it when it unstakes. Same will be for active delegation with the community delegation smart contract. There will always be some that will want to undelegate at some point, so first in queue will take their place. Of course if you are able to delegate with a staking provider that still accepts del
    1 point
  43. Binance does not seem EGLD to convert to fiat. I can convert ETH to USDT and then to EUR. But the option for EGLD does not seem to be there in the convert dialog. I must be missing something. Best regards, Maarten
    1 point
  44. The deposit will accrue rewards for the SP only if it becomes part of a node stake. If for example the delegation amount + SP deposit <2500 eGLD then it would not receive rewards, as there will be no eligible node to earn rewards. As soon as there is at least one eligible validator with stake from the delegation SC, then the original deposit will also accrue rewards just as you mentioned.
    1 point
  45. For 1 there is also the option for you to not go through the provided delegation manager contract and create your own delegation Smart Contract, where you can set your own rules, no minimum delegated amount from staking provider, etc., but here all the coding/gas optimization/validation/testing/auditing efforts will be on your side, which is really important as the risk for loss of funds in case of bugs is high. We have already spent a lot of time for the coding/testing/auditing etc of the delegation manager system SC and more will follow on the testnet, so for the people that do not have
    1 point
  46. It's a good idea to remove the fixed number of Elrond needed for a node. We can compound our rewards.
    1 point
  47. Elrond blueprint wallpaper. Since forum compresses - Full resolution download link: https://i0.wp.com/tarantulo.lt/wp-content/uploads/2019/09/The-Erlond-blueprint.jpg
    1 point
  48. Hi! My first 2 nodes ever, so I decided to test 2 options, both from contabo.com 1. Win server, CPU 2 cores, RAM 4 GB, Disk 300 GB (HDD), 100 Mbit/s port, UNLIMITED Traffic - 10€ / month (4€ normal cost for technical specs, 6€ for windows server OS) 2. Linux (ubuntu) server, CPU 4 cores, RAM 8 GB, Disk 200 GB (SSD), 200 Mbit/s port, UNLIMITED Traffic - 5€ / month With team help, I managed to set up the ubuntu node, so definitely ubuntu is cheaper (no additional cost with Windows OS).
    1 point
  49. Hi guys, please beware of changing tags/versions!You can find the latest versions here:elrond-go (BINTAG): https://github.com/ElrondNetwork/elrond-go/releases/latest (right now: v1.0.20)elrond-config: https://github.com/ElrondNetwork/elrond-config/releases/latest (right now: dry-run-02-BoN)
    1 point
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