The Process of Choosing a Validator when staking $AKT

Introduction

Explorers on AKASH Network

Validator Set

Choosing a validator

Selection Criteria Checklist

  1. Technical setup of the validator
  2. Amount of self-bonded coins of the validator
  3. Current commission rate, commission change rate and maximum commission
  4. Total amount and number of delegations
  5. Community Involvement and Longevity
  6. The level of network decentralisation
  7. Uptime of the validator
  8. Ability of delegators to vote and participate on governance
  9. Slash Protection
  10. Active participation on chain’s governance
  • Is the software run on a physical server or in a cloud? (Listen carefully for the reasons why the operator choose one over the other)
  • How is validator private key secured? Do they use a hardware security module (HSM)? How about the Key Management Service (kms)?
  • Do they have a reliable way to restart the node if the software or hardware fails?
  • How are they making sure double-signature doesn’t occur?
  • What will happen if the node is censored or under the network attack?

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A Cøsmos pleb.

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Johnnie Cosmos

Johnnie Cosmos

A Cøsmos pleb.

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