How To Become a Validator
Becoming a Validator in the Qubetics Network: Prerequisites and Setup
To join the Qubetics network as a validator, users must meet specific system requirements, install essential tools to run a validator node, and fulfill staking requirements. Below is a detailed guide to help become a validator in Qubetics ecosystem:
System Pre-Requisites
To ensure optimal performance and reliability as a validator, users need to have a dedicated server with the following computational resources:
Operating System: Ubuntu 22.04 or a compatible Linux distribution.
Memory: At least 4 GB of RAM to handle network demands.
Storage: A minimum of 20 GB of available disk space to store Qubetics chain data and logs.
Internet Connection: A stable, high-speed internet connection would be required to maintain a consistent node performance and uptime.
Software and Tool Installation
The following tools must be installed on the system to operate as a validator on the Qubetics network:
Bash: Command-line shell for script execution.
Go: Install a version compatible with the Cosmos SDK requirements.
jq: A lightweight and flexible command-line JSON processor.
wget: For downloading files from the internet.
unzip: To extract files from compressed archives.
build-essential: A package with essential tools for compiling code and building software.
Make sure all tools are properly installed and configured before proceeding to node setup on the Qubetics chain.
Minimum TICS Holdings
To participate as a validator in the Qubetics network, users must hold a minimum balance of 100 TICS coins in their wallet. This balance is critical for the following:
Staking Requirements: Validators must stake TICS coins to join the network and participate in transaction validation.
Economic Security: Staked tokens serve as collateral, ensuring validators act in the best interest of the Qubetics network. Validators are rewarded with TICS tokens for adhering to protocols, but any mistakes or rule violations can result in slashing their stake. Beyond their own tokens, validators are also accountable for those delegated to them, making reliability and integrity essential. This dual responsibility highlights their critical role in maintaining network security and safeguarding the community's trust.
Steps to run a Validator Node
Here is the step-by-step guide to run a Qubetics Validator Node: https://qubetics.gitbook.io/qubetics-docs/getting-started/validator-node-setup
Responsibilities of Validators
1. Maintain Uptime
24/7 Operations: Keep your node online and fully operational at all times to avoid penalties and ensure consistent participation.
Redundancy: Implement backup systems to minimize downtime due to hardware or network failures.
2. Secure the Network
Node Security: Follow best practices to protect your node from unauthorized access and attacks.
Private Keys: Safeguard your private keys securely in encrypted backups.
3. Adhere to Governance Policies
Compliance: Follow the governance rules and protocol standards of the Qubetics network.
Ethical Practices: Ensure fair and honest participation to maintain the integrity of the Qubetics network ecosystem.
How to onboard as a Validator
Here is the link with a step-by-step guide to onboarding as a validator on Qubetics Validator:
https://qubetics.gitbook.io/qubetics-docs/getting-started/validator-application-user-guide
Last updated