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Staking (Validators)

The Staking page shows all validators on the Provenance Blockchain. They are filtered by Active, Candidate, and Jailed.

Validator list, defaulted to "Active"

The Provenance Blockchain has a parameter that defines the size of the Active validator set. An Active validator is:

  • Bonded;
  • Signing transactions;
  • Participating in consensus;
  • In the top X number of validators by voting power, where X is the size of this active validator set as defined by the blockchain

A Candidate validator is:

  • Either:
    • Bonded;
    • Just outside the size of the active validator set
  • Or:
    • Unbonded
  • Or:
    • Recovering from being Jailed.

A Jailed validator has:

  • Participated in bad behavior, earning them a slashing penalty;
  • Missed too many blocks in consensus voting, earning them a slashing penalty

Active Validators​

These are the validators that are actively processing transactions to add to the blockchain ledger.

Information to note:

  • Commission: this is the percentage of a block's fees taken by the validator before the remaining is distributed to delegators. See #distribution for more information. Ideally, the lower the Commission, the better for delegators
  • Voting Power: based on the percentage of total delegation on the blockchain, the higher the Voting Power, the more influence the validator will have on the blockchain
  • Uptime: the percentage of blocks the validator has be "up" since they were added to the validator set. 100% = the validator has missed a negligible amount of or no blocks
  • Self Bonded: the amount of Hash the validator's Operator Account has delegated to the validator. This shows the operator has skin in the game

Candidate and Jailed Validators​

Information to note:

  • Unbonding Height: the block height where the validator started the unbonding process, either due to being jailed, or being moved out of the Active validator set