🏛 Elrond Validators Town Hall Meeting

2021 - 05 - 11 Recording

[Forwarded from Elrond Network - Announcements]
Accelerating Decentralization: Staking Phase 3.5 proposal

The Elrond ecosystem has fantastic momentum in all areas. Staking has seen particularly explosive growth. We propose an interim adaptation of some of the staking mechanisms, in order to better align incentives towards further decentralization.

For Staking Phase 3.5, we propose the following changes:

🔹 Adjust APR for Base & Top-Up stake
🔹 Existing Validators can become Staking Providers
🔹 Existing Validator nodes can be merged into Staking Pools

The changes are expected to go live by mid of June.

Full details: https://elrond.com/blog/elrond-staking-phase-3-5
Town Hall recording: https://youtu.be/k8CKA7HBTfo
Forum discussion: https://forum.elrond.com/topic/1086-its-time-to-grow-staking-phase-35-proposal/

Retweet: https://twitter.com/LucianMincu/status/1392427695183695876

📣 TESTNET Upgrade T1.1.56.0

Hello Validators,

We are upgrading the TESTNET. We upgrade the nodes and keep the database.

This release includes the first version of our Staking Phase 3.5 proposal, for testing and analysis.

Remember to review our proposal and comment on it:

https://forum.elrond.com/topic/1086-its-time-to-grow-staking-phase-35-proposal/

⚠️ Do not upgrade your mainnet validators! You risk getting jailed and jeopardizing the mainnet.

🛠 Version: T1.1.56.0

⏱ New features activate at Epoch 315, May 12 ~19:00 UTC

👉 Let’s upgrade our TESTNET VALIDATORS. Please do:

cd ~/elrond-go-scripts-testnet
./script.sh github_pull
./script.sh upgrade
./script.sh start

🌐 Testnet Explorer | Testnet Wallet | Setup a Testnet Validator

🛠 Test the Staking Phase 3.5 New Features

Hello Validators,

Here’s how you can use the new Staking Phase 3.5 features to make your Validators into a staking pool.

1. Create a new Delegation Smart Contract for an Existing Validator

Send the following transaction from the wallet you staked the Validator from:

To: erd1qqqqqqqqqqqqqqqpqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqylllslmq6y6
Value: 0
Gas Limit: 510000000
Data: makeNewContractFromValidatorData@(max cap)@(fee)

Where:
Max cap = total delegation cap in eGLD, fully denominated, in hexadecimal encoding

For example, to obtain the fully denominated form of 7231.941 eGLD, the amount must be multiplied by 10^18, resulting in 7231941000000000000000. Do not encode the ASCII string "7231941000000000000000", but encode the integer 7231941000000000000000 itself. This would result in "01880b57b708cf408000".

00 = uncapped

Fee: service fee as hundredths of percents, in hexadecimal encoding

For example, a service fee of 37.45% is expressed by the integer 3745. This integer must then be encoded hexadecimally (3745 becomes "0ea1").

2. Merging a Validator into an Existing Delegation Smart Contract

The owner of the Delegation SC has to whitelist the wallet from which the Merging Validator was staked from. From the delegation SC owner's wallet, send a transaction with the following parameters:

To: <delegation SC address>     
Value: 0
Gas limit: 5000000
data: whitelistForMerge@<Merging Validator wallet address in HEX format>

Then the Merging Validator has to send the merge transaction from the whitelisted wallet:

To: erd1qqqqqqqqqqqqqqqpqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqylllslmq6y6
Value: 0
Gas limit: 510000000
Data: mergeValidatorToDelegationWithWhitelist@<the Delegation SC address in HEX format>

Happy testing!

🌐 Testnet Explorer | Testnet Wallet | Setup a Testnet Validator

📣 TESTNET Upgrade T1.1.57.0

Hello Validators,

We are upgrading the TESTNET. We upgrade the nodes and keep the database.

This release fixes a "dust re-delegation" issue.

Remember to test the Staking Phase 3.5 features: https://t.me/ElrondValidatorsAnn/377

⚠️ Do not upgrade your mainnet validators! You risk getting jailed and jeopardizing the mainnet.

🛠 Version: T1.1.57.0

👉 Let’s upgrade our TESTNET VALIDATORS. Please do:

cd ~/elrond-go-scripts-testnet
./script.sh github_pull
./script.sh upgrade
./script.sh start

🌐 Testnet Explorer | Testnet Wallet | Setup a Testnet Validator

📣 TESTNET Upgrade T1.1.58.0

Hello Validators,

We are upgrading the TESTNET. We upgrade the nodes and keep the database.

This release fixes some issues with Staking Phase 3.5 features and brings minor API changes.

Remember to test the Staking Phase 3.5 features: https://t.me/ElrondValidatorsAnn/377

⚠️ Do not upgrade your mainnet validators! You risk getting jailed and jeopardizing the mainnet.

🛠 Version: T1.1.58.0

👉 Let’s upgrade our TESTNET VALIDATORS. Please do:

cd ~/elrond-go-scripts-testnet
./script.sh github_pull
./script.sh upgrade
./script.sh start

🌐 Testnet Explorer | Testnet Wallet | Setup a Testnet Validator

📣 TESTNET Upgrade T1.1.59.0

Hello Validators,

We are upgrading the TESTNET. We upgrade the nodes and keep the database.

This release brings fixes to the bugs found over the latest days of testing.

Remember to test the Staking Phase 3.5 features: https://t.me/ElrondValidatorsAnn/377

⚠️ Do not upgrade your mainnet validators! You risk getting jailed and jeopardizing the mainnet.

🛠 Version: T1.1.59.0

👉 Let’s upgrade our TESTNET VALIDATORS. Please do:

cd ~/elrond-go-scripts-testnet
./script.sh github_pull
./script.sh upgrade
./script.sh start

🌐 Testnet Explorer | Testnet Wallet | Setup a Testnet Validator

📣 TESTNET Reset (pre-Upgrade): T1.1.51.1 - Remove DB

Hello Validators,

We will reset the testnet and bring it to the same version as the mainnet. We immediately follow-up with an upgrade.

⚠️ Do not upgrade your mainnet validators! You risk getting jailed and jeopardizing the mainnet.

✅ We delete the existing TESTNET databases.

🛠 Version: T1.1.51.1

👉 Let's upgrade our TESTNET VALIDATORS. Please do:

cd ~/elrond-go-scripts-testnet
./script.sh github_pull
./script.sh stop
./script.sh remove_db
./script.sh upgrade
./script.sh start

⏱ Genesis time: Thursday (today) May 27, 11:00 UTC

• 1 testnet epoch = 2 hours
• unbonding period = 2400 rounds / 2 epochs / 4 hours

🌐 Testnet Explorer | Testnet Wallet | Setup a Testnet Validator

📣 TESTNET Upgrade T1.1.59.1

Hello Validators,

We are upgrading the TESTNET. We upgrade the nodes and keep the database.

This release is the Mainnet Upgrade Release Candidate for Staking Phase 3.5.

Remember to test the new features: https://t.me/ElrondValidatorsAnn/377

⚠️ Do not upgrade your mainnet validators! You risk getting jailed and jeopardizing the mainnet.

🛠 Version: T1.1.59.1

👉 Let’s upgrade our TESTNET VALIDATORS. Please do:

cd ~/elrond-go-scripts-testnet
./script.sh github_pull
./script.sh upgrade
./script.sh start

🌐 Testnet Explorer | Testnet Wallet | Setup a Testnet Validator

📣 DEVNET Upgrade D1.1.59.0

Hello Validators & Developers,

We are upgrading the DEVNET. We upgrade the nodes and keep the database.

We're bringing the latest mainnet upgrade release candidate to the devnet as well. Importantly, new ESDT APIs are live, for fungible, SFT & NFTs.

Check them out here: https://docs.elrond.com/developers/nft-tokens/#rest-api

👌 Devs: no on-chain data loss because of this upgrade.

⏱ New features activate at epoch 817, May 28 (today) ~18:20 UTC

⚠️ Do not upgrade your mainnet validators! You risk getting jailed and jeopardizing the mainnet.

🛠 Version: D1.1.59.0

👉 Let’s upgrade our DEVNET VALIDATORS. Please do:

cd ~/elrond-go-scripts-devnet
./script.sh github_pull
./script.sh upgrade
./script.sh start

🛠 Devnet Explorer | Devnet Wallet | Setup a Devnet Validator

📣 MAINNET Upgrade V1.1.59.1

Hello Validators,

We are upgrading the MAINNET!

This is the release Validators have been waiting for.

Staking 3.5 begins on Monday June 14.

Highlights:

• Increase Top-Up APR, decrease Base APR
• Individual Validators Can Become Staking Providers Without Unstaking First
• Existing Validators And Existing Staking Pools Can Merge

Review the Staking Phase 3.5 proposal here: https://elrond.com/blog/elrond-staking-phase-3-5/

📚 Full release notes: https://github.com/ElrondNetwork/elrond-go/releases/tag/v1.1.59

🛠 Version: V1.1.59.1

👉 Let’s upgrade our MAINNET VALIDATORS. Please do:

cd ~/elrond-go-scripts-mainnet/


./script.sh github_pull
./script.sh upgrade
./script.sh start

⏱ New features activate at Epoch 319, Monday June 14, ~14:30 UTC

📣 TESTNET Upgrade T1.1.60.0

Hello Validators,

We are upgrading the TESTNET. We upgrade the nodes and keep the database.

This release tests the possibility of upgrading the Arwen VM at the same time for the entire network. Simply put, Arwen V1 in epoch X becomes Arwen V1.1 in epoch X+1, on all nodes at once. This is useful for maintaining smart contract execution consistency at network level, even during an important upgrade.

⏱ For testing purposes, on the TESTNET only, the Arwen VM will be upgraded to v1.3 in one epoch, then downgraded to v1.2 in the following epoch, and so on, starting with epoch 138 and ending in epoch 143.

⚠️ Do not upgrade your mainnet validators! You risk getting jailed and jeopardizing the mainnet.

🛠 Version: T1.1.60.0

👉 Let’s upgrade our TESTNET VALIDATORS. Please do:

cd ~/elrond-go-scripts-testnet
./script.sh github_pull ⬅️ critical step
./script.sh upgrade
./script.sh start

🌐 Testnet Explorer | Testnet Wallet | Setup a Testnet Validator

📣 TESTNET Upgrade T1.1.61.0

Hello Validators,

We are upgrading the TESTNET. We upgrade the nodes and keep the database.

This release contains fixes for bugs identified since the last release.

⚠️ Do not upgrade your mainnet validators! You risk getting jailed and jeopardizing the mainnet.

🛠 Version: T1.1.61.0

👉 Let’s upgrade our TESTNET VALIDATORS. Please do:

cd ~/elrond-go-scripts-testnet
./script.sh github_pull
./script.sh upgrade
./script.sh start

🌐 Testnet Explorer | Testnet Wallet | Setup a Testnet Validator

📣 TESTNET Reset (pre-Upgrade): T1.1.59.2 - Remove DB

Hello Validators,

We will reset the testnet and bring it to the same version as the mainnet. We immediately follow-up with an upgrade.

⚠️ Do not upgrade your mainnet validators! You risk getting jailed and jeopardizing the mainnet.

✅ We delete the existing TESTNET databases.

🛠 Version: T1.1.59.2

👉 Let's upgrade our TESTNET VALIDATORS. Please do:

cd ~/elrond-go-scripts-testnet
./script.sh github_pull
./script.sh stop
./script.sh remove_db
./script.sh upgrade
./script.sh start

⏱ Genesis time: Tuesday June 08, 23:00 UTC

• 1 testnet epoch = 2 hours
• unbonding period = 2400 rounds / 2 epochs / 4 hours

🌐 Testnet Explorer | Testnet Wallet | Setup a Testnet Validator

📣 TESTNET Upgrade T1.1.61.1

Hello Validators,

We are upgrading the TESTNET. We upgrade the nodes and keep the database.

This release contains the latest Arwen - v1.3.15

⏱ The new Arwen activates in epoch 5 ~09:00 UTC

⚠️ Do not upgrade your mainnet validators! You risk getting jailed and jeopardizing the mainnet.

🛠 Version: T1.1.61.1

👉 Let’s upgrade our TESTNET VALIDATORS. Please do:

cd ~/elrond-go-scripts-testnet
./script.sh github_pull
./script.sh upgrade
./script.sh start

🌐 Testnet Explorer | Testnet Wallet | Setup a Testnet Validator

📣 TESTNET Upgrade T1.1.62.0

Hello Validators,

We are upgrading the TESTNET. We upgrade the nodes and keep the database.

This release contains fixes for the latest Arwen version.

⚠️ Do not upgrade your mainnet validators! You risk getting jailed and jeopardizing the mainnet.

🛠 Version: T1.1.62.0

👉 Let’s upgrade our TESTNET VALIDATORS. Please do:

cd ~/elrond-go-scripts-testnet
./script.sh github_pull
./script.sh upgrade
./script.sh start

🌐 Testnet Explorer | Testnet Wallet | Setup a Testnet Validator

📣 MAINNET Upgrade V1.1.62.0

Hello Validators,

We are upgrading the MAINNET!

This release has some fixes for Staking Phase 3.5 and the new Arwen version.

⏱ Please upgrade before Monday 14 June 14:30 UTC, to mitigate the risk of the bugs addressed from potentially manifesting

📅 Arwen v1.3.16 will become active Monday 21 June ~14:32 UTC

📚 Full release notes: https://github.com/ElrondNetwork/elrond-go/releases/tag/v1.1.62

🛠 Version: V1.1.62.0

👉 Let’s upgrade our MAINNET VALIDATORS. Please do:

cd ~/elrond-go-scripts-mainnet/


./script.sh github_pull
./script.sh upgrade
./script.sh start

📣 DEVNET Reset D1.1.62.0

Hello Validators,

We are RESETTING the DEVNET. We upgrade the nodes and delete the database. This upgrade brings the DEVNET in line with the mainnet.

A DEVNET that is 1:1 compatible with the mainnet is essential for publicly testing the Maiar Exchange and the development process involving the latest Elrond components.

⏱ Genesis Monday June 14, 17:00 UTC. Features progressively activate every consecutive epoch, up until Epoch 3 ~23:00 UTC when the DEVNET will be 1:1 with the current mainnet release.

⚠️ Do not upgrade your mainnet validators! You risk getting jailed and jeopardizing the mainnet.

🛠 Version: D1.1.62.0

👉 Let’s upgrade our DEVNET VALIDATORS. Please do:

cd ~/elrond-go-scripts-devnet
./script.sh github_pull
./script.sh stop
./script.sh remove_db
./script.sh upgrade
./script.sh start

🛠 Devnet Explorer | Devnet Wallet | Setup a Devnet Validator

📣 TESTNET Reset: T1.1.62.1 - Remove DB

Hello Validators,

We are resetting the TESTNET and bringing it in line with mainnet. This will happen with one release followed by a number of gradual feature activations, every epoch.

⚠️ Do not upgrade your mainnet validators! You risk getting jailed and jeopardizing the mainnet.

✅ We delete the existing TESTNET databases.

🛠 Version: T1.1.62.1

👉 Let's upgrade our TESTNET VALIDATORS. Please do:

cd ~/elrond-go-scripts-testnet
./script.sh github_pull
./script.sh stop
./script.sh remove_db
./script.sh upgrade
./script.sh start

⏱ Genesis time: Monday June 14, 21:00 UTC. Features will gradually activate each epoch until Epoch 3, when everything will be 1:1 with the Mainnet, on Tuesday June 15, ~03:00 UTC.

• 1 testnet epoch = 2 hours
• unbonding period = 2400 rounds / 2 epochs / 4 hours

🌐 Testnet Explorer | Testnet Wallet | Setup a Testnet Validator

📣 TESTNET Upgrade T1.1.63.0

Hello Validators,

We are upgrading the TESTNET. We upgrade the nodes and keep the database.

This release contains fixes for the latest Arwen version.

⚠️ Do not upgrade your mainnet validators! You risk getting jailed and jeopardizing the mainnet.

🛠 Version: T1.1.63.0

👉 Let’s upgrade our TESTNET VALIDATORS. Please do:

cd ~/elrond-go-scripts-testnet
./script.sh github_pull
./script.sh upgrade
./script.sh start

🌐 Testnet Explorer | Testnet Wallet | Setup a Testnet Validator

📣 TESTNET Upgrade T1.1.64.0

Hello Validators,

We are upgrading the TESTNET. We upgrade the nodes and keep the database.

This release contains fixes for the latest Arwen version and an updated staking rewards flow.

⏱ Updates rewards flow activate in epoch 38

⚠️ Do not upgrade your mainnet validators! You risk getting jailed and jeopardizing the mainnet.

🛠 Version: T1.1.64.0

👉 Let’s upgrade our TESTNET VALIDATORS. Please do:

cd ~/elrond-go-scripts-testnet
./script.sh github_pull
./script.sh upgrade
./script.sh start

🌐 Testnet Explorer | Testnet Wallet | Setup a Testnet Validator