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create-validator.md

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Creating a new account

First we need to set up a new account to receive funds in. It can be done in a UI wallet or using go-opera:

opera account new

Follow the prompts and supply the password, you will receive output;

Your new key was generated

Public address of the key:   0xAddress
Path of the secret key file:

- You can share your public address with anyone. Others need it to interact with you.
- You must NEVER share the secret key with anyone! The key controls access to your funds!
- You must BACKUP your key file! Without the key, it's impossible to access account funds!
- You must REMEMBER your password! Without the password, it's impossible to decrypt the key!

Creating a new validator key

We have to create validator private key to sign consensus messages with. It can be done only using go-opera:

opera validator new

Follow the prompts and supply the password, you will receive output;

Your new key was generated

Public key:                  0xYourPubkey
Path of the secret key file:

- You can share your public key with anyone. Others need it to validate messages from you.
- You must NEVER share the secret key with anyone! The key controls access to your validator!
- You must BACKUP your key file! Without the key, it's impossible to operate the validator!
- You must REMEMBER your password! Without the password, it's impossible to decrypt the key!

Create a validator in the SFC

Initializing the SFC

Follow instructions in sfc.md.

Creating a validator

Create validator

  • Insert the validator public key with quotes instead of "0xYourPubkey". Example: "0xc004b81423f875a056d31e8779e2e9fb88f63e826bbe25a15dd00327622828a951aa5f7cc7ffd027b34b25a53ab64d1fbf6ccc2685ef893f36f814ee0d6b90cc5f39"
    Ensure that you specify a correct public key, as it's impossible to change afterwards!

  • Insert your address with quotes instead of "0xYourAddress". Example: "0xfE19B9Ae8b056eE11d20A8F530326a2C3b99ADca"
    This address will be used for validator authentication in smart contract (such as collecting rewards or voting in the Governance contract)

  • Substitute validator self-stake amount in FTM instead of 500000.0

personal.unlockAccount("0xYourAddress", "password", 60) // make sure account is unlocked
tx = sfcc.createValidator("0xYourPubkey", {from:"0xYourAddress", value: web3.toWei("500000.0", "ftm")}) // 500000.0 FTM

Note: make sure to not store the address key on the machine! Move it to an airgapped device. If the key was ever stored on the server, securely erase it with shred -vu.

Check the tx is confirmed

ftm.getTransactionReceipt(tx)

When tx gets confirmed, should be non-zero

sfcc.getValidatorID("0xYourAddress")

Startup as a validator

Follow instructions in launch-validator.md.